Trash the reporter: Donald Trump鈥檚 fans lambaste Yahoo Finance

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How much is $19 trillion?It鈥檚 obviously a lot. But is it enough to sink the U.S. economy, or just hold it back a little?Donald Trump thinks the national debt — $19.2 trillion and climbing鈥攊s so large it has transformed the United States from a wealthy nation into a 鈥減oor鈥 one. In a recent story, I took issue with Trump鈥檚 characterization of America as poor, pointing out that we enjoy the highest disposable income, on average, among advanced nations. The U.S. still spends an enormous amount on defense and other things, and is borrowing money, for the moment, at the enviable interest rate of 1.9%.Trump supporters don鈥檛 buy any of it. 鈥淣ewman is a clown,鈥 wrote one reader, striking a tone similar to many others. 鈥淚f a family is in debt, does it matter if they make money? Poor.鈥漎ou can hear more people trashing the reporter in the video above. I could argue with the logic, since being in debt isn鈥檛 the same as being poor or broke. Trump himself has often taken on debt as part of his business deals, and four of his properties have declared bankruptcy since 1991 because they couldn鈥檛 pay back their debt. Come to think of it, Trump may know exactly what he鈥檚 talking about.Rick Newman鈥檚 latest book is Liberty for All: A Manifesto for Reclaiming Financial and Political Freedom. Follow him on Twitter: @rickjnewman.Personal Finance – Career & EducationPersonal Finance – LifestyleDonald Trump

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