The article reports:<\/p>\n
In spite of the fact that President Trump took over with nearly $20 trillion of debt and the related interest payments on the debt, and in spite of the federal reserve (fed) under Janet Yellen<\/a> increasing interest rates by a full 1 percent since the election, President Donald Trump’s<\/a> first year debt is $1.1 trillion less than Obama’s.<\/strong><\/p>\n Here is the picture:<\/p>\n Right after Barack Obama<\/a> was elected President, on December 16, 2008, the Federal Reserve<\/a> (The Fed) lowered the Fed Funds rate by an entire percent<\/a>, from 1% down to 0% . The Fed had not lowered the Fed Funds rate by such a large amount (1% ) since at least before 1990, if ever<\/a>. The Fed kept this 0% rate for most of Obama\u2019s eight years in office.<\/strong><\/p>\n CNBC reported <\/a>in December 2015 that President Obama oversaw \u201cseven years of the most accommodative monetary policy in U.S. history\u201d (from the Fed). The Fed Funds rate was at zero for most of Obama\u2019s time in office. Finally, in December 2015 after the Fed announced its first increase in the Fed Funds rate during the Obama Presidency.<\/strong><\/p>\n The only Fed Funds Rate increases since 2015 were after President Trump was elected President. The Fed increased the Fed Funds Rate on December 14, 2016,\u00a0March 15th, 2017,\u00a0June 14, 2017 and again\u00a0on December 13, 2017. Four times the Fed has increased rates<\/a> on President Trump after doing so only once on President Obama.<\/strong><\/p>\n If the Federal Reserve was political and wanted to prevent Republican Presidents from successful economic growth and debt decreases, then the Fed would increase the Fed Funds rates during Republican Presidents\u2019 terms while decreasing the Fed Funds rates under Democratic Presidents<\/a>\u2019 terms.<\/span><\/strong><\/p>\n The article at The Gateway Pundit also notes that without the increases in the interest rate it is possible that President Trump would have a balanced budget to date.<\/p>\n Remember that the Federal Reserve is neither Federal nor a Reserve. It is a stranglehold on our economy held by a small group of extremely wealthy people who control our money supply. For those who are interested in learning exactly how we got the Federal Reserve, I strongly recommend reading The Creature from Jekyll Island<\/a><\/span> by G. Edward Griffin<\/a>. It explains the chicanery that was involved in creating the Federal Reserve and how it was sold to the American people.<\/p>\n","protected":false},"excerpt":{"rendered":" President Trump is a businessman. Regardless of whether you like him or not, he is a businessman, and successful businessmen are relatively careful about how they spend money, and how much money they spend. President Trump is no exception. Yesterday … Continue reading ![\"\"](\"https:\/\/www.rightwinggranny.com\/wp-content\/uploads\/2017\/12\/TrumpDebt2017.png\")
<\/a> ![\"\"](\"https:\/\/www.rightwinggranny.com\/wp-content\/uploads\/2017\/12\/ObamaDebt2009.png\")
<\/a>The article at The Gateway Pundit reports:<\/p>\nThis appears to be exactly what the Fed is doing.<\/span><\/strong><\/em><\/h4>\n