Thursday, February 8, 2018

Year One

The debt under President Trump is growing, though more slowly than under Obama. The average true deficit (increase in national debt) over the last 17 years has been:
Bush: $610 Billion
Obama: $1.167 Trillion
Trump: $546 Billion
Let's see if this administration can keep down the costs, or if our addiction to overspending ruins his fiscal credibility too.

Here are the charts based on data from the treasury:



And overlaid:

 

I will update these periodically.