“Trump touts over $20 trillion in new U.S. investments, but the numbers don't add up”
“President Trump has made increasingly sweeping claims about new investments flowing into the United States, citing figures as high as $21 trillion since taking office.”"Twenty-one trillion dollars will be the amount invested in the United States — or committed to invest — in one year," the president said . In an Oval Office event this Wednesday, President Trump said, "In 10 months, we have $18 trillion being invested."
“But a CBS News review found no evidence that total commitments or new investments approach the scale the president has cited. While companies and foreign governments have announced large-scale projects since Mr. Trump's inauguration, the White House has not provided documentation.”
“Federal data shows corporate investment levels are roughly in line with last year, with companies on track to invest over $5 trillion in 2025. The $20 trillion surge Mr. Trump has claimed does not appear in the available data.”
“The White House list includes more than 100 corporate commitments. Yet some of the largest were originally unveiled years before Mr. Trump took office”
“Federal data suggests that real investment spending — as opposed to announced commitments — remains roughly in line with last year's levels.”
Trump touts over $20 trillion in new U.S. investments, but the numbers don't add up
President Trump's claims of a historic multitrillion-dollar investment surge don't match federal data or the administration's own numbers.
www.cbsnews.com
In other words, Trump lied, shocker, but all the “announcements” made good photo ops, photo ops which were recycled throughout the right wing media/social media as Trump accomplishments, lies reinforced by lies, and the MAGA lemmings certainly swallowed everyone of them
Welcome to Trumplandia
