Per the Us treasury.. it doesn't seem like much, but it's a start.

Quote:On January 20th, the day of the Trump Inauguration, the US Debt stood at $19,947 billion. On February 21st, a month later, the US Debt load stood at $19,935 billion. Trump cut the US Debt burden by $12 billion and 0.1% in his first month in office...

On January 20, 2017, the US debt was $19.947 billion.
On February 21, 2017, the US debt was $19,935 billion.

By comparison, under President Obama, the US Debt burden increased by more than $200 billion in his first month in office. Obama increased the US Debt by 2% in his first month 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’ did not kick in till later 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.

After the last 16 years of spending like a drunk sailor on shore leave, if this presidency is just debt neutral, he deserves a spot on Mt. Rushmore.

(02-23-2017 11:34 AM)rath v2.0 Wrote:  After the last 16 years of spending like a drunk sailor on shore leave, if this presidency is just debt neutral, he deserves a spot on Mt. Rushmore.

Not an accurate description. A drunken sailor stops once he runs out of money, the feds don't.

No, the national debt is not decreasing.

The current National Debt is $19.978 Trillion
It was $19.962 Trillion on inauguration day.

http://www.usdebtclock.org/

(02-23-2017 11:18 AM)DaSaintFan Wrote:  Per the Us treasury.. it doesn't seem like much, but it's a start.

Quote:On January 20th, the day of the Trump Inauguration, the US Debt stood at $19,947 billion. On February 21st, a month later, the US Debt load stood at $19,935 billion. Trump cut the US Debt burden by $12 billion and 0.1% in his first month in office...

On January 20, 2017, the US debt was $19.947 billion.
On February 21, 2017, the US debt was $19,935 billion.

By comparison, under President Obama, the US Debt burden increased by more than $200 billion in his first month in office. Obama increased the US Debt by 2% in his first month 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’ did not kick in till later 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.

He's done nothing yet that gives me any real hope on the debt... We will see..

(02-23-2017 03:21 PM)Redwingtom Wrote:  No, the national debt is not decreasing.

The current National Debt is $19.978 Trillion
It was $19.962 Trillion on inauguration day.

http://www.usdebtclock.org/

pathetic tom. he quoted directly from the U.S. treasury site. tables are right there in black and white.





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(02-23-2017 03:44 PM)Hood-rich Wrote:  

(02-23-2017 03:21 PM)Redwingtom Wrote:  No, the national debt is not decreasing.

The current National Debt is $19.978 Trillion
It was $19.962 Trillion on inauguration day.

http://www.usdebtclock.org/

pathetic tom. he quoted directly from the U.S. treasury site. tables are right there in black and white.





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Sorry, I'm trying to be nice. You guys don't know or understand what you're looking at. Those figures are not the national debt.

The national debt is not decreasing.

(02-23-2017 03:53 PM)Redwingtom Wrote:  Sorry, I'm trying to be nice. You guys don't know or understand what you're looking at. Those figures are not the national debt.

The national debt is not decreasing.

but the debt clock site is a more accurate calculation. please educate us oh wise one.

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The figure is just the federal debt. It's a US Treasury figure and it will sometimes decrease. It doesn't include agency debt nor the unfunded liabilities of entitlement programs like Social Security and Medicare.

Agency Debt
That’s the amount of debt outstanding issued by federal agencies (such as FHLB and GNMA) and government-sponsored enterprises (such as Fannie Mae and Freddie Mac).

Up to now, Agency Debt has not been included in the total debt of the United States government as published by the United States Department of the Treasury.
http://www.usgovernmentdebt.us/federal_debt_chart

Quote:Why does the debt sometimes decrease?

The Public Debt Outstanding decreases when there are more redemptions of Treasury securities than there are issues.

https://www.treasurydirect.gov/govt/reso...icdebt.htm

As you see from this chart, the federal debt will swing from day to day. It was actually down to 19.884 on February 8th, and was up to 19.935 as of yesterday.

Regardless, Trump has not done anything to change any of these figures yet. He's changed no tax policy nor has he altered any spending policy. These figures are all the result of prior budgets.

Sorry, it just doesn't work that way.

(02-23-2017 04:43 PM)Redwingtom Wrote:  The figure is just the federal debt. It's a US Treasury figure and it will sometimes decrease. It doesn't include agency debt nor the unfunded liabilities of entitlement programs like Social Security and Medicare.

Agency Debt
That’s the amount of debt outstanding issued by federal agencies (such as FHLB and GNMA) and government-sponsored enterprises (such as Fannie Mae and Freddie Mac).

Up to now, Agency Debt has not been included in the total debt of the United States government as published by the United States Department of the Treasury.
http://www.usgovernmentdebt.us/federal_debt_chart

Quote:Why does the debt sometimes decrease?

The Public Debt Outstanding decreases when there are more redemptions of Treasury securities than there are issues.

https://www.treasurydirect.gov/govt/reso...icdebt.htm

As you see from this chart, the federal debt will swing from day to day. It was actually down to 19.884 on February 8th, and was up to 19.935 as of yesterday.

Regardless, Trump has not done anything to change any of these figures yet. He's changed no tax policy nor has he altered any spending policy. These figures are all the result of prior budgets.

Sorry, it just doesn't work that way.

DANG, he's smart! LOL

(02-23-2017 04:43 PM)Redwingtom Wrote:  The figure is just the federal debt. It's a US Treasury figure and it will sometimes decrease. It doesn't include agency debt nor the unfunded liabilities of entitlement programs like Social Security and Medicare.

Agency Debt
That’s the amount of debt outstanding issued by federal agencies (such as FHLB and GNMA) and government-sponsored enterprises (such as Fannie Mae and Freddie Mac).

Up to now, Agency Debt has not been included in the total debt of the United States government as published by the United States Department of the Treasury.
http://www.usgovernmentdebt.us/federal_debt_chart

Quote:Why does the debt sometimes decrease?

The Public Debt Outstanding decreases when there are more redemptions of Treasury securities than there are issues.

https://www.treasurydirect.gov/govt/reso...icdebt.htm

As you see from this chart, the federal debt will swing from day to day. It was actually down to 19.884 on February 8th, and was up to 19.935 as of yesterday.

Regardless, Trump has not done anything to change any of these figures yet. He's changed no tax policy nor has he altered any spending policy. These figures are all the result of prior budgets.

Sorry, it just doesn't work that way.

So you're a software engineer and...economic expert? What aren't you an expert on?

I'm not a software engineer nor an economic expert. But I do know how to read and comprehend things from time to time.

It doesn't take a genius to understand.

We have debt.
We have a currently growing budget deficit, so we spend more than we take in.
We have continual obligations to pay interest on our outstanding loans.

Short of defaulting and refusing to pay our debts, there is no way to reduce our national debt until we have a budget surplus.

Unless you can find a way to defy math, our National Debt will continue to increase.

Sorry, that's just how it works.

This is nothing earth shattering. The debt typically goes down slightly near the end of the first month of each quarter, because that's when a lot of tax payments come in. Didn't happen for Obama because tax payments were down due to the recession, plus welfare and other payments were up for the same reason. Don't go spiking any footballs or getting any panties in a wad.

(02-23-2017 05:20 PM)DefCONNOne Wrote:  

(02-23-2017 04:43 PM)Redwingtom Wrote:  The figure is just the federal debt. It's a US Treasury figure and it will sometimes decrease. It doesn't include agency debt nor the unfunded liabilities of entitlement programs like Social Security and Medicare.

Agency Debt
That’s the amount of debt outstanding issued by federal agencies (such as FHLB and GNMA) and government-sponsored enterprises (such as Fannie Mae and Freddie Mac).

Up to now, Agency Debt has not been included in the total debt of the United States government as published by the United States Department of the Treasury.
http://www.usgovernmentdebt.us/federal_debt_chart

Quote:Why does the debt sometimes decrease?

The Public Debt Outstanding decreases when there are more redemptions of Treasury securities than there are issues.

https://www.treasurydirect.gov/govt/reso...icdebt.htm

As you see from this chart, the federal debt will swing from day to day. It was actually down to 19.884 on February 8th, and was up to 19.935 as of yesterday.

Regardless, Trump has not done anything to change any of these figures yet. He's changed no tax policy nor has he altered any spending policy. These figures are all the result of prior budgets.

Sorry, it just doesn't work that way.

So you're a software engineer and...economic expert? What aren't you an expert on?

He can't pick up anything with his toes...

(02-23-2017 01:47 PM)Kaplony Wrote:  

(02-23-2017 11:34 AM)rath v2.0 Wrote:  After the last 16 years of spending like a drunk sailor on shore leave, if this presidency is just debt neutral, he deserves a spot on Mt. Rushmore.

Not an accurate description. A drunken sailor stops once he runs out of money, the feds don't.

Plus he mistyped "85" as "16".

(02-23-2017 03:53 PM)Redwingtom Wrote:  Sorry, I'm trying to be nice. You guys don't know or understand what you're looking at. Those figures are not the national debt.

The national debt is not decreasing.

You sound happy at that. Im not.

Disregarding Redwingtom's fully legitimate assertion that the debt isn't decreasing...

You mean to tell me, that in one month a president that has spent more time golfing, tweeting, insulting federal agencies and allies, and watching Fox News, on a 9-5 schedule, than any actual administrative and executive work, has somehow managed to drop the debt by some estimated billions of dollars?

Or, as is more likely, it's more a matter of timing (as Owl mentioned), or *GASP* an effect of Obama directives carrying over from last year?

(02-23-2017 03:47 PM)UTSAMarineVet09 Wrote:  

(02-23-2017 03:44 PM)Hood-rich Wrote:  

(02-23-2017 03:21 PM)Redwingtom Wrote:  No, the national debt is not decreasing.

The current National Debt is $19.978 Trillion
It was $19.962 Trillion on inauguration day.

http://www.usdebtclock.org/

pathetic tom. he quoted directly from the U.S. treasury site. tables are right there in black and white.





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You were saying?

(02-23-2017 11:24 PM)Fo Shizzle Wrote:  

(02-23-2017 03:53 PM)Redwingtom Wrote:  Sorry, I'm trying to be nice. You guys don't know or understand what you're looking at. Those figures are not the national debt.

The national debt is not decreasing.

You sound happy at that. Im not.

No. I'm not.

And what upsets me more is that with nearly everything he's proposed so far, when run by the experts, works out to increasing the debt by trillions. Yet the conservatives here want to just ignore that.