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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 Trump’s 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 hasn’t 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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This WINNING is really getting to me. We spent eight years with gloom and doom. Hard to make the shift so quickly :)
1 posted on 11/19/2017 4:59:03 PM PST by upchuck
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To: upchuck

HOORAY President Donald J. Trump! Thank you, sir.


2 posted on 11/19/2017 5:02:05 PM PST by PGalt
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To: upchuck

Literally “All by Himself”

zero help from GOPe


3 posted on 11/19/2017 5:06:37 PM PST by Pollard (TRUMP 2016)
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To: upchuck
So,... much,... WINNING!
4 posted on 11/19/2017 5:07:05 PM PST by DoughtyOne (McConnell / Ryan: Why pass Cons legislation when we can pass Leftist legislation for Leftists?)
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To: upchuck

Remember... THE TRUMP is in charge. Good things are happening.


5 posted on 11/19/2017 5:09:05 PM PST by BigEdLB (To Dimwitocrats: We won. You lost. Get used to it.)
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To: Pollard

>>zero help from GOPe

This is why they hate him so much. You can’t get an hopeful people in a prosperous economy to beg for our masters to enslave us with communism.


6 posted on 11/19/2017 5:11:45 PM PST by Bryanw92 (Asking a pro athlete for political advice is like asking a cavalry horse for tactical advice.)
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To: Bryanw92

Amen to that!


7 posted on 11/19/2017 5:14:12 PM PST by Nothingburger
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To: upchuck

Hm. This is nearly a meaningless stat unless President Trump is able to make some progress in reducing the national debt. When I see that happening, I will really celebrate the winning.

Note to the President: For the next three years, tell Congress they cannot spend more than the following:

2018: $3.9 trillion
2019: $3.8 trillion
2020: $3.7 trillion

If they come in with a budget of $0.01 more than your limits, do a Ronald Reagan: “This budget is dead on arrival.”

So use your veto pen! (Unlike George Bush.)


8 posted on 11/19/2017 5:14:53 PM PST by DennisR (Look around - God gives countless, indisputable clues that He does, indeed, exist.)
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To: upchuck; Donald J Trump

and so what is there not to love...MAGA


9 posted on 11/19/2017 5:15:16 PM PST by DAVEY CROCKETT (Thank you Free Republic. Thank you President Donald J Trump, Greatest election Ever.)
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To: upchuck

This is great. Get that out first.

But since under obama it went up 37%, taking it down 1% isnt as great of an achievement than if he took it down 1% and it hadnt risen that additional 37%.

It is still a win, but congext/perspective also adds a more realistic assessment of it.


10 posted on 11/19/2017 5:16:51 PM PST by Secret Agent Man ( Gone Galt; Not averse to Going Bronson.)
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To: upchuck; AdmSmith; AnonymousConservative; Berosus; Bockscar; cardinal4; ColdOne; ...
Thanks upchuck.

11 posted on 11/19/2017 5:18:15 PM PST by SunkenCiv (www.tapatalk.com/groups/godsgravesglyphs/, forum.darwincentral.org, www.gopbriefingroom.com)
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To: PGalt
No doubt brought about by some miraculous plan developed but the lyin' king his last year in office. 😹😹😹😹😹🍻💸
12 posted on 11/19/2017 5:23:12 PM PST by rktman (Enlisted in the Navy in '67 to protect folks rights to strip my rights. WTH?!)
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To: upchuck

millions of ordinary people have made a sh**load in the stock market in a few short months.


13 posted on 11/19/2017 5:30:31 PM PST by Sacajaweau
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Comment #14 Removed by Moderator

To: upchuck

This is definitely good news.

Go, President Trump!


15 posted on 11/19/2017 5:31:47 PM PST by Salvation ("With God all things are possible." Matthew 19:26)
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To: upchuck
President Trump [Does] the Impossible: Reduces Debt to GDP Ratio by 1% His 1st Year in Office

President Trump has been doing the "impossible" since he announced his candidacy on June 16, 2015.

16 posted on 11/19/2017 5:32:11 PM PST by Repeal 16-17 (Let me know when the Shooting starts.)
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To: upchuck

Bttt.

5.56mm


17 posted on 11/19/2017 5:34:46 PM PST by M Kehoe
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Democrats Outraged


18 posted on 11/19/2017 5:35:19 PM PST by dsrtsage (One half of all people have below average IQ. In the US the number is 54%)
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To: Pollard

“Literally “All by Himself”
zero help from GOPe”

Zero help from the establishment.


19 posted on 11/19/2017 5:37:26 PM PST by Parley Baer
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To: upchuck

THANK YOU,MR. PRESIDENT!


20 posted on 11/19/2017 5:39:13 PM PST by left that other site (For America to have CONFIDENCE in our future, we must have PRIDE in our HISTORY... DJT)
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