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President Trump [Does] the Impossible: Reduces Debt to GDP Ratio by 1% His 1st Year in Office
GP ^
| Nov 19(?), 2017
| Joe Hoft
Posted on 11/19/2017 4:59:03 PM PST by upchuck
President Trumps policies have decreased the Debt to GDP ratio by 1% while at the same time the Atlanta Fed announced yesterday that the 4th Quarter GDP estimates have increased by 0.2% to 3.4%.
Since his inauguration President Trump has focused his efforts on the security of the country and on the prosperity of its economy. The results of his actions are taking shape.
The US GDP has increased each quarter in 2017 with the 3rd Quarter GDP increasing to $19.496 trillion the highest GDP for any country in world history.
On the other hand, the President has curtailed US spending. The result is that the US Debt to GDP ratio has decreased year to date from 105% to 104%.
No President in more than 50 year years has decreased the Debt to GDP ratio in his first year in office by more than 1%. The last President to do so was Nixon in 1969. Presidents Reagan and George W. Bush decreased the Debt to GDP ratio in their first years in office but by less than 1%. President Obama increased the Debt to GDP ratio his first year in office by 15% and by 37% over his eight years in office.
In related news the Atlanta Fed announced that the 4th Quarter US GDP estimates have increased from 3.2% to 3.4%. This increase in GDP would make the GDP increase for the year near 3%, something that hasnt occurred in more than 10 years.
TOPICS: Business/Economy; Constitution/Conservatism; Culture/Society; Front Page News; Government; News/Current Events
KEYWORDS: economy; gdp; morewinning; trump; trumpwinsagain; usdebt; winning
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To: upchuck
21
posted on
11/19/2017 5:44:23 PM PST
by
smileyface
(Things looking up in RED PA! I love President Trump!)
To: Bryanw92
Strong economy is a strong country , which means a strong military, and the globalist socialists in both parties can;t have that.
22
posted on
11/19/2017 5:45:09 PM PST
by
manc
( If they want so called marriage equality then they should support polygamy too.)
To: upchuck
WINNING!!!
23
posted on
11/19/2017 6:02:50 PM PST
by
Chode
(You have all of the resources you are going to have. Abandon your illusions and plan accordingly.)
To: upchuck
Well done! Now to get it back to where Obastard started:
Then get it back where it was when Nixon was in office, 25%. The economy would really soar if we could do that and get the enormous Fedzilla drag off the economy's back.
To: upchuck
Go, Trump! Cut, baby, cut!
25
posted on
11/19/2017 6:47:01 PM PST
by
Jim Robinson
(Resistance to tyrants is obedience to God!)
To: Sacajaweau
millions of ordinary people have made a sh**load in the stock market in a few short months. Look for the "wealth effect" to start kicking in soon. Many people will spend 4% to 5% of their increase in wealth. A lot of us are gun shy because of the dismal Obama years, but a few more months of expansion and the economy will really take off.
To: upchuck
This WINNING is really getting to me. We spent eight years with gloom and doom. Hard to make the shift so quickly
Partner, our new POTUS is not a Politician. He is an action man.
I do not want to sound like some cheerleader for our POTUS but he is the real deal and he is a businessman.
President Trump is a builder and we love that in our POTUS. It seems like a lot of folks do not understand what builders do and he is the right man for the job.
Also, President Trump wants to drain the Swamp in D.C. and right now McConJob and Paul Ryan are part of the Swamp and they do not want to help drain the current Swamp in D.C. They are both a total joke. They do not even understand the resumes of builders.
To: upchuck
He doesnt need the media to be cheering him on like they did for Obama but one or two months of an honest fair account of the job he’s doing would have his approval approaching %60
To: CurlyDave
You’re right....I’m pulling a couple thousand out after January 1st....for binge shopping.
To: upchuck
2017 GDP
1.2% Q1 final
3.1% Q2 final
3.0% Q3 1st estimate; "second" estimate for the third quarter will be released on 11/29/2017
3.4% Q4 est. revised up
the GDP increase for the year near 3%, something that hasnt occurred in more than 10 years.
This guys good - POTUS DJT
30
posted on
11/19/2017 7:19:46 PM PST
by
ForYourChildren
(Christian Education [ RomanRoadsMedia.com - Classical Christian Approach to Homeschool ])
To: upchuck
Oh no, please, stop Mr President, no more winning, I can’t take all this winning!
31
posted on
11/19/2017 7:27:48 PM PST
by
wastedyears
(US out of the UN, UN out of the US.)
To: upchuck
And still, 60% of this stupid ass nation hates Trump.
This nation deserves a collapse
32
posted on
11/19/2017 8:01:47 PM PST
by
Angels27
To: Parley Baer
All the more incredible, yes. THAT HE AND HIS TEAM PRETTY MUCH DID THIS ALL BY THEMSELVES WITH NO HELP FROM CONGRESS!
33
posted on
11/19/2017 8:17:10 PM PST
by
CivilWarBrewing
(Get off my back for my usage of CAPS, especially you snowflake males! MAN UP!)
To: Angels27
“And still, 60% of this stupid ass nation hates Trump.”
I don’t buy that for a second. Fake news; fake polls.
34
posted on
11/19/2017 8:23:15 PM PST
by
dsc
To: upchuck
Wait until Trump drains the swamp! Things will grow at light speed.
35
posted on
11/19/2017 9:07:15 PM PST
by
Candor7
(Obama FAscism) http://www.americanthinker.com/articles/2009/05/barack_obama_the_quintessentia_1.html)
To: upchuck
Great job Mr. President! Keep up the great work Sir!
36
posted on
11/19/2017 9:13:32 PM PST
by
Boomer
(TisOK2BWhite)
To: upchuck
I seem to run into many millenials who think trump is bad for the economy (wow).
37
posted on
11/19/2017 11:31:50 PM PST
by
SteveH
To: SteveH
I seem to run into many millenials who think trump is bad for the economy (wow).I'm not sure millennials can actually "think," in any meaningful sense of the word. They're slaves to their smartphone-pacifiers and just regurgitate whatever they see/hear without actually considering it.
38
posted on
11/20/2017 12:02:02 AM PST
by
hsalaw
To: upchuck
Amazing what great leadership can do on the sports field, battlefield or in “politics” (Pres Trump is really an anti-politician). God bless him!
39
posted on
11/20/2017 3:57:47 AM PST
by
Shark24
To: PGalt
40
posted on
11/20/2017 5:01:07 AM PST
by
Eleutheria5
(“If you are not prepared to use force to defend civilization, then be prepared to accept barbarism.)
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