Posted on 03/10/2017 7:06:31 AM PST by Leaning Right
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!
*snip*
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...
(Excerpt) Read more at thegatewaypundit.com ...
> Headline reads good, positive news. Freeper responses below...”No, it’s not good news because...(insert reason why here)”. <
Yep. I’m scratching my head on that too. Some Freepers here are trying to spin this news much like a MSM reporter would.
In response to that spin, I’d reference this old Chinese proverb: A journey of a thousand miles begins with a single step.
This is frankly amazing in my opinion. If it really is the DEBT, then there were payments (interest) plus principal on the debt.
| Date | Amount |
|---|---|
| 01/03/2017 | 19,935,025,589,392.85 |
| 01/04/2017 | 19,952,414,234,340.71 |
| 01/05/2017 | 19,948,472,988,335.19 |
| 01/06/2017 | 19,952,808,638,850.59 |
| 01/09/2017 | 19,955,343,885,377.73 |
| 01/10/2017 | 19,964,268,875,957.61 |
| 01/11/2017 | 19,951,756,200,280.98 |
| 01/12/2017 | 19,941,807,383,847.05 |
| 01/13/2017 | 19,940,614,376,504.40 |
| 01/17/2017 | 19,959,954,817,351.65 |
| 01/18/2017 | 19,961,467,137,973.64 |
| 01/19/2017 | 19,944,429,217,106.77 |
| 01/20/2017 | 19,947,304,555,212.49 |
| 01/23/2017 | 19,949,678,366,998.00 |
| 01/24/2017 | 19,958,089,555,359.83 |
| 01/25/2017 | 19,950,603,242,667.53 |
| 01/26/2017 | 19,939,908,790,870.48 |
| 01/27/2017 | 19,939,019,834,828.89 |
| 01/30/2017 | 19,939,760,263,983.42 |
| 01/31/2017 | 19,937,261,314,503.29 |
| 02/01/2017 | 19,900,037,472,787.26 |
| 02/02/2017 | 19,902,827,463,569.10 |
| 02/03/2017 | 19,885,875,150,544.45 |
| 02/06/2017 | 19,890,330,215,216.52 |
| 02/07/2017 | 19,895,763,669,170.06 |
| 02/08/2017 | 19,884,606,221,456.19 |
| 02/09/2017 | 19,922,335,630,306.69 |
| 02/10/2017 | 19,921,065,289,061.68 |
| 02/13/2017 | 19,924,218,517,074.52 |
| 02/14/2017 | 19,932,679,233,716.16 |
| 02/15/2017 | 19,937,364,595,503.01 |
| 02/16/2017 | 19,926,581,166,878.36 |
| 02/17/2017 | 19,932,504,874,101.46 |
| 02/21/2017 | 19,935,316,186,835.78 |
| 02/22/2017 | 19,935,880,851,981.06 |
| 02/23/2017 | 19,913,901,120,188.15 |
| 02/24/2017 | 19,930,147,891,686.72 |
only the ignorant believes Trump had anything to do with this.
Regardless, it is not a significant reduction.
Wow. Starting your post with an insult. That’s a sure way to make your point.
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