re: Credit card debt up more than 50% in 2023, Bidenomics working

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In regards to the national debt, blame could be laid at Obama‘s, trumps and Biden‘s feet, and probably at the feet of the next president as well

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National Debt was manageable until Reagan. He spent massive amounts on the Cold War and funding rebels across South America - same time as he cut taxes in half and essentially eliminated federal income from the top 1% of earners. He justified it buy saying the we would reap the benefits of a global economy and eventually pay off the debt. He envisioned us as the defenders of democracy, and other countries would pay us in tributes for that protection. Also he envisioned an open western hemisphere with free trade and cheap migrant labor. The crap we buy from China - he wanted those factories all south of the border and under our ownership. Now the party of Reagan is against all of that.

Every president since we continue to put money on the card because we cant manage the interest and we refuse to raise taxes to pay it off.

Clinton is the only president in the last 50 years to put a dent in the debt. One year he managed a slight decline by selling off US military assets.