The national debt in 1994 was 4 trillion, not 37 trillion. Just to inform all the economic experts in this thread who pretend they know better, if you spent 1 million dollars a day every single day, non-stop, it would take 2,739 YEARS to spend just ONE trillion. Imagine what you could do in your neighborhood, community, town if you had 1 million dollars every single day to spend. Everyone street would be like new, no potholes anywhere. Everyone's houses fixed up. Everyone's cars fixed and in top shape. And after you've done all that, tomorrow you have another million to spend.
When you consider how much money the political establishment in D.C. has gone through, and we have NONE of those things fixed up, it's clear something drastic needed to be done, and that's why things are happening the way they are. Not only can we not continue increasing the debt the way they were, but we need to reduce it. The interest we're paying alone is staggering. The emergency measures that are being taken are necessary to avoid a complete collapse of the dollar, and get us back on solid ground financially. There's going to be some pain along the way, but it has to be done.
There are a lot of opinions in this thread and not a whole lot of understanding; though some do. Tariffs are a negotiating ploy. We have already received pledges of 3 Trillion dollars worth of manufacturing and investment dollars in the country in just the last 45 days as a result. There are no tariffs if companies build here. In less than 6 months things are going to be a whole lot different economically, and in a good way; people just need to be patient and not smash the Chicken Little panic button because they've bought into the media click-bait-drama narratives.