Trump spent like a drunk sailor his entire presidency.
what ?
his administration saw spending at about what Obama did for his last 6 years ..... 2020 spiked bigly, and Biden continued that in 2021 and 2022
NOT entire Presidency. I swear ya'll could google this stuff easy
END OF FISCAL YEAR DEBT (IN BILLIONS, ROUNDED) DEBT-TO-GDP RATIO MAJOR EVENTS BY PRESIDENTIAL TERM 1929 $17 16% Market crash 1930 $16 17% Smoot-Hawley reduced trade 1931 $17 22% Dust Bowl drought raged 1932 $20 34% Hoover raised taxes 1933 $23 40% New Deal increased GDP and debt 1934 $27 40% 1935 $29 39% Social Security 1936 $34 40% Tax hikes renewed depression 1937 $36 39% Third New Deal 1938 $37 42% Dust Bowl ended 1939 $40 51% Depression ended 1940 $43 49% FDR increased spending and raised taxes 1941 $49 44% U.S. entered WWII 1942 $72 48% Defense tripled 1943 $137 70% 1944 $201 91% Bretton Woods 1945 $259 114% WWII ended 1946 $269 119% Truman's 1st term budgets and recession 1947 $258 103% Cold War 1948 $252 92% Recession 1949 $253 93% Recession 1950 $257 86% Korean War boosted growth and debt 1951 $255 74% 1952 $259 71% 1953 $266 68% Recession when war ended 1954 $271 69% Eisenhower's budgets and Recession 1955 $274 64% 1956 $273 61% 1957 $271 57% Recession 1958 $276 58% Eisenhower's 2nd term and recession 1959 $285 55% Fed raised rates 1960 $286 54% Recession 1961 $289 52% Bay of Pigs 1962 $298 50% JFK budgets and Cuban missile crisis 1963 $306 48% U.S. aids Vietnam, JFK killed 1964 $312 46% LBJ's budgets and war on poverty 1965 $317 43% U.S. entered Vietnam War 1966 $320 40% 1967 $326 40% 1968 $348 39% 1969 $354 36% Nixon took office 1970 $371 35% Recession 1971 $398 35% Wage-price controls 1972 $427 34% Stagflation 1973 $458 33% Nixon ended gold standard and OPEC oil embargo 1974 $475 31% Watergate and budget process created 1975 $533 32% Vietnam War ended 1976 $620 33% Stagflation 1977 $699 34% Stagflation 1978 $772 33% Carter budgets and recession 1979 $827 32% 1980 $908 32% Volcker raised fed rate to 20% 1981 $998 31% Reagan tax cut 1982 $1,142 34% Reagan increased spending 1983 $1,377 37% Jobless rate 10.8% 1984 $1,572 38% Increased defense spending 1985 $1,823 41% 1986 $2,125 46% Reagan lowered taxes 1987 $2,350 48% Market crash 1988 $2,602 50% Fed raised rates 1989 $2,857 51% S&L Crisis 1990 $3,233 54% First Iraq War 1991 $3,665 58% Recession 1992 $4,065 61% 1993 $4,411 63% Omnibus Budget Act 1994 $4,693 64% Clinton budgets 1995 $4,974 64% 1996 $5,225 64% Welfare reform 1997 $5,413 63% 1998 $5,526 60% LTCM crisis and recession 1999 $5,656 58% Glass-Steagall repealed 2000 $5,674 55% Budget surplus 2001 $5,807 55% 9/11 attacks and EGTRRA 2002 $6,228 57% War on Terror 2003 $6,783 59% JGTRRA and Iraq War 2004 $7,379 60% Iraq War 2005 $7,933 61% Bankruptcy Act and Hurricane Katrina. 2006 $8,507 61% Bernanke chaired Fed 2007 $9,008 62% Bank crisis 2008 $10,025 68% Bank bailout and QE 2009 $11,910 82% Bailout cost $250B ARRA added $242B 2010 $13,562 90% ARRA added $400B, payroll tax holiday ended, Obama Tax cuts, ACA, Simpson-Bowles 2011 $14,790 95% Debt crisis, recession and tax cuts reduced revenue 2012 $16,066 99% Fiscal cliff 2013 $16,738 99% Sequester, government shutdown 2014 $17,824 101% QE ended, debt ceiling crisis 2015 $18,151 100% Oil prices fell 2016 $19,573 105% Brexit 2017 $20,245 104% Congress raised the debt ceiling 2018 $21,516 105% Trump tax cuts 2019 $22,719 107% Trade wars 2020 $27,748 129% COVID-19 and 2020 recession 2021 $29,617 124% COVID-19 and American Rescue Plan Act 2022 $30,824 123% Inflation Reduction Act and student loan forgiveness
Is the bolded a viable defense for a Conservative/Republican candidate? Trump SHOULDN'T have spent in line with Obama....it should have been less.