Trump’s $1 Trillion Deficits Are Just As Harmful As Obama’s

If you hear leftists tell it, Obama’s $1 trillion deficits helped the economy while Trump’s are hurting it. If you hear righties tell it, Trump’s $1 trillion deficits helped the economy while Obama’s hurt it. In truth, both narcissists’ trillion dollar deficits have aided and increased the likelihood of a global economic collapse.

The fact of the matter is, the interest rate doesn’t care what the borrowed money was spent on, only that it gets paid back in a larger amount than what was borrowed, and with interest rates slowly creeping upward, the strain on the economy is only compounding.

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