The US debt illustrated in two different ways

The time line one per also gives some pointers to why the debt rose (unlike the debt per president which conveniently glosses over which factors caused it to rise)

https://www.us-debt-clock.com/debt-history

The next one, per president gives less details other than whoever was the incumbent that term and which party had the presidency (no explanation for why money was needed, like Reagans tax break for the rich or Covid etc.)
https://www.us-debt-clock.com/presidents

40 minutes ago, rjshae said:

Sure, sure. Republicans are just far more hypocritical about it, running on balancing the budget when they're out of power, then running up the debt when they have control.

They are also cutting programs that help people while ratcheting up the budget for ICE and the military. Lets cut medicaid, but at least we have the resources to deport people who overstay their visas. 🙄

Looks like Canada is going to get shafted with the trade deal, certainly the auto industry here is going to get mauled.

I guess if it is going to die, we should let China in, maybe that can gut the Americans some.

Edited yesterday at 04:06 PM1 day by Malcador

Funny thing about economically right wing political parties: they're almost always worse than the left for running up debt.

Mostly because they've collectively gone for a approach which has quite literally never worked once in 'austerity' and all the phrases they desperately use to try and avoid saying 'austerity' now that it's tainted. What you get is always a variant of stagflation, with increased debt. The belief that you can cut your way to growth is basically religious- and like a lot of wacky religions, predicated more on capital B Belief that This Is How Things Should Work than anything objective.

Most of the left wing parties are still basically Keynesian- spend out of recession, pay down debt in good times. Which is basic common sense really, when you've got debt at governmental interest rates. And so long as you do pay the debt down in the good times. Right wing ones stifle growth by cutting then use the dead cat bounce to justify tax cuts for themselves. They never actually pay down the debt as any surplus has to be 'returned to the people'. Or their large donors.

Cut jobs--> take money out of the actual economy where people go to restaurants, see movies etc--> be surprised when nobody has any money to spend and all those businesses go bust and their employees can't spend --> things get worse. But hey, have you seen the numbers on the sharemarket?

(Same thing will happen with AI, all those enthusiastic politicians getting bungs from lobbyists to promote that snake oil will be amazed when the economic benefits don't eventuate. Or, at least, 'amazed')

canada doesn't have much choice

not like they can paddle themself closer to europe

the military budget are funny

somehow usa spend 500 million to make ww1 artillery shell

and failed

there is really no recovery from this level of bloat and incompetence

So apparently everything fell apart at the last minute, Nutlick got involved at the end as well, so..

Carney's statement - https://www.pm.gc.ca/en/news/statements/2026/08/21/statement-prime-minister-carney-canada-us-trade-negotiations

Edited 14 hours ago14 hr by Malcador

15 hours ago, rjshae said:

Sure, sure. Republicans are just far more hypocritical about it, running on balancing the budget when they're out of power, then running up the debt when they have control.

Yes, Republicans are suppose to be the fiscally conservative party. But under Trump that definition has vanished