I've ignored nothing. Trump was on pace to outspend the past 5 presidents prior to the pandemic. He will go down in the record books after the pandemic regarding spending (no, I'm not blaming that spending on him. it's necessary)
this has nothing to do with me or anything being discussed.
I literally just refuted this.
Do you know what return on investment is?? Better consider it, Trump's debt was all due to entitlement spending and debt service increases but the question is what did the taxpayers get for that debt
There seems to be a real disconnect when it comes to debt and the results generated from that debt thus showing that all debt isn't equal. What exactly did the American taxpayers get out of the Obama debt??
1. The worst recovery from a major recession in modern history
2. Employment not getting back to pre recession levels until 2014
3. Record numbers of part time for economic reason employment meaning part time jobs thus lower taxpaying jobs
4. 500 billion average annual GDP growth for 8 years(4.0 Trillion GDP growth)
5. 9.3% U-6 Unemployment rate
6. Bail out of the pubic sector and claimed saved jobs which didn't generate the promised new jobs thus new taxpayers from 842 billion dollar shovel ready jobs stimulus
What have we gotten for the Trump debt
1. Strong economic growth, 900 billion average GDP growth 2017-2018-2019(2.7 trillion growth)
2. Employment of 6.6 million jobs created in 3 years vs. 6 million jobs created prior to taking office the last 9 years
3. 6.9% U-6 vs. 9.3% that he inherited
4. 1.4 million fewer part time for economic reason employees than inherited
5. 6% African American unemployment vs. the 8% inherited
6. Record state and local tax revenue due to consumer spending as a result of the tax cuts
7. No massive Gov't stimulus program pre pandemic