More BS from the Trump today Regarding the national debt.
#Bali World #News -
He say "On January 20th, the day of the Trump Inauguration, the US Debt stood at $19,947 billion. On February 21st, a month later, the US Debt load stood at $19,935 billion. Trump cut the US Debt burden by $12 billion and 0.1% in his first month in office!"
As you can see from the second by second national debt clock http://www.usdebtclock.org/ the current debt is $19,979,059,504. A increase of over $31,000,000 or 1.5 % or annualized 19 % increase.
Therefore, it has not decreased while he's been in power, but increased so the Trump is not telling the truth, again.
No wonder he does not want to attend the Traditional press banquet offered to all new presidents because after the truth comes out he will be embarrassed .
Not only that, there's no question my mind that in the next 4-8 weeks America's national debt will cross the barrier of $20 trillion and every American will be over $64,000 in debt.
Unless there's a miracle the United States of America will be over $20 trillion in depth in the next couple months which means every American will be almost $65,000 in debt.
The biggest debtor is China and Trump keeps making statements to upset them.
If they have been pulling money out of America as they have the last couple years at rapid pace guess what America, you will be bankrupt.
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President Donald Trump reduced the US Debt burden in his first month in office!
On January 20th, the day of the Trump Inauguration, the US Debt stood at $19,947 billion. On February 21st, a month later, the US Debt load stood at $19,935 billion. Trump cut the US Debt burden by $12 billion and 0.1% in his first month in office!
On January 20, 2017, the US debt was $19,947 billion.
On February 21, 2017, the US debt was $19,935 billion.
By comparison, under President Obama, the US Debt burden increased by more than $200 billion in his first month in office. Obama increased the US Debt by 2% in his first month and signed the trillion dollar ‘Stimulus’ bill which is widely considered a colossal failure and waste of US tax dollars as well. The failed ‘Stimulus’ did not kick in till later in Obama’s first year leading to Obama’s first year deficit of $1.4 trillion. Overall Obama doubled the US Debt during his Presidency and set records for highest deficits and the largest debt increase by any President ever.
With Trump the stock market is up and debt is down – Winning, Winning, Winning!
Update: President Trump Tweeted the Numbers from our Post Saturday morning:
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