Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
On January 20th, the day of the Trump Inauguration, the US Debt stood at $19,947 billion. On March 8th, more than a month later, the US Debt load stood at $19,879 billion. Trump has cut the US Debt burden by $68 billion and 0.3% in since his inauguration!
Your source has incorrect figures, but even if they were correct, Trump is way behind if he wishes to keep his promise. He needs to shave off 200 billion every month for 8 years in order to keep his promise.
In contrast, Obama had raised the debt by $320B in his first 50 days.
IF trump did it, what did he do that lowered it? Did he reduce or increase some aspect of our economy?
Given that we know Trump has not introduced new policy that could have impacted our national debt, the only conclusion any reasonable or objective person could make is that Obama's polices which are continuing as if he never left are responsible.
but don't trust me,
that has happened to the debt has been on autopilot since Obama left," said Laurence Kotlikoff, an economics professor at Boston University. “If anything, he is taking credit for something Obama did."*
https://www.nytimes.com/2017/02/25/u...rump.html?_r=0 Neither president bore responsibility for changes in the federal debt in his opening month in the White House. The slight decline cited by Mr. Trump — a drop of 0.06 percent, according to Treasury data — is a temporary fluctuation, not a change in direction
it is pretty straight forward, unless someone can show what trump did to change the debt then all the credit goes to Obama, just as when Obama came in he earns no credit until he has either maintained the status quo for a long time or has changed policy.
Well Trump has not introduced any real economic policy changes. If I am wrong show the world how and make a fool of me....
I would go as far as to say, we will likely see some pain shortly as trump's numbers start to feed through in the coming months. unless of course he actually starts to do some work and gets some policy rolling.
So far all trump has done, is golf, rally, tweet and make more promises. I see no substantive economic policy changes well excluding his Muslim ban which is going to cost us many billions in lost revs.
Exactly what did he do that could possibly have had that effect so quickly?
nothing, but the right is struggling to support Trump's absolute failure as a president so they are resorting to extremes to promote Trump.
Meanwhile Trump hired a foreign agent into his cabinet and is now pretending he just did not know. And that is despite the world and its mother repeatedly questioning Flynn's ties to turkey.
So did Trump, until now. Job numbers and unemployment figures were fake news back in 2016, now they are real.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
