What were some specific problems caused by this spending? Seemed to work quite well.

Up until our international image was destroyed two months ago, we were in a privileged position allowing deficit spending while the rest of the world absorbed the negatives.

Trump certainly doesn't have a solution, but I'm also not convinced he has correctly identified a problem. Nation-state debt from the country whose currency is the de-facto international standard for the world, is categorically different than your mortgage or your credit card debt.

What on earth? Trump and other republicans are famous for increasing government spending while decreasing revenue, that's, like, their whole thing, isn't that why people vote for them?