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Started By
Message
re: Update: national debt more than $1 trillion larger than just 6 months ago
Posted on 3/2/18 at 12:13 pm to NC_Tigah
Posted on 3/2/18 at 12:13 pm to NC_Tigah
quote:
Another poster says that according to some here Trump somehow magically decreased the debt in his first month. He said the OP targeted those previous silly Trump posts. If that was the attempt, fine.
The thread is titled bluntly, and the first word is pretty self-explanatory: update. That update references multiple threads made, mostly last summer.
As buckeye points out, the point was made several times in those days that the debt reduction was illusory, due almost entirely to EM in support of debt ceiling avoidance.
This is a goose, gander thread.
quote:
Problem is your basis for the critique erred in the same way as those whom he claims you were targeting. I presume that's why you refuse to answer the Sep8th question.
Another problem is that you were nowhere to be found in those other threads when the figure was flattering to this administration.
The 9/8 date isn't the only relevant one over the last 12 months- there was more than one EM followed by an issued-debt spike, so when I answered this same question on the first page, I did it in even more general terms, and as concisely as possible:
quote:quote:
What's going on in that graph?
steady deficits, with the Treasury doing their Extraordinary Measures to avoid the debt ceiling
And that is exactly the case. Deficits have been steady monthly (acknowledging seasonality), and the flatlines/spikes are debt-ceiling avoidance episodes.
Posted on 3/2/18 at 12:17 pm to 90proofprofessional
quote:So your answer is "no".
And that is exactly the case. Deficits have been steady monthly (acknowledging seasonality), and the flatlines/spikes are debt-ceiling avoidance episodes.
See, that wasn't so hard.
quote:I must have been doing something else, sorry.
Another problem is that you were nowhere to be found in those other threads
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