Trump Makes Puzzling Claim That Stock Market Gains Have Reduced The Debt -- TPM

While boasting about the U.S. economy during an interview on Wednesday, President Donald Trump made the bizarre suggestion that gains in the stock market actually reduce federal debt. "The country — we took it over and owed over $20 trillion," Trump told Fox News' Sean Hannity. "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. ....
http://talkingpointsmemo.com/livewire/trump-bizarrely-claims-stock-market-gain-reduces-debt