President Trump [Does] the Impossible: Reduces Debt to GDP Ratio by 1% His 1st Year in Office

GP ^ | Nov 19(?), 2017 | Joe Hoft

[PMAS]

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[ichabod1]

There’s gotta be a lot of pent up demand after this long depression.

[Senator Goldwater]

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.

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There’s a nice little nugget.

[Taxman]

YUP! President Trump has upset the Establishment apple cart, hasn’t he?

He has:

Broken their rice bowl;

Hidden their Cheese;

Exposed their scam;

AND their con no longer works!

[4Liberty]

heh heh

[spintreebob]

There are Budget numbers.

There are Appropriation numbers. Many big appropriations are Off Budget, which makes the Budget numbers meaningless.

There are government spending numbers. Some agencies actually spend more than is appropriated, which is unconstitutional but happens. Some agencies actually spend less than appropriated and/or less than budgeted. Note how these agencies go on a mass spending spree in September of each year so they are not left with a surplus, which is a sign of embarrassment and incompetence within the bureaucracy and not the path to promotion.