Amazing: US Debt Decreased by More Than $60 Billion Since Trump Inauguration

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The US debt reduced by more than $60 Billion since the Trump Inauguration!

On January 20th, the day of the Trump Inauguration, the US Debt stood at $19,947 billion. On March 8th, more than a month later, the US Debt load stood at $19,879 billion. Trump has cut the US Debt burden by $68 billion and 0.3% in since his inauguration!

By comparison, under President Obama, the US Debt burden increased by more than $320 billion after his inauguration through March 8th 2009. Obama increased the US Debt by 3.1% during this time period and signed the trillion dollar ‘Stimulus’ bill which is widely considered a colossal failure and waste of US tax dollars as well. The failed ‘Stimulus’ did not kick in till later in Obama’s first year leading to Obama’s first year deficit of $1.4 trillion. Overall Obama doubled the US Debt during his Presidency and set records for highest deficits and the largest debt increase by any President ever.

One month after the Trump Inauguration US Debt was down $12 billion now it is down $68 billion.


http://www.thegatewaypundit.com/201...ecreased-60-billion-since-trump-inauguration/


Well done, President Trump!!
 
No wonder the Left is attacking this guy. He's making them all look like America hating assholes (which they are).

Well done Mr. President!
 
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Mostly_False.jpg







"The National Debt in my first month went down by $12 billion."

— Donald Trump on Saturday, February 25th, 2017 in a tweet

Why Donald Trump's tweet about national debt decrease in his first month is highly misleading

"Considering that Trump hasn’t enacted any fiscal legislation, it’s a bit of a stretch for him to take credit for any changes in debt levels," Dan Mitchell, a libertarian economist and senior fellow at the Cato Institute, told us.

"Debt levels go up and down in the short run based on independent factors such as quarterly tax payments and predetermined expenditure patterns," he said.

The White House did not respond to our query for this fact-check.

Trump would be wise to not read too much into this figure, which sounds more noteworthy than it actually is. The national debt fluctuates up and down depending on the day. While the debt is "down" after one month, experts say that trend will reverse and the debt will continue to rise.

This factoid is a gross misrepresentation of the state of the debt and the role the new president had in shaping the figure.

http://www.politifact.com/truth-o-m...nald-trumps-tweet-about-decline-national-deb/
 
christiefan915 said:
Mostly_False.jpg







"The National Debt in my first month went down by $12 billion."

— Donald Trump on Saturday, February 25th, 2017 in a tweet

Why Donald Trump's tweet about national debt decrease in his first month is highly misleading

"Considering that Trump hasn’t enacted any fiscal legislation, it’s a bit of a stretch for him to take credit for any changes in debt levels," Dan Mitchell, a libertarian economist and senior fellow at the Cato Institute, told us.

"Debt levels go up and down in the short run based on independent factors such as quarterly tax payments and predetermined expenditure patterns," he said.

The White House did not respond to our query for this fact-check.

Trump would be wise to not read too much into this figure, which sounds more noteworthy than it actually is. The national debt fluctuates up and down depending on the day. While the debt is "down" after one month, experts say that trend will reverse and the debt will continue to rise.

This factoid is a gross misrepresentation of the state of the debt and the role the new president had in shaping the figure.

http://www.politifact.com/truth-o-m...nald-trumps-tweet-about-decline-national-deb/
Click to expand...

This is why politifact is so bad. His statement wasn't mostly false it was true. They are 100% correct in Trump doesn't deserve credit for it but his statement was still true.
 
christiefan915 said:
Mostly_False.jpg







"The National Debt in my first month went down by $12 billion."

— Donald Trump on Saturday, February 25th, 2017 in a tweet

Why Donald Trump's tweet about national debt decrease in his first month is highly misleading

"Considering that Trump hasn’t enacted any fiscal legislation, it’s a bit of a stretch for him to take credit for any changes in debt levels," Dan Mitchell, a libertarian economist and senior fellow at the Cato Institute, told us.

"Debt levels go up and down in the short run based on independent factors such as quarterly tax payments and predetermined expenditure patterns," he said.

The White House did not respond to our query for this fact-check.

Trump would be wise to not read too much into this figure, which sounds more noteworthy than it actually is. The national debt fluctuates up and down depending on the day. While the debt is "down" after one month, experts say that trend will reverse and the debt will continue to rise.

This factoid is a gross misrepresentation of the state of the debt and the role the new president had in shaping the figure.

http://www.politifact.com/truth-o-m...nald-trumps-tweet-about-decline-national-deb/
Click to expand...

How can this sentence be in the article "The numbers check out."

and the verdict still be mostly false?
 
christiefan915 said:
Mostly_False.jpg







"The National Debt in my first month went down by $12 billion."

— Donald Trump on Saturday, February 25th, 2017 in a tweet

Why Donald Trump's tweet about national debt decrease in his first month is highly misleading

"Considering that Trump hasn’t enacted any fiscal legislation, it’s a bit of a stretch for him to take credit for any changes in debt levels," Dan Mitchell, a libertarian economist and senior fellow at the Cato Institute, told us.

"Debt levels go up and down in the short run based on independent factors such as quarterly tax payments and predetermined expenditure patterns," he said.

The White House did not respond to our query for this fact-check.

Trump would be wise to not read too much into this figure, which sounds more noteworthy than it actually is. The national debt fluctuates up and down depending on the day. While the debt is "down" after one month, experts say that trend will reverse and the debt will continue to rise.

This factoid is a gross misrepresentation of the state of the debt and the role the new president had in shaping the figure.

http://www.politifact.com/truth-o-m...nald-trumps-tweet-about-decline-national-deb/
Click to expand...
Horseshit. If the numbers are improving then they're improving. You take full credit for all positives and you rub it in the liberals' faces.
 
cawacko said:
This is why politifact is so bad. His statement wasn't mostly false it was true. They are 100% correct in Trump doesn't deserve credit for it but his statement was still true.
Click to expand...

Highly misleading. He is suggesting that the debt went down because of his administration, not in spite of it. He's still working off last year's budget, the Obama budget.

This is typical trump spin, trying to persuade people that correlation = causation.

"Plus the comparison is pretty meaningless anyway, considering the debt increased after President Obama took office because of a stimulus package that Congress had approved before he had even been sworn in. Under the same token, Trump is still working off last year’s budget so even if there had been a real decrease, his administration can’t take credit."
 
tsuke said:
i doubt it. Obama started at around the same time as Trump and the debt increased.
Click to expand...

"Plus the comparison is pretty meaningless anyway, considering the debt increased after President Obama took office because of a stimulus package that Congress had approved before he had even been sworn in. Under the same token, Trump is still working off last year’s budget so even if there had been a real decrease, his administration can’t take credit."

http://www.slate.com/blogs/the_slat...in_appears_to_show_president_is_glued_to.html
 
it's like the Dow..more revenues, less regulations, better business climate..nothing to do with legislation..yet
 
christiefan915 said:
Highly misleading. He is suggesting that the debt went down because of his administration, not in spite of it. He's still working off last year's budget, the Obama budget.

This is typical trump spin, trying to persuade people that correlation = causation.

"Plus the comparison is pretty meaningless anyway, considering the debt increased after President Obama took office because of a stimulus package that Congress had approved before he had even been sworn in. Under the same token, Trump is still working off last year’s budget so even if there had been a real decrease, his administration can’t take credit."
Click to expand...

if its spin then its spin but it cant be rated mostly false.
 
christiefan915 said:
Highly misleading. He is suggesting that the debt went down because of his administration, not in spite of it. He's still working off last year's budget, the Obama budget.

This is typical trump spin, trying to persuade people that correlation = causation.

"Plus the comparison is pretty meaningless anyway, considering the debt increased after President Obama took office because of a stimulus package that Congress had approved before he had even been sworn in. Under the same token, Trump is still working off last year’s budget so even if there had been a real decrease, his administration can’t take credit."
Click to expand...

Highly misleading doesn't make his statement false.
 
cawacko said:
This is why politifact is so bad. His statement wasn't mostly false it was true. They are 100% correct in Trump doesn't deserve credit for it but his statement was still true.
Click to expand...
I somewhat agree with you there, but there have to be things about Trump that helped this reduction. You have to admit that if Clinton got her fat ass into the WH, we wouldn't be seeing numbers like this, no way.
 
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