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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: zzpat who wrote (1039292)11/17/2017 4:10:52 PM
From: locogringo1 Recommendation

Recommended By
FJB

  Read Replies (3) | Respond to of 1572605
 
Did you know the debt doubled under Bush after he promised to balance the budget and pay down all the debt?

FAKE. Please educate yourself and grow up.

Do you think Franken should step down with Menendez and Hillary should be locked up with Comey the traitor?

Do you have any value to society? Do you contribute anything?



To: zzpat who wrote (1039292)11/17/2017 5:54:45 PM
From: Tenchusatsu2 Recommendations

Recommended By
FJB
locogringo

  Read Replies (1) | Respond to of 1572605
 
Zzpat,
Did you know the debt doubled under Obama after he promised to balance the budget and pay down all the debt?
Fixed.

Tenchusatsu



To: zzpat who wrote (1039292)11/18/2017 9:46:56 AM
From: longnshort2 Recommendations

Recommended By
FJB
locogringo

  Read Replies (2) | Respond to of 1572605
 
President Trump Accomplishes the Impossible: Reduces Debt to GDP Ratio by 1% His First Year in Office
1 The Gateway Pundit by Jim Hoft


President Trump’s policies have decreased the Debt to GDP ratio by 1% while at the same time the Atlanta Fed announced yesterday that the 4th Quarter GDP estimates have increased by 0.2% to 3.4%. Since his inauguration President Trump has focused his efforts on the security of the country and on the prosperity of its economy. The results of his actions are taking shape.

The US GDP has increased each quarter in 2017 with the 3rd Quarter GDP increasing to $19.496 trillion – the highest GDP for any country in world history.

On the other hand, the President has curtailed US spending. The result is that the US Debt to GDP ratio has decreased year to date from 105% to 104%.

No President in more than 50 year years has decreased the Debt to GDP ratio in his first year in office by more than 1%. The last President to do so was Nixon in 1969. Presidents Reagan and George W. Bush decreased the Debt to GDP ratio in their first years in office but by less than 1%. President Obama increased the Debt to GDP ratio his first year in office by 15% and by 37% over his eight years in office.



In related news the Atlanta Fed announced that the 4th Quarter US GDP estimates have increased from 3.2% to 3.4%. This increase in GDP would make the GDP increase for the year near 3%, something that hasn’t occurred in more than 10 years.

The post President Trump Accomplishes the Impossible: Reduces Debt to GDP Ratio by 1% His First Year in Office appeared first on The Gateway Pundit.