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Economy
See other Economy Articles

Title: Amazing: US Debt Decreased by More Than $60 Billion Since Trump Inauguration
Source: GP - Jim Hoft
URL Source: http://www.thegatewaypundit.com/201 ... lion-since-trump-inauguration/
Published: Mar 10, 2017
Author: Hoft
Post Date: 2017-03-12 16:28:05 by 3-Dee
Keywords: None
Views: 1292
Comments: 4

Amazing: US Debt Decreased by More Than $60 Billion Since Trump Inauguration

Jim Hoft Mar 10th, 2017 8:27 am 596 Comments

Guest post by Joe Hoft

The US debt reduced by more than $60 Billion since the Trump Inauguration!

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!

By comparison, under President Obama, the US Debt burden increased by more than $320 billion after his inauguration through March 8th 2009. Obama increased the US Debt by 3.1% during this time period and signed the trillion dollar ‘Stimulus’ bill which is widely considered a colossal failure and waste of US tax dollars as well. The failed ‘Stimulus’ did not kick in till later in Obama’s first year leading to Obama’s first year deficit of $1.4 trillion. Overall Obama doubled the US Debt during his Presidency and set records for highest deficits and the largest debt increase by any President ever.

One month after the Trump Inauguration US Debt was down $12 billion now it is down $68 billion.

With Trump the stock market is up, jobs are increasing, salaries are increasing and debt is down…

Winning, Winning, Winning, Winning.

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#1. To: 3-Dee (#0)

I seen this and just had to post it!

It sure would be nice to get source for your post.

http://www.thegatewaypundit.com/2017/03/amazing-us-debt-decreased-60-billion-since-trump-inauguration/

Justified  posted on  2017-03-12   18:14:31 ET  (1 image) Reply   Trace   Private Reply  


#2. To: 3-Dee (#0)

It really is amazing, what expenditure programs has he cut that could have an immediate effect?

paraclete  posted on  2017-03-12   22:45:18 ET  Reply   Trace   Private Reply  


#3. To: 3-Dee (#0)

Certainly appears to be good news, but a review of the numbers is warranted to ensure there's not cooking of the books to make the numbers lower. But if not that, an examination should show why the debt went down. I wouldn't expect Trump to have that much effect that soon.

Pinguinite  posted on  2017-03-13   1:57:37 ET  Reply   Trace   Private Reply  


#4. To: 3-Dee (#0) (Edited)

Fake News.


The D&R terrorists hate us because we're free, to vote second party

"We (government) need to do a lot less, a lot sooner" ~Ron Paul

Hondo68  posted on  2017-03-13   2:18:21 ET  (1 image) Reply   Trace   Private Reply  


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