so, I'm not sure if you are aware of this or not, but the way money is created in america -and nearly every other country on earth- is through credit. in other words, when banks make loans, money is created simultaneously. also, gdp is measured in usd. and so in other words, in order for gdp to increase, more money needs to be created, which means that more credit needs to be created. when you criticize trump for building an economy with debt or whatever you said, you expose yourself as having absolutely no business writing about the economy.
oh - and by the way, obama had the very first trillion dollar deficit. I believe he may have been into his second term by the time the budget deficit was < 1 trillion. so, obama was creating lots of credit too.
so, I'm not sure if you are aware of this or not, but the way money is created in america -and nearly every other country on earth- is through credit. in other words, when banks make loans, money is created simultaneously. also, gdp is measured in usd. and so in other words, in order for gdp to increase, more money needs to be created, which means that more credit needs to be created. when you criticize trump for building an economy with debt or whatever you said, you expose yourself as having absolutely no business writing about the economy.
oh - and by the way, obama had the very first trillion dollar deficit. I believe he may have been into his second term by the time the budget deficit was < 1 trillion. so, obama was creating lots of credit too.