| − | [[File:Debt per GDP USA picture.jpg|270px|right|thumb|Under President [[Obama]], the National debt surpassed 106% of [[Gross Domestic Product]] ([[GDP]]). Under President Trump, the U.S. Government sent hundreds of billions to private citizens to ensure the economy would not suffer the shutdown costs of losing momentum during the lockdowns prescribed by epidemiologists for the global Wuhan Virus pandemic. By September 2020, the unemployment rate had recovered to no worse than the level during the Obama/Biden Administration in September 2012. The [[Greece|Greek]] Debt Crisis of 2010 was precipitated when Greek debt reached 115% of GDP, but in the form of non-fiscal-related emergency measures it now takes, today's jump in debt ratio has little effect on U.S. Government creditworthiness.<ref>United States Congress, Congressional Budget Office (July 27, 2010). [https://www.cbo.gov/ftpdocs/116xx/doc11659/07-27_Debt_FiscalCrisis_Brief.pdf "Federal Debt and the Risk of a Fiscal Crisis"]. [https://www.cbo.gov www.cbo.gov]</ref>]] | + | [[File:Debt per GDP USA picture.jpg|270px|right|thumb|Under President [[Obama]], the National debt surpassed 106% of [[Gross Domestic Product]] ([[GDP]]). Under President Trump, the U.S. Government sent hundreds of billions to private citizens to ensure the economy would not suffer the shutdown costs of losing momentum during the lockdowns prescribed by epidemiologists for the global Wuhan Virus pandemic. By September 2020, the unemployment rate had recovered to no worse than the level during the Obama/Biden Administration in September 2012, and the Congressional Budget Office called the measure successful. The [[Greece|Greek]] Debt Crisis of 2010 was precipitated when Greek debt reached 115% of GDP, but in the form of non-fiscal-related emergency measures it now takes, today's jump in debt ratio has little effect on U.S. Government creditworthiness.<ref>United States Congress, Congressional Budget Office (July 27, 2010). [https://www.cbo.gov/ftpdocs/116xx/doc11659/07-27_Debt_FiscalCrisis_Brief.pdf "Federal Debt and the Risk of a Fiscal Crisis"]. [https://www.cbo.gov www.cbo.gov]</ref>]] |