Biden Warns Of 'Exploding National Debt' If Trump's 'MAGA Extremists' Win Again


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


President Joe Biden took to X (formerly Twitter), warning against the potential repercussions of a return to Trump-era policies and their impact on the national debt and social security.

What Happened: In his tweet, Biden expressed concerns over the direction the country could take if Trump and his supporters were to regain power. He highlighted the potential for an increase in the national debt, threats to social security and medicare, and the possibility of a nationwide ban on a woman’s right to choose.

Meanwhile in realityville:

The debt has gone from $27.7 Trillion to $34 Trillion under your admin.

Trump never touched social security or Medicare in his first term, and repeatedly says he would not.

Trump, just yesterday, said he supports exceptions and leaving it up to the…

— Bad Hombre (@joma_gc) April 9, 2024

These comments come amidst a political climate where Biden and Trump are considered frontrunners for the 2024 presidential election.

See Also: Governor Greg Abbott Says ‘US Economy Is Doing So Well Is Because The Texas Economy Is Doing So Well’

Why It Matters: Biden’s concerns echo the sentiments expressed in his previous criticisms of Trump’s policies. He has been vocal about the impact of Trump’s ‘$2 trillion tax cut’ for the wealthy, which he claims added more to the national debt than any other president.

The national debt has indeed increased significantly, rising nearly $8.5 billion per day over the past year under Biden. Despite Biden’s assertion that the economy is ‘strong,’ half of the voters believe their financial situation is worsening, even as markets and employment hit record highs.

The potential impact of Trump’s deregulation versus Biden’s healthcare expansion also remains a topic of debate among investors.

Read Next: Biden Vs. Trump Matchup Shows Tight Race But New Poll Identifies Two Issues That Could Resolve The Deadlock


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20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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Posted In: NewsPoliticsGeneral2024 president electionDonald TrumpJoe BidenSudhanshu Singh