You are such a dumbass. How is you think we can amass that amount of debt? Because of the private sector you fucking fool. If the private sector tanks, our bonds become junk and our debt is due. Go back to school. The increase in the stockmarket is an increase in wealth. All increases in wealth reflect on our GDP and tax revenue. The higher our tax revenue the.... well.... you are already lost.
A few other points which make Trump's boast all the more stupid: - It's true that the national debt grew under Obama, but it's also true that the stock market SKYROCKETED during his term. So if Trump is going to take credit for stock market growth as a success against the national debt which is STILL growing, he should at least be man enough to give Obama the same credit.... even when it makes no sense at all. - Stock market levels are PAPER HYPOTHETICALS, unrealized values until they're actually sold. They could never be used to pay down the national debt because they would need to be sold by their owners to do so, and those owners would then need to donate those proceeds to the government. And even if that were to happen, all those stock values would have crashed from the collective desire to sell them off.
You are trying to confuse what Trump said. Trump was speaking to the overall health of the economy which IS reflected by the stock market and other factors. Our ability to pay down or make interest payments on our national debet is directly related to tax revenue.
