President Trump Decreases the Debt to GDP Ratio in His First Year in Office – First Time in 50 Years

[Steve_McGarrett]

This is winning of epic proportions. It's making America great again. It's the blessing of having a president who understands business and their potential to prosper when you remove smothering regulations on them. It will only get better.

It's Official=> President Trump Decreases the Debt to GDP Ratio in His First Year in Office – First Time in More than 50 Years!

 

[ColonelAngus]

That is just Obama’s policies kicking in 9 years after he took office...just like he planned and told us.

Didn’t he tell us all of his policies would help the economy after he left office?

 

[TheOldSchool]

Why doesn't the article mention Trump's astonishing first-year 2.3% GDP growth?

 

[Dschrute3]

Trump's on a roll.

 

[depotoo]

Why doesn't the article mention Trump's astonishing first-year 2.3% GDP growth?

Let’s look at that, shall we?-


The Bureau emphasized that the fourth-quarter advance estimate released today is based on source
data that are incomplete or subject to further revision by the source agency (see "Source Data for the
Advance Estimate" on page 3). The "second" estimate for the fourth quarter, based on more complete
data, will be released on February 28, 2018.

...
2017 GDP

Real GDP increased 2.3 percent in 2017 (that is, from the 2016 annual level to the 2017 annual level),
compared with an increase of 1.5 percent in 2016 (table 1).

The increase in real GDP in 2017 primarily reflected positive contributions from PCE, nonresidential fixed
investment, and exports. Imports, which are a subtraction in the calculation of GDP, increased (table 2).

The acceleration in real GDP from 2016 to 2017 reflected upturns in nonresidential fixed investment and
in exports and a smaller decrease in private inventory investment. These movements were partly offset
by decelerations in residential fixed investment and in state and local government spending. Imports,
which are a subtraction in the calculation of GDP, accelerated.

Current-dollar GDP increased 4.1 percent, or $762.3 billion, in 2017 to a level of $19,386.8 billion,
compared with an increase of 2.8 percent, or $503.8 billion, in 2016 (table 1 and table 3).

The price index for gross domestic purchases increased 1.8 percent in 2017, compared with an increase
of 1.0 percent in 2016 (table 4). The PCE price index increased 1.7 percent, compared with an increase
of 1.2 percent. Excluding food and energy prices, the PCE price index increased 1.5 percent, compared
with an increase of 1.8 percent (appendix table A).

During 2017 (measured from the fourth quarter of 2016 to the fourth quarter of 2017), real GDP
increased 2.5 percent, compared with an increase of 1.8 percent during 2016. The price index for gross
domestic purchases increased 1.9 percent during 2017, compared with an increase of 1.4 percent during
2016 (table 7).

News Release: Gross Domestic Product

 

[Eaglewings]

Do you have anything other than Gateway Putin.. ?


.

 

[BrokeLoser]

Do you have anything other than Gateway Putin.. ?


.

Haha....I’ve noticed this play has become quite popular amongst the Leftside Loons....they now beg for a source to the source of the source....haha...desperate fucking pukes.

 

[DrLove]

Do you have a better source Steve?

 

[DrLove]

Do you have anything other than Gateway Putin.. ?

I Googled it - No, not really unless you're into OrlyTaitz.com, WhiteNations.com, WorldNutDaily and every RW blog on the planet linking back to Gateway Pundit
The echo chamber IOW
President Trump Decreases the Debt to GDP Ratio in His First Year in Office – First Time in 50 Years

 

[Aldo Raine]

Why doesn't the article mention Trump's astonishing first-year 2.3% GDP growth?

Because it is The Gateway Pundent!

 

[Billy_Bob]

Had the left wing tards taken the time to look into the article they would have found that the numbers come from the federal governments reports. But Good news for Trump and the american people must be derided at all costs even if you have to make shit up to do it...

 

[Eaglewings]

Do you have anything other than Gateway Putin.. ?


.

Haha....I’ve noticed this play has become quite popular amongst the Leftside Loons....they now beg for a source to the source of the source....haha...desperate fucking pukes.

Well, can you provide a good link that it was Trump..Haa ..?

Causes

The Truth Division, a conservative, openly pro-Trump web site, clearly attributes this decline in the national debt to the president, claiming he and his administration are “undoing the government’s rampant spending” and “keeping his promises regarding fiscal responsibility”. However, the article does not cite any examples of actions taken by Donald Trump which would support this conclusion.


FACT CHECK: Has the National Debt Fallen by $102 Billion Since Donald Trump's Inauguration?

 

[Billy_Bob]

Why doesn't the article mention Trump's astonishing first-year 2.3% GDP growth?

Because it is The Gateway Pundent!

Kind of like MSDNC and CNN who lie about everything devoid of facts..

 

[Aldo Raine]

Why doesn't the article mention Trump's astonishing first-year 2.3% GDP growth?

Because it is The Gateway Pundent!

Kind of like MSDNC and CNN who lie about everything devoid of facts..

Agreed!

 

[Steve_McGarrett]

Do you have a better source Steve?

Yes, will the government source the Gateway Pundit used be sufficient? If you have any reading comprehension skills, you would notice they included the source links.

Dept. Of Commerce
News Release: Gross Domestic Product


Debt to the Penny (Daily History Search Application)

 

[easyt65]

This is winning of epic proportions. It's making America great again. It's the blessing of having a president who understands business and their potential to prosper when you remove smothering regulations on them. It will only get better.

It's Official=> President Trump Decreases the Debt to GDP Ratio in His First Year in Office – First Time in More than 50 Years!

Snowflakes will attack anyone in denial ofaind in trying to convince everyone this is not true / is bad for Ameria.

 

[BrokeLoser]

Do you have a better source Steve?

Yes, will the government sources the Gateway Pundit used be sufficient? If you have any reading comprehension skills, you would notice they included the source links.

Dept. Of Commerce
News Release: Gross Domestic Product

Dept. Of Treasury
Debt to the Penny (Daily History Search Application)

Haha....I’ve noticed this play has become quite popular amongst the Leftside Loons....they now beg for a source to the source of the source....haha...desperate fucking pukes.

 

[Billy_Bob]

Do you have anything other than Gateway Putin.. ?


.

Haha....I’ve noticed this play has become quite popular amongst the Leftside Loons....they now beg for a source to the source of the source....haha...desperate fucking pukes.

Well, can you provide a good link that it was Trump..Haa ..?

Causes

The Truth Division, a conservative, openly pro-Trump web site, clearly attributes this decline in the national debt to the president, claiming he and his administration are “undoing the government’s rampant spending” and “keeping his promises regarding fiscal responsibility”. However, the article does not cite any examples of actions taken by Donald Trump which would support this conclusion.


FACT CHECK: Has the National Debt Fallen by $102 Billion Since Donald Trump's Inauguration?

Right to left wing propaganda sites... Snoopes and Politofact...

 

[DrLove]

Why doesn't the article mention Trump's astonishing first-year 2.3% GDP growth?

Because it is The Gateway Pundent!

Kind of like MSDNC and CNN who lie about everything devoid of facts..

Yeah the GDP growth under Trump has been TERRIFIC!

GDP Growth
Another one of Trump’s frequent economic boasts is about Gross Domestic Product growth. GDP is the broadest measure of an economy. With each quarterly estimate Trump brags the GDP has grown at never before seen rates.

“We were at 3.2 last quarter, but we were at 3. And to be at 3 with a 1 point, that would have meant we would have hit 4 or thereabouts. And those are numbers that have not been seen for many years,” he said on Oct. 31 after the release of second quarter numbers.

Never mind that most economists think 4 percent growth is unlikely in a developed economy — or that quarterly GDP growth has often topped 3 percent during Obama’s presidency.

Trump didn't get his 3%-plus economic growth for 2017, after all
The Trump economy is no great success
U.S. economic growth slowed in 2017’s fourth quarter, missing Trump’s targets

 

[DrLove]

Haha....I’ve noticed this play has become quite popular amongst the Leftside Loons....they now beg for a source to the source of the source....haha...desperate fucking pukes.

You consider Gateway Pundit and their made up, unsourced stories to be reliable?
Okay - guess they're as good as your graphs anyway