President Trump and his administration are working hard to undo the damage Obama did before him.
There were a lot of redundant debts that Trump never continued. Many people left, and Trump just didn’t fill their positions…this will make a difference.
Tax overhaul will complete the job of decreasing the deficit..Less Government, more jobs in Private sector…
According the U.S. Treasury’s direct record, a surprising amount of money has been saved over the course of seven months.
On January 20th, the day Trump was inaugurated, the total debt was $19,947,304,555,212.49.
On July 30th, seven short months later, it’s at $19,844,938,940,351.37.
Overall the debt has decreased by $102,365,614,861.12.
This is like PM Harper before in Canada! When Trudeau the idiot and his gang of Liberals took over, we were going down because the idiot said, hopefully the budget will balance by itself!
Now Canada is going deeper in debt! And the idiot even paid their terrorist criminal Khadr who killed an American for $10M with an apology! Isn’t he truly an idiot playing like Obama! I hope Trump will slap the idiot!
Lower deficit has quite the opposite effect. It causes higher unemployment, not lower.
Unemployment is an indicator that the government is pulling too many resources from the economy, i.e too much tax for the level of spending. The deficit has to be high enough to offset imports and accommodate private savings. This is a math thing, not a matter of opinion.
Trump just found and stopped hundreds of millions going to programs long since expired or of no use, and as he drains the swamp of all this theft and the congress making money, becoming millionaires on kickbacks and overflow, we will see a big difference.
Give ’em time, the swamp is huge. There are some cagey republicans in those muddy waters too.