Economy

US DEBT DOWN $100 BILLION IN FIRST 2 MONTHS!

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Stunning difference between Obama and Trump will have Democrats shutting up hard.

During Obama’s eight years in office, he increased the American debt by $400 billion dollars. Trump has been in office for a mere two months and has managed to decrease it by $100 billion. Already proving he will fix all of Obama’s catastrophic mistakes.

Via The Gateway Pundit:

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!

By comparison, under President Obama, the US Debt burden increased by more than $400 billion after his inauguration through March 19th, 2009, his first two months in office. Obama increased the US Debt by 3.9% during this time period and signed the trillion dollars ‘Stimulus’ bill which is widely considered a colossal failure and waste of US tax dollars as well. The failed ‘Stimulus’ was the major piece of legislation 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.

Trump is making America great again!

About Contrarian American

3 Comments

  1. Robert J. Bull

    March 20, 2017 at 12:54 pm

    According to the numbers in the chart the figures are trillions not billions. Someone’s calculator needs charging.

    • Robert Brown

      March 26, 2017 at 9:40 am

      Yes, the total debt is in trillions, but the changes for both Owebama and Trump are 400 billion and -100 billion respectively.

  2. Walter Euler Sr

    March 25, 2017 at 10:32 am

    If I am not mistaken, Obama increased the debt by about ten Trillion Dollars during his wasteful time in Office.
    News media should explain better in writing their reports.

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