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Trump reduces national debt by 12b his first month in office

#12

Just another great example of how a lie gets halfway around the world before the truth can get its pants on. 

 

http://www.politico.com/story/2017/02/tr...nec-235396

 

"Keith Hennessey, who was appointed by President George W. Bush, wrote in his hypothetical memo to Congress that Trump was technically correct that the national debt decreased by $19.6 billion from Jan. 20 to Feb. 23. Hennessey, however, added that if Trump had "ended his timeframe one day earlier this tweet would have been invalid and debt would have increased" by $1 billion in “the first month.” He said this is why "analysts look at debt on an annual basis.""

 

"The former NEC director also wrote that it was "more concerning" that the tweet shows Trump continues to rely on TV rather than his advisers.

"Until his staff figure out a way to ensure he doesn’t make such easily rebutted claims, you should not echo the president’s economic arguments or claims without first verifying both their accuracy and substantive merit," Hennessey wrote. "This unfortunate situation will persist as long as President Trump continues to take his numbers and policy arguments from TV pundits rather than from Mr. Cohn, Director Mulvaney, and Secretary Mnuchin.""

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Trump reduces national debt by 12b his first month in office - by The Real Marty - 02-26-2017, 07:02 AM



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