8 Aug 2023 9:03 am
I used to care awhile ago:
Debt breached $10 trillion in 2006 and then, in response to the Great Recession of 2006-2008 exceeded $15 trillion in 2010. Gross debt, including all levels of government, exceeded $20 trillion in 2014 and broke through $25 trillion in 2019.
Saw this morning that the Federal debt will increase $5 billion a day for the next decade. Since 2006, six years of a Republican President and twelve years with a Democrat President. Finger pointing at this point in time is a fools errand.
Get ready to pay more taxes!
Debt breached $10 trillion in 2006 and then, in response to the Great Recession of 2006-2008 exceeded $15 trillion in 2010. Gross debt, including all levels of government, exceeded $20 trillion in 2014 and broke through $25 trillion in 2019.
Saw this morning that the Federal debt will increase $5 billion a day for the next decade. Since 2006, six years of a Republican President and twelve years with a Democrat President. Finger pointing at this point in time is a fools errand.
Get ready to pay more taxes!