The debt went from 4to 8 trillion under Bush. In an 08 campaign speech, Obama called that “criminal “. During Obama’s eight years in office it went from 8 to 20+ trillion.
https://www.forbes.com/sites/chuckj...deficits-are-racing-past-obamas/#4ee332a54819
Note the date of this article. So this is not accounting for the coronavirus. But if Obama is somehow responsible for the great recession we were in when he took over then trump certainly has to own the coronavirus that occurred on his watch. His deficits are going to be massive,.
President Obama entered office in early 2009 in the teeth of the Great Recession. Not surprisingly, the deficit exploded from $459 billion in calendar 2008 to over $1.4 trillion in calendar 2009. As the economy recovered the deficits shrank to a low of $442 billion in 2015 and was $585 billion his last year in office.
President Trump on the other hand was handed an economy that was growing. In 2017, his first year in office the deficit grew to $666 billion, was $984 billion last year and is projected to be over $1 trillion in 2020 at $1.02 trillion. This would be a 74% increase in just four years and going forward the Federal deficit could escalate to $1.7 trillion in 2030.
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