Perhaps This Explains All His Bankruptcies

From the self-described "King of Debt," who has "a good brain" and whose "I.Q. is one of the highest," the man whose "primary consultant is myself," here is the Dotard's version of how he has personally reduced a large portion of our national debt, as explained to Sean Hannity:

“The country – we took it over and owed over $20 trillion. As you know the last eight years, they borrowed more than it did in the whole history of our country. So they borrowed more than $10 trillion, right? And yet, we picked up $5.2 trillion just in the stock market. So you could say, in one sense, we’re really increasing values. And maybe in a sense, we’re reducing debt. But we’re very honored by it.”

Our national debt is $20 trillion, but the rest of his statement is profoundly incorrect.  When the government spends more in a year than it receives in revenues, that results in an annual deficit.  When this is repeated over time, the cumulative deficits become our national debt.

But an increase in market valuation has nothing to do with it.  (His $5 trillion figure is debatable, and certainly did not result from his actions.)  Stock market gains are not the government's money, so unless Agent Orange is going to confiscate $5 trillion from Wall Street, there is no reduction of the national debt.

Tillerson was right.  Fucking moron.

Now, if you want to talk about some real increases to our deficits and national debt, check out the Republicans' gigantic tax-cut plan!