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Trump Cuts More US Debt for a Longer Period of Time Than Any President in History
Posted on 8/20/17 at 12:08 pm
Posted on 8/20/17 at 12:08 pm
LINK
quote:
A review of the amount of (unaudited) of US Debt outstanding back through the Civil War shows that the last time the US Federal Government had a debt decrease between years was when Republican Eisenhower was President in 1957 and 1958. He cut the amount of US Debt by $2 Billion each year from $274 Billion in 1956 to $273 Billion in 1957 and again to $271 Billion in 1958. No President besides President Donald Trump has cut the amount of US Debt by $100 Billion ever.
7
Posted on 8/20/17 at 12:09 pm to MButterfly
That's just racist.
Posted on 8/20/17 at 12:16 pm to MButterfly
Things like this is the reason why I voted for him.
Posted on 8/20/17 at 12:21 pm to papasmurf1269
Things like this is the reason the Establishment on BOTH sides hates everything he does.... that's their money.
Corruption makes them all rich
Corruption makes them all rich
Posted on 8/20/17 at 12:28 pm to papasmurf1269
I'm not attacking this one way or the other bc i truly don't know. Can someone please tell me what this means? Because currently the US debt sits at 19,975 ×billion roughly. That is over a 2% increase since Sep which is in Trump's wheelhouse. Obama's last year was an increase of 1.8 %. Someone educate me.
This post was edited on 8/20/17 at 12:31 pm
Posted on 8/20/17 at 12:31 pm to MButterfly
Well you better let the administration know so they can stop wasting any political capital on raising the debt ceiling.
Posted on 8/20/17 at 12:32 pm to MButterfly
And yet they try and claim Our President hasn't done anything. The fake media is so dishonest.
Posted on 8/20/17 at 1:26 pm to Seldom Seen
Can you explain to me how Trump has achieved this? I'll wait. Even a cursory outline will do.
Posted on 8/20/17 at 1:30 pm to CptBengal
quote:
That's just racist
And cowardly.
Posted on 8/20/17 at 1:39 pm to MButterfly
But, but....nazis 
MAGA
MAGA
Posted on 8/20/17 at 1:41 pm to SleauxPlay
The department heads aren't spending as much money as allocated from Congress. There was a post yesterday there some people are planning to sue because Trump and his administration isn't spending allocated money
Posted on 8/20/17 at 1:44 pm to SleauxPlay
quote:
Can you explain to me how Trump has achieved this? I'll wait. Even a cursory outline will do.
I believe there are federal hiring freezes still at work. Along with the elimination of regulations rule to create new ones, that reduces future workload and the need to hire. The adminstration is also clearly not advancing certain pet project government agencies regarding the arts and things of that nature, which slows down spending.
Also, I imagine not passing certain legislation has paid dividends as well, even if not intentionally, because substantial changes in law require a work force increase to implement.
Probably why I prefer deadlock in many respects.
This post was edited on 8/20/17 at 1:47 pm
Posted on 8/20/17 at 2:07 pm to DAbully
quote:
That is over a 2% increase since Sep which is in Trump's wheelhouse. Obama's last year was an increase of 1.8 %. Someone educate me.
Trump didn't become president until Jan, so using numbers back to Sept aren't a true reflection of what he's done. He couldn't help Obama was busy trying to match the debt he ran up with the previous 43 presidents combined before he left office.
Posted on 8/20/17 at 3:45 pm to MButterfly
Amazing this post is already at the bottom of the second page and this is the sole reason why everything we are witnessing is happening.
The national Debt is running backwards and the establishment can't stand for it.
The national Debt is running backwards and the establishment can't stand for it.
Posted on 8/20/17 at 3:50 pm to BigD13
Yep
Posted on 8/20/17 at 4:47 pm to MButterfly
This is what should be getting play.
Posted on 8/20/17 at 4:54 pm to DAbully
China and Japan have been dumping US. Bonds for a while. So the Gov is forced to buy back its debt with cash on hand.
Posted on 8/20/17 at 7:47 pm to BigD13
quote:
national Debt is running backwards and the establishment can't stand for it.
I don't even know why. How does it hurt them? They should be touting this as a GOP accomplishment
Posted on 8/20/17 at 9:20 pm to deltaland
quote:
How does it hurt them?
You don't have 100 billion in corruption without the senate knowing about it!
How do you think these senators that make less than me and live in 4 million dollar homes, most with multiple houses all over the US, how do they get all that money?
It is killing them that Trump shut off a small percentage of the corrupt monies. This isn't a republican/Democrat issue. Unless you're good with raising taxes to keep funneling money to these cowards then Trump is your only hope
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