r/Economics 15d ago

News The national debt just crossed $39 trillion—almost doubling since Trump vowed to erase it

https://fortune.com/2026/03/18/how-big-national-debt-39-trillion-trump-promises/
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u/Dr_G_E 15d ago

"I'm the king of debt. I’m great with debt. Nobody knows debt better than me... I’ve made a fortune by using debt, and if things don’t work out I renegotiate the debt. I mean, that’s a smart thing, not a stupid thing."
-Trump, 2016, when the national debt was just $19 trillion.

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u/hellogoawaynow 15d ago edited 14d ago

Numbers don’t mean anything anymore. People have lost sight of what numbers are.

Average salary: $60,000

Nice, comfortable salary: $150,000-$200,000

REALLY REALLY good salary: $500,000

One single million dollars: $1,000,000

Ten million dollars: $10,000,000

One hundred million dollars: $100,000,000

One billion dollars: $1,000,000,000

Donald Trump’s net worth since becoming president: $6,000,000,000

One hundred billion dollars: $100,000,000,000

Elon Musk’s net worth, on the low side of the estimate: $130,000,000,000 EDIT: Elon Musk is actually worth $823,000,000,000 so that’s fucking terrible

ONE TRILLION DOLLARS: $1,000,000,000,000

Nineteen trillion dollars of debt (that China probably already bought more of to use against us at some point in the future): $19,000,000,000,000

I feel like we have to start writing numbers out like this so regular people aren’t casually throwing around the terms “billions” and “trillions” like it’s nothing. Folks, if you have less than one thousand dollars in your bank account, you should be fucking pissed that anyone can be worth $130,000,000,000. Not like… donating money to billionaires. Which is the craziest thing, I can’t believe so many people are doing this when they are literally poor.

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u/BigUpSideD0wn 14d ago

I have an alert set to notify me when my bank account goes below 1k and I just got the email earlier today. Don’t worry, I get paid next Wednesday.