Oh shoot. What did Biden do this time? Who’s constantly letting him sneak back into the White House to sign random stuff with the DJT signature?
It was the auto pen!
POV: Your narcissistic parent took out a loan with your identity and never paid it back. 🙃
Liz Truss’ing the US economy does seem like the best analogy
Well played. Unfortunately, this one won’t exit after a short time. We’re locked in for the full term.
James Comey has the solution
He knows how to use the seashells.
His name is Robert Paulson.
Thanks Obama!
No, we were downgraded from AAA to AA under W I think it was? It was all over the news at the time
There are three top credit rating agencies and this was the final one to downgrade the US. First one was under Obama in 2011 due to Republicans playing games with the debt ceiling. Then in 2023, but I’m not sure why. And now it’s due to continued brinkmanship, but I think primarily due to Trumps impact to current and future health of us.
i remember that, but it was just 1 of 3 major credit agencies at the time. now all 3 have downgraded the us.
Clearly this is because of Clinton. /s
To be fair, Trump didn’t (singlehandedly) cause the uncontrolled US debt - formet presidents did that too (as well as Trump im his first term)
Clinton and Obama actually balanced the budget, what Trump is doing is the exact opposite.
Trump is promising massive tax cuts, and has made bills to achieve that.
Clearly Trump is off the rails irresponsible. So why would you want to be fair to Trump?
Democrats have demonstrated that the debt CAN be controlled. Republicans just refuse to do so, but always make it worse.
Now Trump is a completely new level of unhinged. And the world is reacting accordingly.No, but trump (and his republican Toadies) did just singlehandedly shake the confidence the financial world has in us… Again.
Debt can be fine, as we’ve seen real presidents use debt and not drastically hurt the US credit rating. Having a demented and unpredictable sociopath controlling the financial system is a much bigger problem, considering he’s thrown out any pretense of normal behavior and is clearly just fucking with the stick market for personal gain.
Congress also holds a lot of the blame.
Obama’s economy!
Yeah to be fair the debt taking didn’t start under him. But for some strange reason, it didn’t really go this way under obama or biden… 🤔🤔🤔🤔
