Sunday, August 20, 2017

Fun Factoids

Jim Hoff at The Gateway Pundit reports two fun factoids, which he mined from the U.S. Treasury's TreasuryDirect website.
When President Trump was inaugurated on January 20, 2017 the amount of US Federal Debt owed both externally and internally was over $19 Trillion at $19,947,304,555,212. As of August 17th the amount of US Debt had decreased by more than $100 Billion to $19,845,188,460,167.

No President in US history has ever cut the amount of US Debt by this amount and no President has resided over a debt cut like this ever.

The last time the US Federal Government had a debt decrease between years was when Republican Eisenhower was President in 1957 and 1958. He cut the amount of US Debt by $2 Billion each year from $274 Billion in 1956 to $273 Billion in 1957 and again to $271 Billion in 1958.
No wonder the 'Deep State' is frantic. Trump has them on a diet, having cut their allowance.