BigMike Loc: yerington nv

No doubt. Pete's sources have no time to tell their slavering devotees all the things that are actually taking place. Literally; there are only so many minutes in a day. Ignorance is Bliss, they say.

Have a vid!

https://www.youtube.com/watch?v=-YFbxFq6Zr8

Loki Loc: Georgia

The article said that he saved a trillion compared to Obama's first 6 months in office. The article had graphs from the Treasury Department showing how the figures were arrived at. Perhaps the article told you nothing because you did not read it?

Loki Loc: Georgia

He wants me to explain the article to which I provided a link. I suppose that is easier than reading it.

BigMike Loc: yerington nv

Less toxic too!

pafret Loc: Northeast

In Pete's case you are dealing with the wrong end of the horse.

lindajoy Loc: right here with you....

Peter, I relish in finally having a President I believe in and do see changes in spite of those dead set against moving this country forward in a direction much needed..

I realize he makes mistakes, he's no politician after all and it was one of my reasons voting for him..I'll stand in support knowing he'll make more mistakes but at least is trying to achieve a better Nation for all of us..

Naive, perhaps but so far I'm pleased in his endeavors... I wish you felt differently but understand.. Our rolls now reversed, you had Bo who I could not support now you have Trump whom you can not support..Hopefully in time you will see his achievements as good for a country in such desperate need of another path if we are to sustain it untarnished for all of us..

NAFTA will generate income and reduce what we have to pay to these countries that have taken advantage raping us in fees while we got nothing in return...Money saved is money saved..

Have a great day my friend.. Hope you are now recovered and getting around better..

boatbob2

Gee,--A trillion saved here,and a Trillion saved there,,,,pretty soon We will be talking about some serious money,Thank You,Mr President. (Donald Trump)

permafrost Loc: Minnesota

Loki,

this is a very twisted attempt to compare apples to oranges..

Obama took office midst a collapsing economy not only in the US but in the world.

He did a remarkable job and handed the orange man a resurrected economy..

It is only natural that as times got bad, revenue and dept increased and now, trump has not yet had a chance to ruin the economy that Obama built..

Simply more of the conservative spin which turn good into bad and lies into truth..

A meaningless post..

E

Permafrost:

I agree. Your post was meaningless.

Owl32 Loc: ARK

right on - it is about throwing money away like OBAMA, because he knew some of it was going to end up in his pocket and support his plan to destroy America. Trump does not need our money so he has certainly cut bad give aways,
reduced what we were going to pay for our new fighter jets and many other sundry programs, cut regs and show a lot of people the door, especially the demorats that Obama left behind.

Geo

Right-Wing Claim That Trump Has Saved America $1 Trillion Is A Hilarious Failure

Righties still insist on giving Trump credit for the Obama economy.
WES WILLIAMSJUL 4, 2017

As the weeks and months of the Twitter presidency of Donald J. Trump move along, his allies are getting desperate for successes to tout to prove that their hero is truly making America great again. Trump got Neil Gorsuch on the Supreme Court and a healthcare bill through one house of Congress. But we have yet to see any big economic policy pronouncements, and Trump's entire raison d'être appears to be eliminating any progress the country made under the black guy.

But, bless their cold little hearts, Trump's disastrous first six months haven't stopped his fans in conservative media from spinning away, grasping at anything they can to show the rest of us that Trump is some sort of presidential miracle worker. And one of the most pathetic attempts at that came via The Gateway Pundit and the man affectionately known in the blogosphere as the "stupidest man on the internet," Jim Hoft.

For the latest bit of absurdity to come from his site Jim Hoft actually turned the keyboard over to his twin brother Joe. And who can blame him? The piece that Joe Hoft published on July 4 is so dumb that even the stupidest man on the internet apparently didn't want to take credit for it.

Joe Hoft's headline proclaims that since Inauguration Day, Donald Trump has saved the United States over $1 trillion dollars compared to the same period in Barack Obama's presidency. Hoft pulled out data from TreasuryDirect.gov to make his claim.


Gateway Pundit
Of course Hoft doesn't bother to remind his readers that at the beginning of 2009 we were in the depths of a recession, and at the beginning of 2017 we were in a period of sustained economic growth. He also doesn't mention that the bulk of the increase in Obama's debt came in the form of the economic stimulus package that had been passed by Congress, and which has been widely credited with preventing the US economy from slipping into a full-blown depression.

Hoft goes on from there to accuse the "deep state" of monkey business when it comes to reporting the debt. He thinks that Trump may have actually lowered the debt even more than the treasury numbers show, but for reasons he can't explain the amount of debt didn't move for over three months.

What is in question is the amount of debt reported since March 15th. The amount of US debt under President Trump decreased by as much as $101 billion between January 20th (the date of President Trump’s inauguration) and March 15th. However, since March 15th through today the amount of US debt that is being reported by the US Treasury has not materially changed. During this entire period since March 15th the debt stayed the same (within $1 billion) until June 30th when it moved $2 billion lower.
If Joe had managed to use the Google correctly, he might have found the answer why. It's because of the approaching debt ceiling. CNBC reports:

Since March, the Treasury has used extraordinary measures to meet its debt obligations. Many analysts believe that authority will be exhausted around October.
During the Obama administration a similar thing happened in 2015. But in that instance Hoft suspects that the reason was to hide an increasing debt. It wasn't. Even the story from the right-wing CNS News, which Hoft links to, explained what happened.

On March 13, Treasury Secretary Jacob Lew sent an initial letter to House Speaker John Boehner and other congressional leaders informing them that he was planning to declare a “debt issuance suspension period.”
“Beginning on Monday, March 16, the outstanding debt of the United States will be at the statutory limit,” Lew said in that letter. “In anticipation of reaching that date, Treasury has suspended until further notice the issue of State and Local Government Series securities, which count against the debt limit.”
Now, a smart man might notice that both of those things happened around the same point in different years, and realize that there had to be a simple explanation. A smart man might also be aware that Congress, not the White House, holds the purse strings, and that for six of his eight years in office President Obama was dealing with a Republican controlled legislature. But Joe Hoft, like his brother, is not a smart man, as he proves every time he sits down to write.

Hoft's brain, or whatever holds his ears apart, would really start to hurt if he were left to ponder this fact: typically, a new president operates under the budget and economic conditions left by his predecessor for most of his first year in office. So ok, Joe, you say the national debt is tumbling since Trump took over? Repeat after me: "Thanks, Obama!"

Loki Loc: Georgia

Obama handed Trump an anemic economy that had floundered through the slowest and lowest "recover" in this country's history. He handed Trump a national debt that doubled under his 2 terms; an overextended and mismanaged military, a Middle East in complete turmoil, a southern border that is a disaster. A government run amuck. Black unemployment doubled under Obama. Food Stamp usage doubled.
His claims of deporting more illegals than any other administration are an example of his book-cooking and creative definitions. His was the only administration in US history to count border turnbacks as "deportations." If he kept records the same way as all the other administrations his would be at the bottom, rather than the top.
The Obama Administration turned tens of thousands of violent illegals loose onto an American public, rather than deporting their asses.
Yes, your post is meaningless.

BigMike Loc: yerington nv

Personally, I don't believe anyone's numbers. Obama has had little to do with any good economic news since he gained office. I'd say whatever good Trump was handed was in spite of Obama.

PeterS

Limiting my exposure? I am simply trying to point out nothing Trump has done could possibly effect the budget at this time. So why are you guys so determined to give him credit where no credit is due? Come this time next year he will have enough time to have some skin in the game--especially if he gets his budget passed and tax package through. Then you guys will be able to crow about how wonderful Trump is or point your crooked little fingers at Obama and the democrats and blame us for his failures. But right now anything that's happening in the economy, good or bad, belongs to Obama that's because it takes time for fiscal policy to work it's way through the nooks and crannies of the economy. Now, Loki is bright enough to know this which is why it's a bit disappointing to see him trying to pass this off as some kind of Trump accomplishment. It's not, aside from blowing air out of his ass you boy hasn't done much at all...

PeterS

Good or bad, economies always belong to the president in charge at the time. You don't believe any bodies numbers? Then you don't believe the numbers you posted in this article. There I would agree with you as they are about as fake as the president you say created them...