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"Donald Trump: Has US debt fallen since the president took office?"

tl;dr?
US debt increased "...by $430bn."

"...This bit is harder to interpret, but it sounds like he is comparing the US debt with the value of the shares on the US stock exchange.

Market capitalisation is not the government's money - it is shareholders' money.

It might lead to more taxes being paid eventually, but the two figures do not belong in the same category.

Remember, on inauguration day, the debt was $19.95tn.

Well, the Treasury's latest figure for 10 October was $20.38tn, so that's gone up by $430bn.

Debt did actually fall in the early months of the presidency, but it jumped on 8 September when the president signed a bill raising the debt ceiling."

via: ☹http://dlike.co/rN3hsg2 .

#USA #Education #POTUS #USDebt #MTco #TylerPresident2020

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For a limited time, you can send books from the RIF Wish List to help put kids in need on a life-changing path through the power of literacy.

via: ☹http://dlike.co/0TKBVl2 .


#MTco; #Education #EducateTheUSA #EducateTheWorld #Reading #Knowledge #ABetterPlanet #ABetterLife #USA

cc: +Sean Cowen
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Coggle is an online tool for creating and sharing mindmaps. It works online in your browser: there's nothing to download or update.

"Whether you're note-taking, brainstorming, planning, or doing something awesomely creative, it is super simple to visualise your ideas with Coggle. Share with as many friends or colleagues as you like. Changes you make will show up instantly in their browser, wherever they are in the world."


via: ☹http://dlike.co/coggle .

#MTco   #Education   #Teaching  

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Originally shared by ****
Good to know...
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