President Trump reduces federal debt by $100 billion in the same time it took Obama to increase it by $400 billion.
The fake news media is at it again. This time it’s about budget cuts and the U.S. debt reduction.
In another effort to delegitimize the President, they are now misrepresenting his most recent budget cuts. Some of these cuts pertain to privately funded entities that receive only a paltry pittance from the Federal Government.
Those on the left have a frequent tendency to portray fiscal conservatives as “heartless” when they question certain types of government spending. They have reveled for years in the government subsidies that have flooded both private individuals and enterprises which the free market would not bear.
Ironically, protesters have spent millions of dollars to protest their disgust with the government’s transfer of priorities. This expenditure comes in the form of the economic impact of protests like the George Soros-funded “Women’s March.” Millions of women collectively spent millions of dollars to embark on a trip and protest.
Those who attended the marches could have almost resolved much of the financial impact of the budgetary cuts by staying home and donating their money instead. Additionally, organizations like Planned Parenthood saw an increase in support as people donated in protest on behalf of Mike Pence. In other words, they proved that these endeavors don’t require federal subsidization.
Perhaps they fail to see that “heartlessness” is not the foundation for scaling back on these types of federal spending. The fiscal conservative considers first what is the purpose of the federal government. The foundation is pragmatism, and Trump has been building upon it for years.
Over the years, Trump has written about a practice in construction that helps to eliminate unnecessary expenses. Before a construction project commences, builders will send in specialists to perform an audit. In the audit they find small cost-savings measures that add up to tens of thousands of dollars over the course of large projects. When done properly, this practice can save investors millions of dollars throughout their careers.
Trump Reducing U.S. Debt Burden
Upholding his promise to bring his business acumen to the Oval Office, President Trump is utilizing this exact approach (coupled with fiscally conservative pragmatism) to overhaul federal spending. The Gateway Pundit reports that, “Trump has cut the U.S. Debt burden by over $100 billion and 0.5% in the first two months since his inauguration!”
It appears that his commitment to eliminate unnecessary spending is paying off quickly. The report compares this to Barack Obama’s first two months in office, during which “the U.S. Debt burden increased by more than $400 billion after his inauguration through March 19th, 2009.” The report continues:
Obama increased the US Debt by 3.9% during this time period and signed the trillion dollar ‘Stimulus’ bill which is widely considered a colossal failure and waste of US tax dollars as well. The failed ‘Stimulus’ was the major piece of legislation in Obama’s first year leading to Obama’s first year deficit of $1.4 trillion.”
Although Trump is serving in a different time than Obama served, his first two months are indicating a wild divergence from the status quo. It seems that he is only getting started. As The Gateway Pundit reports, “Overall Obama doubled the U.S. Debt during his Presidency and set records for highest deficits and the largest debt increase by any President ever.”
Donald Trump has a big mess on his hands, but it’s looking like he might just be the perfect man for the job.