Trump: You Grow Yourself out of Debt !
(Meaning: Inflate your way out of debt by running the economy hot & Financial Repression while eroding Purchasing power of American Middle Class and creating an asset bubble) pic.twitter.com/9MmDZGMJVM
— Navroop Singh (@TheNavroopSingh) October 3, 2025
So we bailed out Argentina to save Bessent’s friend & they turn around and buy Chinese soybeans, then we bailout our own farmers to the tune of $14bn and it’s completely swept under the rug
— Don Johnson (@DonMiami3) October 4, 2025
In an interview with One America News on Thursday, Trump pointed to his “Big, Beautiful Bill” that locks in and expands tax cuts from his first term while adding new deductions on tips, overtime pay, and Social Security income for seniors. Combined with his latest round of tariffs, Trump argued, the package will deliver both “record growth” and an unprecedented fiscal windfall.
“We are becoming a country that is so rich, so powerful,” he said. “With the kind of growth we have now, the debt is very low relatively speaking. You grow yourself out of that debt.”
Real GDP rose at a solid 3.8% annualized pace in Q2 2025, but the debt picture isn’t “very low.” Gross federal debt still sits around $37.4 trillion, and the debt-to-GDP ratio is about 100% for 2025, according to Treasury and CBO-linked dashboards.
Tariff receipts are up sharply this year, but estimates show roughly $165 billion by August and about $300 billion on an annualized basis, far short of the trillion needed for paying down the debt.
On top of that, Trump also suggested the government could use tariff revenue to send Americans “distributions” of up to $2,000, which would go into consumers’ pockets instead of helping to offset budget deficits.
But Dalio, who has studied dozens of major debt cycles, wrote in his 2018 book Principles for Navigating Big Debt Crises that during booms, “lending supports spending and investment, which in turn supports incomes and asset prices,” temporarily pushing growth “above the consistent productivity growth of the economy.” But that can’t last, he warned — “eventually income will fall below the cost of the loans.”
https://www.aol.com/finance/trump-says-u-grow-way-100300111.html
h/t Emeraldlight