this post was submitted on 01 May 2026
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It hit 100% in 2012 under Obama after post 2008 spending spree. It went up way more than under Trump COVID spending spree.
Edit: The only exception since 90s was Clinton administration
Spending spree, and all we got was:
Economic Recovery (Stimulus): The primary focus was the American Recovery and Reinvestment Act (2009), which aimed to boost the economy through infrastructure investment, job creation, and tax cuts.
Healthcare Reform: The passage of the Affordable Care Act (ACA) (2010) was a signature priority, designed to increase health insurance coverage.
Energy and Environment: Significant investments were made in clean energy, renewable energy, and energy efficiency programs, including the "smart grid".
Education: Funding was prioritized for education reforms, including student aid reform and bolstering K-12 education.
Infrastructure and Manufacturing: Initiatives like the Transportation Investment Generating Economic Recovery (TIGER) program focused on infrastructure, alongside tax incentives for domestic manufacturing.
Middle-Class Tax Relief: The administration enacted various tax breaks for small businesses, veterans, and workers to strengthen the middle class.
And the price was the future...
Absolute nonsense. Government debt has little real-world impact on future outcomes, at any level. The deliberate plundering and rigging, however ...
Yeah sure. Tell that to Greeks circa around 2013. Funny how that turned out for them
"Greece faced a sovereign debt crisis in the aftermath of the 2008 financial crisis. Widely known in the country as The Crisis (Greek: Η Κρίση, romanized: I Krísi), it led to impoverishment and loss of income and property, and forced the government to carry out a series of sudden reforms and austerity measures.[5][6] In all, the Greek economy suffered the longest recession of any advanced mixed economy to date and became the first developed country whose stock market was downgraded to that of an emerging market in 2013"
https://en.wikipedia.org/wiki/Greek_government-debt_crisis
Thanks for proving the point that there was never any debt crisis in the United States
You’re naming the presidents when these happened, and we can tie that to the crises being addressed — Obama and GFC, Trump and COVID. What about now?
Also, let’s just say since 2012. Because the 90s don’t count in this; Clinton ran budget surpluses
Should I remind you who spent 700 BILLION DOLLARS on bailing out banks? Do you know how much money is this? Whole artemis project is like 100 billion so far. For 700B you could send people to mars back and forth and you'd still have a spare change after.
What about now? There's always some shit going on to justify spending beyond the means.
I have prognosis: The debt will be ballooning out of control no matter the president democrat or republican until it reaches like 200-300% of GDP in 10-20y and then some random event causes whole thing to implode in global crisis that'll make great depression look like a child's play.
Congress authorized $700 billion for TARP, signed into law by GWB in 2008. In 2010, Obama signed Dodd-Frank, which mainly introduced banking regulation meant to prevent a future crisis but also reduced the amount of money authorized to $475 billion. Four years later, the Treasury sold its last TARP assets, booking a $15.3 billion surplus over the lifetime of the program.
https://en.wikipedia.org/wiki/Troubled_Asset_Relief_Program
Much of the bank bailout actually made the treasury a profit. It was paid back.
Yes, it's a significant chunk of how much we throw at the military every single year.