Wednesday, February 1, 2017

The Debt now seems under control

As of yesterday, January 31, 2017 the national debt was at $19.937 trillion.  One year earlier, it was $19.012 trillion.  So it increased less than a trillion over that period, breaking a streak of 10 months in a row where the debt increased at least 1 trillion from the previous year.  I consider this very good news.  The new President Trump deserves at least a little credit for this I think.

The $20 trillion mark still hasn't been breached, but this should occur later in February, which usually runs a large deficit.

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