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Political Factoid
Debt, debt, who had the debt?
| 1990-2008
| The nation's homeowners
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| 2008
| The nation's banks
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| 2008-2009
| The nation's government
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Starting in 2010, the national debt continued to climb,
particularly with the Tea Party driven cuts to
tax-revenues, and it exploded in 2018 due to the
massive Republican tax cuts for wealthy people and
corporations, signed by President Donald Trump
at the end of 2017.
Meanwhile, the nation's students (and their parents)
amassed a staggering amount of student loan debt.
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