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Started By
Message
Serious Winning: President Trump Has Actually LOWERED The National Debt
Posted on 7/31/17 at 6:28 pm
Posted on 7/31/17 at 6:28 pm
LINK
quote:
Many people don’t call President Trump the Tea Party President for nothing. For the first time in our lifetime President Trump’s fiscal policies, targeting growth in the economy, actually have the cumulative effect of lowering the national debt as measured by the U.S. Treasury. –SEE DATA HERE–
When President Trump took office January 20th the total national debt was $19,947,304,555,212, or nearly $20 trillion. While there are fluctuating cycles of increase and decrease the debt reached a high of $19,959,593,604,841 on February 28, 2017, stalled, and since March 14th 2017 continually dropped:
quote:
Total U.S. National Debt has now decreased by over $100 billion. *Note: That’s five times more than is needed to build the Southern Security and Border Wall.
And yes, this decrease is real and represents a long term reversal. During same 6 months in 2016 the U.S. National Debt grew by $450 billion (from $18,941,406,899,252.15 -to- $19,391,704,027,667.12). [DATA HERE] The Trump trend is not connected to a temporary lowering of debt during tax collection season. The ACTUAL ‘federal’ debt clock is now running backwards.
15
Posted on 7/31/17 at 6:31 pm to GumboPot
Wow. Never thought I'd see the clock going backwards..
Posted on 7/31/17 at 6:32 pm to GumboPot
Not even sure how this is possible. Good work Trump
Posted on 7/31/17 at 6:33 pm to GumboPot
deleted because I'm wrong
This post was edited on 7/31/17 at 6:45 pm
Posted on 7/31/17 at 6:35 pm to baytiger
Obama's surplus? Lol, on first page no less. This board....;)
Posted on 7/31/17 at 6:37 pm to CamdenTiger
deleted because I'm wrong
This post was edited on 7/31/17 at 6:44 pm
Posted on 7/31/17 at 6:38 pm to CamdenTiger
quote:
Obama's surplus?
Can't be. He never admitted to it being his economy.
Posted on 7/31/17 at 6:42 pm to baytiger
Fy2017 budget was approved and signed by Trump in May.
Posted on 7/31/17 at 6:42 pm to GumboPot
Desperate for a win you are trying to credit Trump for this.
Posted on 7/31/17 at 6:43 pm to LSUnation78
Looks like it was based off continuing resolutions from FY2016. So there was no FY2017 budget. I'll still admit that I'm wrong.
LINK
LINK
This post was edited on 7/31/17 at 6:46 pm
Posted on 7/31/17 at 6:45 pm to baytiger
I do note that the OP's article states the deficit started declining in March. Which was before current funding bill was signed into law in May.
Posted on 7/31/17 at 6:47 pm to baytiger
quote:you realize the budget doesn't determine what is actually spent right?
currently operating under the fy2017 budget passed before he was in office, but I guess that doesn't matter, MAGA and shite.
Posted on 7/31/17 at 6:47 pm to baytiger
Thats been the case since like 2009. Congress hasnt passed a new budget since, just minor adjustments and continuations.
Posted on 7/31/17 at 6:48 pm to GumboPot
lol no he hasn't. It's a result of last years work.
The best stolen valor folks
The best stolen valor folks
Posted on 7/31/17 at 6:51 pm to asurob1
Don't worry, when unemployment ticks up or the stock market slides in a few months it will be Obama's fault again.
Posted on 7/31/17 at 6:53 pm to mmcgrath
And then you guys can say it was actually Bush's fault. The buck never stops anymore apparently.
Posted on 7/31/17 at 6:56 pm to GumboPot
Posted on 7/31/17 at 7:03 pm to GumboPot
Heading towards a top 10 Presidency (perhaps higher). 
Posted on 7/31/17 at 7:06 pm to GumboPot
This assertion is pure bullshite. It's not even the first time its been made since the Trump-chump took office.
But you guys are desperate to find anything positive for which he is remotely responsible.
But you guys are desperate to find anything positive for which he is remotely responsible.
Posted on 7/31/17 at 7:08 pm to GumboPot
Seems legit.
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