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Seriously, is there anything this guy doesn't make up? From lying about terrorist acts in Sweden to taking claim for reducing debt while not doing a single thing yet while in office to affect fiscal policy, the Pinocchio in the Oval Office has been the biggest generator of fake news over the last month, probably more than CNN itself!
Last edited by fibonacci; 02-25-2017 at 06:01 PM..
Ahh Don... the government debt figure is still operating under Obama's budget. (In the same way Obama ran something like a $500B deficit inherited from Bush during his first months in office) Call me after you have anything to do with the books.
But I was told in the "politifact lies" thread that Donald wasn't trying to take credit for this. He was just stating a fact...because that was the intent of his tweet (to point out typical/daily swings in debt).
This HAS to be another blatant case of Trump's minders planting and feeding him positive information.
$12 billion is well within the normal daily fluctuation in the debt.
"For one, Trump is citing such a narrow window of time that the statistics he’s pointing to don’t mean very much. The level of debt fluctuates day to day and week to week, depending on seasonal changes in growth and when the government makes payments, collects tax revenue, issues new debt and other debt matures — making the data very susceptible to cherry-picking.
Using the same logic, for example, you could claim that after four days in office Trump increased outstanding public debt by more than $10 billion, and that Obama had reduced it by $6 billion.
On Thursday, the public debt outstanding was $19.9 trillion — or, to be more exact, $19,913,903,120,188.10. And while that is less than it was on Inauguration Day, it's $29.2 billion more than it was on Feb. 8. All that goes to say you can't pay attention to infinitesimal movements in the debt week-to-week."
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