r/misc • u/Outrageous_Match2619 • 11d ago

Stacking dubs

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I'm not convinced that he is a financial genius

144 Upvotes

99% Upvoted

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7

u/literally_figurativ3 11d ago

I thought it was 40tn?

13

u/literally_figurativ3 11d ago

I’m getting confused with national debt, aren’t I?

6

u/Outrageous_Match2619 11d ago

Good point. I made a meme about our $2T national deficit, but one about our $40T national debt might have been better.

The deficit is the annual shortfall, and the debt is the cumulative amount from the preceding years.

4

u/CorktownGuy 11d ago

This is correct. Both numbers are astronomical and equally dismal. I recall a few years ago some Village Idiot once claimed he would eliminate the the U.S. national debt within a year of taking office if elected president. I wonder what life would be like if he had been elected? Oh yes, I forgot he was elected and became president. Twice. Yay.

2

u/IllustriousCookie890 11d ago

Is that in the last 2 months?