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Economy

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peppertree

(23,115 posts)
Thu Dec 18, 2025, 01:40 PM Thursday

Trump's glowing account of progress is at odds with his government's own stats [View all]

President Donald Trump’s glowing account of progress under his watch Wednesday was out of tune with the experience of price-squeezed Americans and the story told by some of his government’s own statistics.

In a speech from the White House, Trump assailed the record of his Democratic predecessor and boasted expansively about his record so far. Not all of those boasts were credible.

Among them:

On inflation

His claim that prices are falling rapidly is not seen in the inflation numbers, which are about where they were when he took office, after having fallen significantly before the end of Joe Biden’s presidency. Nor is it true that the Biden era gave the country its worst inflation ever.

The consumer price index was 3% in September, the same rate as in January, a tick up from 2.9% in December, Biden’s last full month in office.

On investment

“I secured a record-breaking $18 trillion of investment into the United States.”

Trump has presented no evidence that he’s secured this much domestic or foreign investment for the United States.

A landslide?

Trump won a decisive victory but hardly a landslide one, however you define a landslide.

At: https://apnews.com/article/trump-speech-fact-check-inflation-9d18903505dae93beb783594e435c72b



Here comes Santa Crock...
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Statistics are facts. markodochartaigh Thursday #1
Hear, hear peppertree Thursday #2
And that 10% doesn't even have to vote for the Democratic candidates, markodochartaigh Thursday #3
Absolutely peppertree Thursday #4
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