Trump On A Roll!: US Debt Decreases More Than $60 Billion Since Inauguration...

Discussion in 'Political Satire' started by Dschrute3, Mar 10, 2017.

  1. Dschrute3
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    Dschrute3 Gold Member

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    More great news for America. Not so great news for Democrat Trump-Haters.

    Amazing: US Debt Decreased by More Than $60 Billion Since Trump Inauguration

    On January 20th, the day of the Trump Inauguration, the US Debt stood at $19,947 billion. On March 8th, more than a month later, the US Debt load stood at $19,879 billion. Trump has cut the US Debt burden by $68 billion and 0.3% in since his inauguration!

    By comparison, under President Obama, the US Debt burden increased by more than $320 billion after his inauguration through March 8th 2009. Obama increased the US Debt by 3.1% during this time period 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...

    More:
    Amazing: US Debt Decreased by More Than $60 Billion Since Trump Inauguration
    DRUDGE REPORT 2017®


     
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  2. IcebergSlim
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    IcebergSlim BANNED

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    Does Drudge go on to explain what Trump has done to deserve credit?

    Doesn't this actually show the vast improvement in the nation's fortunes under the POTUS whose great work you have worked so assiduously to undermine?
     
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  3. JakeStarkey
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    JakeStarkey Diamond Member Supporting Member

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    Country in a massive recession vs. country in a four year economic resurgence.

    Trump should have cut it more.
     
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    Last edited: Mar 10, 2017
  4. Dschrute3
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    Dschrute3 Gold Member

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    Come on now, that's just butthurt gibberish.
     
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  5. Dschrute3
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    Dschrute3 Gold Member

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    Ha, good news is 'bad news' for you poor miserable Trump-Haters. What if he's in there for 8yrs? Y'all haters are completely flucked. :laugh:
     
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  6. JakeStarkey
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    JakeStarkey Diamond Member Supporting Member

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    iceberg slam dunked over dschrute.

    iceberg ahead by 18 points in the first 13 seconds.
     
  7. waltky
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    waltky Wise ol' monkey Supporting Member

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    Granny says, "Dat's right...

    ... dat's part o' the Donald...

    ... Makin' America Great Again."
     
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  8. IcebergSlim
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    IcebergSlim BANNED

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    the trillion dollar ‘Stimulus’ bill which is widely considered a colossal failure and waste of US tax dollars as well.

    by whom?

    Let’s start with Obama’s stimulus. The standard Republican talking point is that it failed, meaning it didn’t reduce unemployment. Yet in a survey of leading economists conducted by the University of Chicago’s Booth School of Business, 92 percent agreed that the stimulus succeeded in reducing the jobless rate. On the harder question of whether the benefit exceeded the cost, more than half thought it did, one in three was uncertain, and fewer than one in six disagreed.


    The U.S. Economic Policy Debate Is a Sham

    The real economy also responded to the massive stimulus but remained heavily dependent on it. In the United States, growth during the second half of 2009 probably averaged about 3 percent. Absent temporary fiscal stimulus and inventory rebuilding, which taken together added about 4 percentage points to U.S. growth, the economy would have contracted at about a 1 percent annual rate during the second half of 2009.


    The Year Ahead

    These are the opinions of ECONOMISTS.....what does Hoft do for a living? Shears sheep from the looks of it..

    The failed ‘Stimulus’ did not kick in till later

    This is why Hoft is a fucking imbecile....if it "failed" then what "kicked in"?

    in Obama’s first year leading to Obama’s first year deficit of $1.4 trillion.

    Please pass the word to all your fellow morons...FY2009 began Oct 1, 2008.....DO YOU THINK YOU PEOPLE CAN REMEMBER THIS?

    Overall Obama doubled the US Debt during his Presidency
    Uh....no.....the Debt doubled, but the vast bulk of that increase is the Legacy of Supply Side Idiocy, Part Deux....It is something economists call "Structural Deficit"...They wouldn't have had reason to cover it in your Home Ec courses...

    and set records for highest deficits
    No....the highest deficit was that of FY 2009.....do you remember what you were told a few seconds ago about who submitted the WH budget proposal for FY 2009?


    and the largest debt increase by any President ever...

    EVERY president establishes that record.......nominally....

    on a RELATIVE basis, Reagan's TRIPLING remains the outlier....
     
  9. Dschrute3
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    Dschrute3 Gold Member

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    :thup:
     
  10. IcebergSlim
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    IcebergSlim BANNED

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    What part in particular?

    Brace yourself, cause I don't truck in Drudge fed Bold Assertions.....
     

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