U.S. hits $38 trillion in debt, after the fastest accumulation of $1 trillion outside of the pandemic
This rapid debt accumulation is the fastest outside of the COVID-19 pandemic, with the debt having reached $37 trillion in August.
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BuT rEpuBliCaNs R BetR Fur ThE ecONomY!
You'd have to go back to the 1800s for that to even have a chance at being slightly true.
Eisenhower was a Republican and he used social programs to build the US interstate highway system and the infrastructure necessary for the predecessor to our modern airport infrastructure and space program.
The highest top marginal tax rate during Dwight D. Eisenhower's presidency (1953-1961) was 91%, which applied to the highest income bracket. (Note: In 1952 and 1953, the top rate was 92%, dropping to 91% for 1954–1963.)
I think that time period is about the one they're shooting for to take us back to.
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