This is a partially a disingenuous observation, partially a flat-out lie. Biden was stuck cleaning up the pandemic mess and in a recession when he took office. Furthermore, the National Debt did NOT expand by $4 trillion in Biden’s first two years, it was about $1.5 trillion. Trump’s four years, due to tax cuts and COVID, expanded the National Debt by more than $8 trillion, mostly due to tax cuts for the wealthy and his trade wars. [Source]
See Also:
- Donald Trump Built a National Debt So Big (Even Before the Pandemic) That It’ll Weigh Down the Economy For Years
- Trump added twice as much to the national debt as Biden: Analysis
- Trump ran up national debt twice as much as Biden: new analysis
- Tax Cuts Are Primarily Responsible for the Increasing Debt Ratio
The president who added the most to the National Debt by percentage? FDR (Franklin Delano Roosevelt.) This was due to the Great Depression and the New Deal. After that, Wilson, Reagan, Bush Sr., and Obama, although it’s worthy of note that while Obama and Trump both added about $8 trillion to the National Debt, Trump only took four years to do it, not eight. [Source]
Full contextual analysis of Section 4.2: Department of the Treasury here.