President Trump understands business and how to strike the best deals possible. As a result, the national debt has fallen by $60 billion since his inauguration.
On the day of Trump’s inauguration, the US debt stood at a staggering $19,947 billion. As of March 8, the US debt was now at $19,879 billion, for a drop of $68 billion or 0.3 percent since Trump was inaugurated.
See a chart of the debt below:
The US debt under President Obama tells a much different story. In 2009, by the same dates, the US debt had increased by $320 billion. A large portion of the spending went to Obama’s stimulus bill, which many economists consider to be a major failure.
If ever we needed a reason to praise Trump, here it is. Trump knows how to keep jobs in America, create jobs, strike favorable trade deals, and ensure that the economy works for the American people, not against them.