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In Just 2 Months, Trump Reduced National Debt Enough to Pay for Wall

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+15 more 
posted on Jun, 8 2018 @ 12:15 PM
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According to the U.S. Treasury ledgers, the U.S. Debt has actually fallen !!!

Despite the rumblings and concoctions manufactured by the MSM.

Frome April 2nd to June 1st, the debt fell $36 billion !!

Hmmmm. Must be some creative bookkeeping eh.


MAGA: In Just 2 Months, Trump Reduced National Debt Enough to Pay for Wall

According to a daily history of the national debt compiled by Treasury Direct, the national debt stood at $21,119,428,167,134.32 on April 2.

That amount fluctuated for several days before dropping substantially to a low point of $21,030,629,980,055.97 on May 1, prior to increasing somewhat, quite possibly the result of tax revenues flooding into the treasury over the course of the month.

As of June 1, the national debt stood at $21,083,101,841,090.82, a difference of $36.3 billion.

The national debt is known to fluctuate slightly from time to time from a myriad of factors, and though the president’s detractors would be loath to admit it, there is little doubt that Trump’s economic policies have played a role in this admittedly marginal reduction of the debt.

That said, $36 billion is not an amount that can be dismissively waved away, and signifies real money that could be used to fund other initiatives of the president that Congress seems incapable of funding.





+6 more 
posted on Jun, 8 2018 @ 12:23 PM
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before dropping substantially to a low point of $21,030,629,980,055.97 on May 1,


How does that pay for anything? We are still buried in debt.



posted on Jun, 8 2018 @ 12:25 PM
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Get ready for the "nothing to see here crowd", after all it just doesn't fit their narrative. Their Narrative - Anti USA everything - From Potus on down till you get to a discussion on Dems.



posted on Jun, 8 2018 @ 12:25 PM
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a reply to: SeaWorthy

It's hypothetical and better than nothing.. Good job, Trump!



posted on Jun, 8 2018 @ 12:33 PM
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a reply to: xuenchen

It sounds great but this is like me spending one less penny at the end of the year.
Hard to get overly excited.


+2 more 
posted on Jun, 8 2018 @ 12:37 PM
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originally posted by: Bluntone22
a reply to: xuenchen

It sounds great but this is like me spending one less penny at the end of the year.
Hard to get overly excited.


That is true. It's very hard to get excited about this when the overall debt is still higher than the previous year and looks to continue to climb.

The source appears to have cherry-picked a very specific time frame to push this narrative, without looking at the situation in its entirety.



posted on Jun, 8 2018 @ 12:39 PM
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a reply to: xuenchen

36 Billion? When was the last time that happened? That's many many times Trump's personal wealth.

Why is it that Trump gets poorer as the USA becomes richer? 😒



posted on Jun, 8 2018 @ 12:40 PM
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a reply to: xuenchen

Hmmmm

36,300,000,000/21,119,428,167,134.32==

0.00171879653713%

Lol k. Good job??



posted on Jun, 8 2018 @ 12:40 PM
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Drop in the ocean



posted on Jun, 8 2018 @ 12:41 PM
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a reply to: xuenchen

Is this verified on anywhere else besides truepundit?


mediabiasfactcheck.com...






CONSPIRACY-PSEUDOSCIENCE

Sources in the Conspiracy-Pseudoscience category may publish unverifiable information that is not always supported by evidence. These sources may be untrustworthy for credible/verifiable information, therefore fact checking and further investigation is recommended on a per article basis when obtaining information from these sources. See all Conspiracy-Pseudoscience sources.



posted on Jun, 8 2018 @ 12:43 PM
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a reply to: xuenchen

That's not really how national debt works. In fact, the debt cannot have reduced because there's still a deficit.



posted on Jun, 8 2018 @ 12:45 PM
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And btw. look at the numbers chart.

what numbers are they comparing?




Date Debt Held by the Public Intragovernmental Holdings Total Public Debt Outstanding
05/07/2018 15,332,140,579,833.99 5,712,026,059,742.74 21,044,166,639,576.73
06/06/2018 15,425,885,426,743.22 5,676,467,447,251.19 21,102,352,873,994.41



posted on Jun, 8 2018 @ 12:45 PM
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a reply to: grey580

Links right in the article.

Right to .gov

Astonishing !!

😃👁😲


+5 more 
posted on Jun, 8 2018 @ 12:47 PM
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a reply to: xuenchen

How much did he reduce Mexico's' debt because they are the ones who are supposed to be paying for the wall.
REMEMBER ? ? ?



posted on Jun, 8 2018 @ 12:47 PM
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originally posted by: Aazadan
a reply to: xuenchen

That's not really how national debt works. In fact, the debt cannot have reduced because there's still a deficit.


"elementary my dear watson !!
but where's the explanation?"



posted on Jun, 8 2018 @ 12:49 PM
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a reply to: xuenchen

April is usually a pretty good month revenue wise for Uncle Sam isnt it?



posted on Jun, 8 2018 @ 12:50 PM
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originally posted by: Sillyolme
a reply to: xuenchen

How much did he reduce Mexico's' debt because they are the ones who are supposed to be paying for the wall.
REMEMBER ? ? ?


We need to investigate the Mexico government ledgers !!





posted on Jun, 8 2018 @ 12:52 PM
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originally posted by: Sillyolme
a reply to: xuenchen

April is usually a pretty good month revenue wise for Uncle Sam isnt it?


Especially with more revenue from more jobs and higher wages !!

🎀
"It is one thing to say that something should be done, but quite a different matter to do it"


+8 more 
posted on Jun, 8 2018 @ 12:52 PM
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a reply to: xuenchen

Cherry picking arbitrary time frames is fun. When Trump was inaugurated, the national debt was $19,947,304,555,212.49. Six months later, Trump supporting pundits were doing what you're doing here, applauding a drop of about $100 billion over six months.

Not surprisingly, they didn't follow up with a story six months later to point out that despite the drop over the first six months, a year after Trump took office the national debt had actually increased to $20,493,342,622,878.63 — an increase of $546 billion dollars.

And what is it now? $21,102,352,873,994.41? So Trump has added $1.1 trillion to the national debt in under 18 months?



posted on Jun, 8 2018 @ 12:55 PM
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Text
a reply to: theantediluvian

Please do Obamas numbers lol. I bet you dont wanna talk about that.


Barack Obama -- Under President Obama, the national debt grew the most dollar-wise. He added $7.917 trillion, a 68 percent increase, in seven years. This was the fifth-largest increase percentage-wise. Obama's budgets included the economic stimulus package. It added $787 billion by cutting taxes, extending unemployment benefits, and funding public works projects. The Obama tax cuts added $858 billion to the debt in two years.


lol. So Trump wins again..

www.thebalance.com...
edit on 8-6-2018 by notsure1 because: (no reason given)




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