The National Debt is set to reach $27.8 trillion by the end of 2020. That debt level is a number is beyond what most us can conceive. Here’s a simpler explanation. In mid-November, each pers. who lives n America owes $83,305.
Through time, National Debt has continued to climb, from President to President, as a result of decision making and events that have fallen both within and outside of the White House’s control…
Trump was accumulating plenty of debt before Covid 19 came along. His administration’s spending post-Covid 19 is off the charts.
- Until the COVID-19 Pandemic Lockdown (03/16/20), Donald Trump had increased debts by 16.08%. That’s considerably less than Barack Obama (69.98%) and George W. Bush (105.08%)
- Since ‘lockdown’ began, Trump has increased US national debt by a further 15.11% in just 7 months, an increase of $3.6 trillion.
- Daily national debt during Trump’s Presidency has increased from $2.861 billion pre-lockdown (01/02/2017 – 03/16/20) per day to $16.366 billion since. A 472% increase in the rate of daily debt.
See full article “U.S. Debt by President” – Self.inc
Source for top graphic: Peter S. Peterson Foundation