The Bill for Trumpism Comes Due

David Frum: “The budget deficit for the fiscal year that ended on September 30 is about $2 trillion, or about $160 billion more than in Joe Biden’s last complete year as president. Next year’s deficit is likely to be even bigger. When Trump spoke of eliminating the national debt, total debt stood at nearly $35 trillion. On the current trajectory, total debt could reach $45 trillion by 2028.”

“To put that another way: The U.S. debt reached $10 trillion for the first time during the financial crisis of 2008. That once seemed a crushing burden. Now an extra $10 trillion in debt is the cost of just four years of Trump’s fiscal recklessness.”