3 ms·
Except that is inaccurate. With the exception of the Biden admin, Republicans have been increasing the national debt at a _much_ higher rate. Both private and
by dgb23 2y ago
Except that is inaccurate. With the exception of the Biden admin, Republicans have been increasing the national debt at a _much_ higher rate.
Both private and public dept have been rising rapidly since the 70/80's and the introduction of neoliberal policies. Real wages have stagnated, so Americans go into debt. Tax cuts for the rich, so the US has to borrow.
- rukuu001 2y agoYes I agree with that. I’m just talking about what they say rather than reality. I’d have edited for clarity but I missed the window.
- blitzar 2y ago> With the exception of the Biden admin The last year in office Trump was spending $8 trillion a year and Biden left office spending $6.7 trillion.
- dgb23 2y agoYes, but it would be dishonest to claim that only Republican admins drastically increased the deficit. Biden is an exception. I’m not comparing him to Trump either.