As far the national debit just wait it will go up more instead coming down. It been a long time the last president had us in the black with us paying down the debit and he was a peanut farmer. But as soon as the next president got in we went right back into the red.
Please folks, let's at least get this right. The peanut farmer was Carter, and while he tried to balance the budget he never did. The actual last time that the budget was balanced and the debt declined was......
wait for it.....
Clinton,
with the help of a split Republican and Democratic Congress.
Yeah, the guy the right wing hated at the time.
Then Bush II enacted huge tax cuts and spending increases post 9-11.
And the debt growth rate actually slowed under Obama... increased under Trump, and decreased only in the last year or so....
My prediction is that Trump will move quickly to increase tariffs, decrease taxes on the rich (again), and explore cuts to Social Security, Medicaid, Medicare, and other health care spending. It will take a year for other nations to also increase tariffs, or worse. What will this do to the economy? Nothing good. By 2028 we will either be awash in inflation, or an economic crash as world trade collapses. The Democrats will take the House, Senate and Presidency in 2028, if elections are still a thing.
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