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Bullboard - Stock Discussion Forum Trump Media & Technology Group Corp DJT

Trump Media & Technology Group Corp. (TMTG) is a social media and technology-focused company. The Company's product, Truth Social, is a social media platform where any user can create content, follow other users and engage in an open global conversation. The Company does not restrict whom a user can follow. Additionally, users can be followed by other users without requiring a reciprocal... see more

NDAQ:DJT - Post Discussion

Trump Media & Technology Group Corp > US NATIONAL DEBT SET TO HIT $36 TRILLION
View:
Post by long342 on Nov 05, 2024 1:22pm

US NATIONAL DEBT SET TO HIT $36 TRILLION

and  Gross Dometic Product is  only $29 Trillion.   USA IS  BANKRUPT and it will tale a BUSINESS MAN TO GET IT OUT OF DEBT or hopefully just balance the budjet.   DEMOCRATS  under HARRIS will  ONLY SPEND  SPEND.SPEND so 4 more years will be HELL just like the last 4...   INFLATION  INFLATION INFLATION.  .....    ARMED FORCES WILL NOT  FOLLOW A WOMAN WHO HAS NO BALLS.
Comment by dart321 on Nov 05, 2024 1:30pm
Yup and trump added 8.3 trillion to that debt in just 4 years almost 4 times as much as anyother prez in history. Oh and by the way his tariffs will add another 6.9 trillion to the debt if he is elected because of the massive job losses and cause rampit inflation. I see you hate women as much as trump.
Comment by AndrewWiggin on Nov 05, 2024 2:10pm
So you're saying Biden has only added 2 trillion in debt over the course of his presidency?
Comment by dart321 on Nov 05, 2024 2:25pm
1.7 trillion. When you look a debt you have to look at the big pic. Under biden the economy grew with over 18 million added jobs which in turn adds to the tax coffers of the gov from their wages to taxes on the good they by and taxes from the corps selling those goods which created a net positive to the economy of over 6 trillion dollars. Hence you see a stong economy with dropping inflation ...more  
Comment by AndrewWiggin on Nov 05, 2024 2:36pm
Independent sources say Trump added $6.7 trillion and Biden added $4.7 trillion in his first 3 years so when you factor in the current year it's probably pretty close.   In my opinion, they have both been epic failures.
Comment by BlackBear22 on Nov 05, 2024 2:43pm
Agreed, no points to be gained neither side.
Comment by BlackBear22 on Nov 05, 2024 2:36pm
President Trump approved $8.4 trillion of new ten-year borrowing during his full term in office, or $4.8 trillion excluding the CARES Act and other COVID relief. President Biden, in his first three years and five months in office, approved $4.3 trillion of new ten-year borrowing, or $2.2 trillion excluding the American Rescue Plan.
Comment by dart321 on Nov 05, 2024 2:47pm
Correct BB your spot on with raw numbers but the economic pic is what the money people look at. They look at the net positive or the net negative of each admin and the ability to pay based on this present looking tool. There is no comparision between admins not only with biden but all admins back over 60 years. It shows the republican admins have all been completed with large negatives and all the ...more  
Comment by BlackBear22 on Nov 05, 2024 2:47pm
That's not how it works Long. Many people have much greater debt (motgage) than they earn but they are not bankrupt. You are bankrupt when you can no longer service that debt.