My fuzzy memory recalls Obammy increasing the National debt by more than all previous Presidents combined. So there is that as a reference point for you to rally around and compare.
Originally Posted by Why_Yes_I_Do
Obama took over the country in the middle of the worst economy since the Great Depression. Much money was spent getting the country to recover. And we recovered in a rather short period of time and the deficit in Obama's last year in office, 2016, was $585 billion In 2015, $442 billion.
Trump took over an economy in very solid shape and has run up a deficit, prior to the deficit which will be run up by the coronavirus, unmatched in such times.
Since 2017 was a transition year from the Obama economy to the Trump economy, I won't include that year. The others are owned by Trump.
2018 -- $779 billion
2019 -- $984 billion
2020 (estimated) -- $1083 billion
2021 (estimated) -- $966 billion
And those numbers for 2020 and 2021 do not include the deficit that will occur due to the coronavirus stimulus package.
There is your reference point.