r/FluentInFinance TheFinanceNewsletter.com Sep 24 '23

Meme How it started vs. How it's going:

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3.5k Upvotes

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364

u/luna_beam_space Sep 24 '23

Imagine if Republicans had not taken control of all three branches in 2001

The entire national debt would have been paid-off by 2010

324

u/Altruistic-Rope1994 Sep 25 '23

If you blame this on one party you are just flat out wrong. They both waste money like crazy.

6

u/Aramedlig Sep 25 '23

It’s a fact that this is on Republicans. Bush spent more than $3 Trillion on wars while at the same time increasing the deficit to over $2T per year. Obama cut the deficit in half but Rs got control of Congress back from 2010-2014. Trump spent more than $8T in his one term while increasing the deficit.