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 dollar ‘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. Well it was reported last week that the Trump administration has erased 60 billion dollars from are National Debt, and as of now 40 billion dollars extra has now been erased from the National Debt. If this keeps up the Trump economy will mean two things for America, and that is millions of new jobs on top of a massive erasing of our nearly twenty trillion dollar debt. It looks like one of President Trump's main goal when it comes to the US economy could possibly be to remove Americas National Debt problem for good, but first Trump has to erase that doubling of the National Debt that President Obama created. The Trump economy has meant millions of new jobs, three trillion new dollars into the stock markets for investers, and an erasing of our National Debt not an increase...And yet idiots still complain about President Trump. Remember when the Washington Establishment and media claimed Trump would be bad for the economy, well those morons will never explain how in Trump's first two months as President how he has erased already ten percent of a trillion dollars from our major National Debt problem.
