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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsAP FACT CHECK: Trump's economic mirage; Sanders on Medicare
WASHINGTON (AP) President Donald Trump is pulling numbers out of thin air when it comes to the economy, jobs and the deficit.
He refers to a current record-breaking gross domestic product for the U.S. where none exists and predicts a blockbuster 5 percent annual growth rate in the current quarter that hardly any economist sees. Hailing his trade policies in spite of fears of damage from the escalating trade disputes hes provoked, Trump also falsely declares that his tariffs on foreign goods will help erase $21 trillion in national debt. The numbers dont even come close.
The statements capped a week of grandiose and erroneous claims by Trump and his critics, including questionable rhetoric from Sen. Bernie Sanders that his Medicare for all plan would reduce U.S. health spending by $2 trillion.
A sampling of the statements, and the reality behind them:
https://apnews.com/2fab5cc446fa49ec9eb44fd1d6220dfc
He refers to a current record-breaking gross domestic product for the U.S. where none exists and predicts a blockbuster 5 percent annual growth rate in the current quarter that hardly any economist sees. Hailing his trade policies in spite of fears of damage from the escalating trade disputes hes provoked, Trump also falsely declares that his tariffs on foreign goods will help erase $21 trillion in national debt. The numbers dont even come close.
The statements capped a week of grandiose and erroneous claims by Trump and his critics, including questionable rhetoric from Sen. Bernie Sanders that his Medicare for all plan would reduce U.S. health spending by $2 trillion.
A sampling of the statements, and the reality behind them:
https://apnews.com/2fab5cc446fa49ec9eb44fd1d6220dfc
A good article. It debunks many of Trump's claims point by point.
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AP FACT CHECK: Trump's economic mirage; Sanders on Medicare (Original Post)
Arkansas Granny
Aug 2018
OP
bearsfootball516
(6,377 posts)1. Too bad Trump supporters don't read these sorts of things.
And if they did, they'd scream "FAKE NEWS"
calimary
(81,267 posts)2. Bookmarking.
shanny
(6,709 posts)3. fwiw the "questionable rhetoric" from Bernie
was based on a study funded by the Kochs, who were trying to prove that Medicare for All would be too expensive. But even their own study showed it would cost less (...while covering 30 million more people) over 10 years than the current system. If anything, savings would be greater than that.
But yeah, "quesitonable." Our complicit media at work.