(11-16-2024, 10:24 PM)copycat Wrote:

(11-16-2024, 09:29 PM)mikesez Wrote: It is debt as share of GDP. 
Revenue as share of GDP went down after Trump's tax cuts even though revenue in absolute dollars went up. Spending as share of GDP went up as predicted due to the continuing aging of our population. Therefore debt as share of GDP went up significantly after Trump's tax cuts.

Sounds like voodoo economics.  1.  Did the amount of money stol…err collected from the US taxpayers go up or down?  2. Did the amount of money the government spend go up or down?   Sometimes the answers are quite simple.

Lol.
The number of dollars collected went up, but not as much as it would have without the tax cut.
The number of dollars spent went up, exactly as much as it was scheduled to, due to the aging population.
It doesn't make sense to blame the President or the Congress who were in charge at the time for the decades long problem of baby boomers getting older. 
But it does make sense to blame (or credit) them for tax changes they freely chose to make.

---