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Trump lowers debt by 100 billion in first two months. Real conservatism

http://www.thegatewaypundit.com/2017/03/355719/

Two different situations

Tax Revenue
FY 2009 - $2.1 trillion.
FY 2008 - $2.52 trillion
FY 2017 (est.) - $3.632 trillion.
FY 2016 - $3.276 trillion.
https://www.thebalance.com/current-u-s-f...ue-3305762
Unemployment rate
Dec 2008 7.3%
J. F. M. A. M. J. J. A. S. O. N. D
2009 7.8 8.3 8.7 9.0 9.4 9.5 9.5 9.6 9.8 10.0 9.9 9.9

Dec 2016 4.7%
Jan 2017 4.8%
Feb 2017 4.7%
https://data.bls.gov/timeseries/LNS14000000

Donald is in a better situation

But the budget he put forward will not pay any of the debt down
Even his own budget director says that

And as far as the numbers they change daily

Trump Wants Credit for Cutting the National Debt. Economists Say Not So Fast
by Shannon Pettypiece
February 25, 2017 at 2:29:39 PM EST
February 26, 2017 at 6:01:34 PM EST


Donald Trump asked on Twitter why the media hasn’t reported that the national debt has dropped since his inauguration. One explanation, some economists said: Trump couldn’t have had anything to do with it.

“Anything that has happened to the debt has been on autopilot since Obama left," said Laurence Kotlikoff, an economics professor at Boston University. “If anything, he is taking credit for something Obama did."

The president took to Twitter on Saturday morning to say that the national debt declined by $12 billion in his first month in office compared with a $200 billion increase in Barack Obama’s first month in office. The tweet followed a Fox News segment on which former presidential candidate Herman Cain made the same statement.



Trump’s numbers are accurate. The national debt of $19.9 trillion did decrease $12 billion -- six-hundredths of 1 percent -- from his first day in office until his 30th. It’s also true the debt fluctuates by billions of dollars each day, and the current spending and tax revenue levels that drive those short-term variances were set by the last administration. Trump hasn’t had a chance in his first weeks to change the level of revenue collected through higher taxes or cut federal spending through a new budget.

The $14.4 trillion in debt held by the public, rather than as securities in government trust funds, was $94 million lower on Feb. 21 than on Jan. 20, when Trump was inaugurated. But the following day, the debt level popped back up more than $1 billion due to regular changes in spending and revenue.

“We applaud the president for focusing on the debt as an important metric of success and economic health, but would point out that the improvement this early in his term has to do with normal fluctuations in spending and revenues rather than new policies he has implemented," said Maya MacGuineas, president of the Committee for a Responsible Federal Budget.

A White House spokesman wasn’t immediately available for comment.

https://www.bloomberg.com/politics/artic...-cash-flow

And by the way the uptick in coal is the Met coal or thermal coal ?