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We Got This Covered
We Got This Covered
David James

‘Pure, unfiltered BS’: Trump insists he’s secured ‘$18 trillion in investment’, economists point out this is insane

There was a lot to unpack in Donald Trump‘s bonkers address to the nation last night. One thing’s for sure, it wasn’t very festive. Having missed the memo that the season is about “goodwill to all men”, Trump launched into a hateful rant against those he thinks are damaging America: immigrants, trans people, Democrats, etc etc.

When he wasn’t trying to blame those who aren’t in the White House and don’t control all branches of government for the nation’s problems, he was, predictably, talking up his own ‘achievements’.

During this, he made the questionable claim that he’s secured a colossal $18 trillion of foreign investment. Over the past few months, that number has been steadily climbing – just a month or so ago, he was touting $17 trillion. I guess a trillion dollars here or there is just a rounding figure?

Anyhow, the response has been widespread mockery at this clearly made-up figure:

Why making up numbers is bad

At this point, you may be shrugging and wondering why Trump randomly making up numbers matters. After all, he makes up everything else. Why is this important? Well, economies demand accurate data to function properly, and the president just inventing numbers throws calculations out of the window, raising the specter of economic collapse.

For an example of this, look no further than the Soviet Union in the 1970s and 80s. Their economy was riddled with inaccurate data produced by people who wanted the country to appear more productive than it actually was. That created a distorted image of economic performance, which eventually led to a world superpower collapsing.

That, in combination with the ongoing refusal to release official data on the economy (it’s been tainted by Democrats apparently…) means the U.S. economy is currently flying blind with a fuel tank full of empty promises. One thing’s for sure, 2026 is going to be an interesting year!

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