Biden Says He Cut National Debt by $1.7T — When He Actually Increased it by $3.84T

New York Post ^ | February 28, 2023 | Steve Nelson

[nickcarraway]

President Biden wrongly claimed Tuesday that he slashed the national debt by $1.7 trillion — despite increasing it by about $3.84 trillion over his first two years in office.

The 80-year-old president made the error — apparently as a result of confusing the terms “debt” and “deficit” — while bashing House Republicans as irresponsible for demanding spending cuts in exchange for raising the debt ceiling later this year.

“You know you hear ads with the big-spending Joe Biden?” Biden said during a speech in Virginia Beach, Va. “In two years, I reduced the debt $1.7 billion — $1.7 billion. “It’s the largest deficit reduction in American history.”

[ProtectOurFreedom]

"Debt"

"Deficit"

[E. Pluribus Unum]

In Swamp-Speak, a “cut” is a tiny decrease in the budgeted increase.

[SaveFerris]

He cannot stop lying

Ever

What fools out there believe anything that he says?

Wait, don’t answer that

[EvilCapitalist]

I just love democrat math. /sarc

[gundog]

Adjusted for inflation?

[ClearCase_guy]

I’m waiting for his report on our Martian colonies.

[SaveFerris]

(made the error)

Oh ... Oops?

Yeah, an “error”

[Disambiguator]

So he was off by $5.4 trillion. A mere trifle. Pocket change.

[EvilCapitalist]

If the number is to be believed, 81 million fools believe him.

[Antihero101607]

[FlingWingFlyer]

Jo Jo been hittin’ da happy smoke?

[SaveFerris]

Woohoo!!

[Larry Lucido]

Remember, it’s not a lie if you believe it.

[Leaning Right]

> President Biden wrongly claimed Tuesday that he slashed the national debt by $1.7 trillion… <

It doesn’t matter. Biden could claim that while he was a toddler, he personally shot both Mussolini and Hitler. The mainstream media would say that Biden’s claim was “substantially correct”.

[realcleanguy]

helf the population will run out and tell their neighbors Joe cut the deficit and celebrate. That half will believe anything.

[sasquatch]

Create a problem, blame others, then pretend to fix it.
Ad nauseam.

[frank ballenger]

Biden got credit for the financial trick.

Then he switched hands and took out a dove and a rabbit from his tuxedo pocket, then six brightly colored silk scarves from his sleeve and tossed something on the stage which went up in a puff of smoke and he was gone.

[hardspunned]

Who cares? We’re so loaded we can afford to pi$$ away upwards of a $Billion a Day on Uke corruption.

[mikey_hates_everything]

Plugs just didn’t spend $1.7T that he could have. So it’s a cut.