
Originally Posted by
scott
The United States has spent 0.35% of it's GDP from 2022-24 on the Ukraine War.
FYE 2016 before Trump took office, the US Budget Deficit was 3.13% of GDP.
FYE 2020 before Trump left office, the US Budget Deficit was 14.71% of GDP, and had increased every since year he was in office.
FYE 2023, the US Budget Deficit had reduced back down to 6.28% of GDP.
This is not a new trend.
Reagan inherited a 2.64% deficit relative to GDP, left 3.01% (after blowing it up 5% from 1983-1986).
Bush I inherited 3.01%, left 4.52%.
Clinton inherited 4.52%, left with a 2.33% SURPLUS.
Bush I inherited a 2.33% Surplus, left a 9.76% deficit.
Obama inherited a 9.76% deficit, left with a 3.13% deficit.
Trump inherited 3.13%, left with 14.71% deficit.
If you want to talk strictly expenditures:
2016, the year before Trump took office, Gov Spending was 20.48% of GDP
2020, the last year Trump was in office: Gov Spending was 30.69% of GDP
2023, the last year of available data: Gov Spending was 22.13% of GDP
These facts are all available for free on the internet.