.. 2 Months in Office: Trump Reduced Debt by $100 Billion – Obama Increased ..$400 Billion

The Gateway Pundit ^ | 03/19/2017 | Jim Hoft

[ForYourChildren]

In First 2 Months in Office – Trump Reduces Debt by $100 Billion – Obama Increased Debt by $400 Billion – Half a Trillion Dollar Difference!

On January 20th, the day of President Trump’s Inauguration, the US Debt stood at $19,947 billion. As of March 16th, the most recent date for US debt reporting, the US Debt stands at $19,846 billion. President Trump has cut the US Debt burden by over $100 billion and 0.5% in the first two months since his inauguration!

{..snip..}

[ForYourChildren]

FULL TITLE:

"In First 2 Months in Office: Trump Reduced Debt by $100 Billion – Obama Increased Debt by $400 Billion"

see url for table and details

[ClearCase_guy]

Well, that just means Trump is $500 Billion behind Obama! What a loser! [/s]

[left that other site]

That alone is AMAZING.

[dsrtsage]

Got to pay for the concentration camps somehow

[Puppage]

Ja whol!

[DannyTN]

At 10 year treasury rate of 2.5% that is $2.5 billion in interest each year that Trump has saved us. $12.5 billion a year compared to another Obama.

[4Liberty]

[Paladin2]

All I can say is that for various reasons, partly due to Trump's election, my Fed Income tax is going to be 5x last year's.

Note 5 x 0 is still zero, an approximation for me....

[butlerweave]

Countries around the World must be feeling the pain with Obama’s unmarked planes of cash grounded ,LOL

[MomwithHope]

I just went to the debt clock site it says 19,919 and change. FAKE NEWS

[Mariner]

This is nonsense.

The US debt historically goes down in Q1 and 2. Then catches up- in Q3 and 4.

Who could possibly believe Trump has anything to do with this?

[MattinNJ]

That is amazing! So much winning

[rlmorel]

You don’t think it is possible that someone can come into office, do things the way they have never been done before, and that there is no possibility things could change in any way whatsoever?

I admit to wondering how the conclusion was arrived at, but if one uses the same tool to measure both Obama and Trump, and it is a US government tool (https://www.treasurydirect.gov/NP/debt/search?startMonth=01&startDay=20&startYear=2017&endMonth=03&endDay=19&endYear=2017) why is that invalid?

Can you say that Trump had nothing to do with it, and what do you base that on?

[zeugma]

This is a silly story. The debt goes up and down over short spans of time. The President doesn't have a whole lot of effect over the budget in the short term. A new President doesn't really have an appreciable impact on the budget for many months. Let's look at this same thing a year from now.

The following is the daily debt totals since January 1.

01/03/2017	19,935,025,589,392.85
01/04/2017	19,952,414,234,340.71
01/05/2017	19,948,472,988,335.19
01/06/2017	19,952,808,638,850.59
01/09/2017	19,955,343,885,377.73
01/10/2017	19,964,268,875,957.61
01/11/2017	19,951,756,200,280.98
01/12/2017	19,941,807,383,847.05
01/13/2017	19,940,614,376,504.40
01/17/2017	19,959,954,817,351.65
01/18/2017	19,961,467,137,973.64
01/19/2017	19,944,429,217,106.77
01/20/2017	19,947,304,555,212.49
01/23/2017	19,949,678,366,998.00
01/24/2017	19,958,089,555,359.83
01/25/2017	19,950,603,242,667.53
01/26/2017	19,939,908,790,870.48
01/27/2017	19,939,019,834,828.89
01/30/2017	19,939,760,263,983.42
01/31/2017	19,937,261,314,503.29
02/01/2017	19,900,037,472,787.26
02/02/2017	19,902,827,463,569.10
02/03/2017	19,885,875,150,544.45
02/06/2017	19,890,330,215,216.52
02/07/2017	19,895,763,669,170.06
02/08/2017	19,884,606,221,456.19
02/09/2017	19,922,335,630,306.69
02/10/2017	19,921,065,289,061.68
02/13/2017	19,924,218,517,074.52
02/14/2017	19,932,679,233,716.16
02/15/2017	19,937,364,595,503.01
02/16/2017	19,926,581,166,878.36
02/17/2017	19,932,504,874,101.46
02/21/2017	19,935,316,186,835.78
02/22/2017	19,935,880,851,981.06
02/23/2017	19,913,901,120,188.15
02/24/2017	19,930,147,891,686.72
02/27/2017	19,931,228,821,002.78
02/28/2017	19,959,593,604,841.58
03/01/2017	19,920,418,771,289.27
03/02/2017	19,894,958,569,032.98
03/03/2017	19,878,476,676,904.64
03/06/2017	19,883,012,984,069.89
03/07/2017	19,889,862,451,192.35
03/08/2017	19,879,149,018,877.55
03/09/2017	19,855,676,540,211.34
03/10/2017	19,853,618,720,466.05
03/13/2017	19,858,033,799,549.96
03/14/2017	19,902,604,401,637.92
03/15/2017	19,845,811,298,014.03
03/16/2017	19,846,045,559,411.81