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Numbers Are in: Trump Slashes 12 Billion in Debt in His First Month

Thursday, February 23, 2017 15:36
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(Before It's News)

http://google.com/safebrowsing/diagnostic?tpl=safari&site=theblacksphere.net&hl=en-us NUMBERS ARE IN: Trump SLASHES 12 BILLION in Debt IN HIS FIRST MONTH Does anybody remember what Obama saved America in his month? No, because he didn’t do it. Obama ADDED over $200 billion in debt to America in his first month.

trump slashes 12 billion
 
Moreover, I remember a story where the media fawned all over baby black Jesus, because he saved us $1,000,000 in some BS publicity stunt.
 
In the time it took the press to write about it, Obama had spent another $5 billion or so. But now we get REAL fiscal responsibility, and not the “Affirmative Action” version.
According to Treasury Direct,

On January 20th, the day of the Trump Inauguration, the US Debt stood at $19,947 billion. A month later, on February 21, the US Debt load stood at $19,935 billion. That represents 0.1 percent less.

Now let’s take a look at Obama’s performance during the same period:

Under President Obama, the US Debt burden increased by more than $200 billion in his first month in office. 

Obama first 100 days

Obama increased the US Debt by 2 percent in his first month.

Remember that Obama put into law the trillion dollar ‘Stimulus’ bill. Most economists have declared the Stimulus bill anything but stimulating.

The failed ‘Stimulus’ did not kick in until later in Obama’s first year, and led to a year one deficit of $1.4 trillion. Further, as has been well documented, Obama doubled the debt during his presidency.

Obama set records for highest deficits and the largest debt increase by any president, a fitting legacy.

These are the numbers, and the facts. Obama was reckless, to say the least.

Imagine what $12 billion can do when it’s not wasted on nonsense.



Source: http://theblacksphere.net/2017/02/trump-slashes-12-billion-debt-first-month/

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  • I wish that was 12 Trillion ! Obama spent like a sailor on shore leave for eight years ! He has a long way to go, but something it’s better than nothing I suppose. Fasten your seat belts ladies and gentlemen, the ride may get rougher from here on out and the runway is not on the radar yet.

  • 12 billion? Big whoop. Wait until it’s all said and done. There is no reversing the out of control government spending – Trump is not the savior of our nation, he is a wolf in sheep’s clothing. Is there anyone left who can discern the spirits of men?

    • evidently not you

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