(Snopes says its true and knowing Snopes mild anti-right position, I feel comfortable with citing Snopes on this).
2. National Debt Was Reduced by Obama when he took office: False
"On January 20, 2009, when he was sworn in, the debt was $10.626 trillion. On January 20, 2017, when he left, it was $19.947 trillion. That's why most people say Obama added $9 trillion to the debt, more than any other president [in history]."
3. Obama eliminated the deficit if you ignore his first year in office because Bush Jr.'s budget was already approved before Obama took office in 2009: False
This one is a bit tricky. The first part is false as hell. The second part is somewhat true, however:
FY 2009 - Even though the budget had been approved, Congress added emergency funding to stop the Great Recession. It added the first year's worth of spending from Obama's Economic Stimulus Act to the FY 2009 budget. That $253 billion accrues to Obama.
FY 2010 - Obama's first budget created a $1.294 trillion deficit.
FY 2011 - This budget contributed $1.3 trillion to the debt.
FY 2012 - The deficit was $1.087 trillion.
FY 2013 - This was the first Obama budget where the deficit, $679 billion, was less than $1 trillion. Thank sequestration, which forced a 10 percent cut in spending.
FY 2014 - The deficit was $485 billion.
FY 2015 - The deficit fell further, to $438 billion.
FY 2016 - The deficit rose to $585 billion
FY 2017 - The deficit was $666 billion.
So even looking at it optimistically and ignoring the first year, Obama still had the largest total deficit of any president in history. That's even adjusting for inflation.
4. Trump is going to increase the national debt to over $28 trillion by the end of his 4 year term: True.
Trump took office with the debt at $20.245 trillion. When he ends his term, it will be $28.527 trillion. Less than Obama's. No need to adjust for inflation. That's still the second largest increase in US History (not by percentage by but raw dollar value).
Did any of you fall for these claims and think the wrong thing? Were you surprised at the true statements? Are there other myths floating around that I don't know about?
If the typical leftist crowd here came for facts, we would be in a different place here. All they come here for is to bash "Trumpers" and the "Orange Baffoon."
^^Obama, contemplating which conservative group to send the IRS after next.
__________________ Chicken Boo, what's the matter with you? You don't act like the other chickens do. You wear a disguise to look like human guys, but you're not a man you're a Chicken Boo.
__________________ Chicken Boo, what's the matter with you? You don't act like the other chickens do. You wear a disguise to look like human guys, but you're not a man you're a Chicken Boo.
Re: Re: Obama and Trump Myths: Fact Checking National Debt Claims
So how much does the DCCC and correct the record pay you? Can't be worth it, I know for damn sure any other boss would not approve of you being on this forum all day debating politics.
"Donald Trump (as projected in FY 2019 budget): Plans to add $8.282 trillion, a 41 percent increase from the $20.245 trillion debt at the end of Obama's last budget, FY 2017. If he spends as he hopes, Trump will add the second-highest dollar amount in history. More important, he will add almost as much in his first term as Obama did in two terms. -Facts
When the middleclass has to end up paying it all back, I'm sure you'll still be smug.
It's okay Rob, you ignore all the positive impacts of this and that more and more people are coming around to supporting the tax plan. Do what you leftists do best. Pretend this is Wisconsin and Michigan, just ignore it.
__________________ Chicken Boo, what's the matter with you? You don't act like the other chickens do. You wear a disguise to look like human guys, but you're not a man you're a Chicken Boo.
__________________ Chicken Boo, what's the matter with you? You don't act like the other chickens do. You wear a disguise to look like human guys, but you're not a man you're a Chicken Boo.
Not ignoring the figures. Just not agreeing with what you think it means. Do better.
__________________ Chicken Boo, what's the matter with you? You don't act like the other chickens do. You wear a disguise to look like human guys, but you're not a man you're a Chicken Boo.
Lol lets assume what you say is the literal truth. 1 extra dollar a week.
An extra $52 a year. Crumbs Pelosi, a few years ago, was hyping up a bill that would have saved her constituents $40 a year. But...she is calling figures of $1000 a year crumbs now. Weird. But even $52 would be more than $40. So hey...she should be happen.
__________________ Chicken Boo, what's the matter with you? You don't act like the other chickens do. You wear a disguise to look like human guys, but you're not a man you're a Chicken Boo.
You're being a very good Trumpcuck, at least for now. I suspect that if things go poorly for him, you'll jump off the bandwagon as quickly as you jumped on after he won.