Biden’s economy is in free fall. It’s as if he wants to destroy the US economy.
A couple of days ago we reported on inflation in the US reaching 40-year highs.
At Thanksgiving, we reported on sales being way down for the first time ever.
BIDEN ECONOMY: Black Friday Sales Down 28% – Cyber Monday Sales Down (1.4%) for First Time Ever
The list goes on and on.
Look Out! Biden’s Economy is Setting Records with Some of the Worst Results Ever Seen in US History
Today we can add the US Deficit to the list. Under Biden, the US debt surpassed $30 Trillion for the first time ever.
The last President to lower the deficit was President Trump in his first year in office. But the Fed kept raising rates which eventually made it impossible to pay off the debt as more money went towards interest. Now the Fed has rates back at zero percent which is the preferred rate for Democrats when in office. If the rates were any higher, Biden would have increased the debt sooner.
What a nightmare a stolen election makes.
The post BIDEN ECONOMY: US Debt Surpasses the $30 Trillion Mark for the First Time in History appeared first on The Gateway Pundit.
