Donald Trump’s Imaginary History of the National Debt

Politics • Views: 22,220

The President of the United States is frighteningly disconnected from reality, and appears to be conducting a series of reckless trade wars based on hallucinations.

It takes only a minute of simple research to find out that this entire tweet is wrong, even the words “and” and “the.”

In reality, the United States has carried a national debt since its very first days as a country, except for one year, 1835, when Andrew Jackson paid the entire debt by selling off massive amounts of Western land and vetoing public infrastructure projects like a national highway system. By January 1836, the US was carrying a debt again and it has never gone away.

President Eisenhower paid for the Federal-Aid Highway Act of 1956 without increasing the debt by imposing gas and vehicle taxes, but in that year the national debt stood at $273 billion.

And just to top off this Trumpist layer cake of fantasy history, it should also be noted that Trump’s enormous tax cuts for the super-rich have added more than two trillion dollars to the national debt. That’s “trillion” with a T, as in Trump.

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