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Serious Winning: President Trump Has Actually LOWERED The National Debt

Posted on 7/31/17 at 6:28 pm
Posted by GumboPot
Member since Mar 2009
138911 posts
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.
Posted by CamdenTiger
Member since Aug 2009
65137 posts
Posted on 7/31/17 at 6:31 pm to
Wow. Never thought I'd see the clock going backwards..
Posted by Collegedropout
Where Northern Mexico meets Dixie
Member since May 2017
5202 posts
Posted on 7/31/17 at 6:32 pm to
Not even sure how this is possible. Good work Trump
Posted by baytiger
Boston
Member since Dec 2007
46978 posts
Posted on 7/31/17 at 6:33 pm to
deleted because I'm wrong
This post was edited on 7/31/17 at 6:45 pm
Posted by CamdenTiger
Member since Aug 2009
65137 posts
Posted on 7/31/17 at 6:35 pm to
Obama's surplus? Lol, on first page no less. This board....;)
Posted by baytiger
Boston
Member since Dec 2007
46978 posts
Posted on 7/31/17 at 6:37 pm to
deleted because I'm wrong
This post was edited on 7/31/17 at 6:44 pm
Posted by FightinTigersDammit
Louisiana North
Member since Mar 2006
46297 posts
Posted on 7/31/17 at 6:38 pm to
quote:

Obama's surplus?


Can't be. He never admitted to it being his economy.
Posted by LSUnation78
Northshore
Member since Aug 2012
14018 posts
Posted on 7/31/17 at 6:42 pm to
Fy2017 budget was approved and signed by Trump in May.
Posted by asurob1
On the edge of the galaxy
Member since May 2009
26971 posts
Posted on 7/31/17 at 6:42 pm to
Desperate for a win you are trying to credit Trump for this.

Posted by baytiger
Boston
Member since Dec 2007
46978 posts
Posted on 7/31/17 at 6:43 pm to
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
This post was edited on 7/31/17 at 6:46 pm
Posted by LSUnation78
Northshore
Member since Aug 2012
14018 posts
Posted on 7/31/17 at 6:45 pm to
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 by narddogg81
Vancouver
Member since Jan 2012
21891 posts
Posted on 7/31/17 at 6:47 pm to
quote:

currently operating under the fy2017 budget passed before he was in office, but I guess that doesn't matter, MAGA and shite.
you realize the budget doesn't determine what is actually spent right?
Posted by LSUnation78
Northshore
Member since Aug 2012
14018 posts
Posted on 7/31/17 at 6:47 pm to
Thats been the case since like 2009. Congress hasnt passed a new budget since, just minor adjustments and continuations.
Posted by UHTiger
Member since Jan 2007
5231 posts
Posted on 7/31/17 at 6:48 pm to
lol no he hasn't. It's a result of last years work.

The best stolen valor folks
Posted by mmcgrath
Indianapolis
Member since Feb 2010
37012 posts
Posted on 7/31/17 at 6:51 pm to
Don't worry, when unemployment ticks up or the stock market slides in a few months it will be Obama's fault again.
Posted by LSUnation78
Northshore
Member since Aug 2012
14018 posts
Posted on 7/31/17 at 6:53 pm to
And then you guys can say it was actually Bush's fault. The buck never stops anymore apparently.
Posted by Iosh
Bureau of Interstellar Immigration
Member since Dec 2012
18941 posts
Posted on 7/31/17 at 6:56 pm to
Posted by SirWinston
PNW
Member since Jul 2014
100762 posts
Posted on 7/31/17 at 7:03 pm to
Heading towards a top 10 Presidency (perhaps higher).
Posted by JohnnyU
Florida
Member since Nov 2006
12392 posts
Posted on 7/31/17 at 7:06 pm to
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.
Posted by a want
I love everybody
Member since Oct 2010
19764 posts
Posted on 7/31/17 at 7:08 pm to


Seems legit.
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