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progree

(10,901 posts)
4. Thanks to Pacifist Patriot in another thread -- citing the Washington Post:
Sat Feb 25, 2017, 11:48 AM
Feb 2017
http://www.democraticunderground.com/10028707073#post2

"Comparing Jan. 20 to Feb. 20 of each year, the figures are more like $15 billion and $212 billion. This generally isn't a metric used to evaluate presidents, since they have little influence on the first months of their presidencies. Obama, for example, inherited the financial crisis, and signed a stimulus package that went into effect in mid-February. Anyway, this difference stemmed not from public debt but from intragovernmental holdings. And there is one sense in which the media talked about this: Herman Cain mentioned it on Fox News shortly before Trump's tweet."

I love their Twitter Add-on that fact checks his bullshit and provides broader context!


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I'd add that there is considerable month to month fluctuation in the debt change numbers, including months with debt reduction even though the debt increase for the year is in the hundreds of millions.

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