Trump Decreases the Debt to GDP Ratio in His First Year in Office – First Time in 50 years

HAIL TRUMP

Why do you seem so intent on posting thread titles that are plainly contradicted by your own post?

This:

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Trump Decreases the Debt to GDP Ratio in His First Year in Office – First Time in 50 years

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Is not the same as this:

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No President in more than 50 years has decreased the Debt to GDP ratio in his first year in office by more than 1%

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I see no reason you can't Trump pump without attempting to be misleading.

I see how there could be confusion, but I read the title as the same meaning as the second statement there -- for whatever that's worth.

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I see how there could be confusion, but I read the title as the same meaning as the second statement there -- for whatever that's worth.

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I'm not sure how, and I don't mean that in an aggressive way. In any plain reading, this:

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Trump Decreases the Debt to GDP Ratio in His First Year in Office – First Time in 50 years

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Seems to directly contradict this:

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Presidents Reagan and George W. Bush decreased the Debt to GDP ratio in their first years in office...

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But I've only had one cup of coffee, so if I'm wrong, someone let me know

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Don't really care what you feel or think.

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What, no substantive response? Unlike you, I don't have any feelings on the subject, but I do think you're a political hack

You are wrong. The body explains the title.

Nobody is trying to pull the wool over your fragile eyes.

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Subsequent years will increase the debt by an additional $1.5 trillion due to tax cuts, so he should enjoy this while it lasts

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Remind me again. How much did Obama add to the debt?

I wasn't trying to demean your quibble. I promise.

Just go to the White House's own historical tables to get the story with legitimate context, and look especially at Table 7.1: LINK.

Federal debt went from a peak of 106.1% at the end of 1946, to a trough of 23.1% at the end of 1974, to another cyclical peak of 47.8% at the end of 1993, to another trough of 31.4% at the end of 2001. At the end of 2007, it was only at 35.2%. Then you get the following...

2007, 35.2%
2008, 39.3%
2009, 52.3%
2010, 60.9%
2011, 65.9%
2012, 70.4%
2013, 72.6%
2014, 74.2%
2015, 73.3%
2016, 77.0%
2017, 77.4%

So it's continued to trickle up. The Budget Control Act of 2011 pushed through by the Republican Congress in August 2011 helped to stem the increases in the debt after 2012, but the trend is a continuing trickle-up, and by most every account, the markets have believed the Trump administration to be generally stimulative in terms of fiscal policy, both in terms of increasing spending and reducing taxation.

By the other estimate of public debt, the so-called "gross debt" that includes government IOUs to itself (which I don't think it makes sense to count), the debt % only went up form 106.1% at the end of 2016 to 106.2% at the end of 2017. This is the $19 trillion gross debt figure cited by the silly article. Accounting for some rounding errors and revisions, maybe this gross debt figure actually went down by more than 1%, but it's a silly thing to trumpet as historically significant.