Christian Mango is 10 years old. In April, his fourth-grade teacher at Canterbury School in Greensboro, North Carolina, gave the class an assignment. Write a ... Read More
Here, I’ll invite you to read this document published on house.gov specifically on trumps impact to the national debt throughout America’s history. It is not a “slam piece” on it’s own, he does it to himself with facts and figures which is what this article gives.
I searched for “inflation”, “nominal” and “adjusted” and didn’t find anything relevant.
I believe that the $37 trillion dollars is the total debt whenever that graphic was made, and the $12.5T is the debt increase from Trump’s first term, plus so far in his second term. That means you’re comparing Trump’s debt (issued in 2016 or later dollars) to, for example, Roosevelt’s debt (issued in 1940s dollars).
The article you link seems perfectly factual and correctly identifies that debt to GDP is more important than nominal debt. Which is why you shouldn’t be using a comparison of nominal debt increases to criticise Trump.
It’s relative to the economy. The comparison is the fact that he spends frivolously when other presidents who contributed largely to the debt did so during crises. Trump CREATES crises all on his own. He campaigns on lowering debt, but does quite the opposite ten fold. So yeah, it is perfectly within the realm to criticize and compare him with all other presidents all things considering. The pie represents his failures in the simplistic of forms.
What measure of “the economy”? The usual measure is GDP, measured in dollars, so the number is a dimensionless ratio, not a dollar amount.
The fact that you aren’t telling me how this number was arrived at, or giving any precise answers at all, is answer enough: it’s not “adjusted” to anything. You made that up and are continuing to talk shit.
This is dumb as bricks. Inflation means that the most recent government will always have an outsized contribution to any national debt.
Don’t post it just because it dumps on Trump
(And I guess I have to say I too hate trump because otherwise everyone will conclude I’m defending him somehow)
This is adjusted to inflation.
Oh yeah, what are the unadjusted numbers then?
Here, I’ll invite you to read this document published on house.gov specifically on trumps impact to the national debt throughout America’s history. It is not a “slam piece” on it’s own, he does it to himself with facts and figures which is what this article gives.
I searched for “inflation”, “nominal” and “adjusted” and didn’t find anything relevant.
I believe that the $37 trillion dollars is the total debt whenever that graphic was made, and the $12.5T is the debt increase from Trump’s first term, plus so far in his second term. That means you’re comparing Trump’s debt (issued in 2016 or later dollars) to, for example, Roosevelt’s debt (issued in 1940s dollars).
The article you link seems perfectly factual and correctly identifies that debt to GDP is more important than nominal debt. Which is why you shouldn’t be using a comparison of nominal debt increases to criticise Trump.
It’s relative to the economy. The comparison is the fact that he spends frivolously when other presidents who contributed largely to the debt did so during crises. Trump CREATES crises all on his own. He campaigns on lowering debt, but does quite the opposite ten fold. So yeah, it is perfectly within the realm to criticize and compare him with all other presidents all things considering. The pie represents his failures in the simplistic of forms.
What measure of “the economy”? The usual measure is GDP, measured in dollars, so the number is a dimensionless ratio, not a dollar amount.
The fact that you aren’t telling me how this number was arrived at, or giving any precise answers at all, is answer enough: it’s not “adjusted” to anything. You made that up and are continuing to talk shit.