Were sending your jobs back to China folks!
(media.omegacanada.win)
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Not to be pedantic, but under Trump US debt increased in a record pace. Obama increased the US debt by about $9 trillion in 8 years. Under Trump it increased now by $7.6 trillions in just 4 years, give it a month till January 20th and it will be over $8 trillion. No other president spend that much in such a short time.
Yeah. When the Democrats suggested the second stimulus of about $2 trillion a month or two ago, the Republicans immediately said that this was way too much. And what did Trump do? He said that $2 trillion aren't enough. $3 trillion would be better.
You can make the same argument with Obama and the financial crisis, where they past bailout after bailout.
Not true. There is not a single year under Trump where the yearly deficit went down. In 2016 (last year under Obama) the deficit was $585 billion. In 2017 (first year under Trump) it was $665 billion. Followed by $779 billion in 2018. In 2019 (still pre-China flu) the deficit was already at $1 trillion. No sign of "takin in more to start paying down the debt".
That was only because no budget was passed in April 2017 and the US government went into a partial shutdown. Thus the government couldn't take on new debt. As soon as a new budget was passed in 2017, the debt made a big jump by several tens of billions in a single day.
True, true. Though, in my opinion Trump wasn't that successful on this part either. Trade deficit with China is as high as under Obama, trade deficit with Mexico almost doubled in 4 years and the overall trade deficit is the highest in like 17 years. You have car factory after car factory closing down in Canada and the US, while in Mexico they keep everything open and they increase their workers pay to circumvent tariffs.
https://asia.nikkei.com/Business/Automobiles/Japan-auto-companies-triple-Mexican-pay-rather-than-move-to-US