Trump reduced debth in first fifty days.... Obama increased it !!! (Tax and spend Democrats)
Mar 19, 2017 11:53:44 #
In First 2 Months in Office: Trump Reduced Debt by $100 Billion – Obama Increased Debt by $400 Billion
Mar 19, 2017 12:24:39 #
ghostgotcha wrote:
In First 2 Months in Office: Trump Reduced Debt by $100 Billion – Obama Increased Debt by $400 Billion
That's just a start !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Mar 19, 2017 12:49:34 #
ghostgotcha wrote:
In First 2 Months in Office: Trump Reduced Debt by $100 Billion – Obama Increased Debt by $400 Billion
According to Breitbart and CATO Trump had nothing to do with it.
Dan Mitchell, a scholar at the Cato Institute, told PolitiFact, “Considering that Trump has not enacted any fiscal legislation, it is a bit of a stretch for him to take credit for any changes in debt levels.” He added, “Debt levels go up and down in the short run based on independent factors such as quarterly tax payments and predetermined expenditure patterns.”
http://www.breitbart.com/big-government/2017/02/27/politifact-says-trump-debt-reduction-statement-correct-despite-labelling-mostly-false/
Mar 19, 2017 13:14:32 #
PeterS wrote:
According to Breitbart and CATO Trump had nothing ... (show quote)
Politifalse is over the top left wing gaaaaaarrrrbaaaaaggge
Mar 19, 2017 15:04:09 #
PeterS wrote:
According to Breitbart and CATO Trump had nothing ... (show quote)
That begs the question; "Did the same cause the market to soar since Trump won the election"?
Mar 19, 2017 17:02:56 #
ghostgotcha wrote:
In First 2 Months in Office: Trump Reduced Debt by $100 Billion – Obama Increased Debt by $400 Billion
True.
Thanks Ghost.
Good to see you again.☺
Mar 20, 2017 12:10:48 #
ghostgotcha wrote:
That begs the question; "Did the same cause the market to soar since Trump won the election"?
No, because the market has continued increasing at the same rate it has since June '16.
Mar 20, 2017 12:15:37 #
reconreb wrote:
Politifalse is over the top left wing gaaaaaarrrrbaaaaaggge
PolitiFact is reporting on information they have from the Cato think tank. So your observation is irrelevant. Before you reply, be aware that the Cato Institute is robustly right-wing.
Mar 20, 2017 12:27:41 #
ghostgotcha wrote:
In First 2 Months in Office: Trump Reduced Debt by $100 Billion – Obama Increased Debt by $400 Billion
Leaving aside the fact that Trump has not yet passed a budget, Obama came into office in the earliest days of the great recession. Obama's budget came in considerably BETTER than projections by economists. I recall a prediction that the budget could be $1 trillion in deficit. So, you're cherry picking your data; a comparison that, far from accounting for differing circumstances, is consciously skewed to give Trump credit for something upon which he had no influence.
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