{"id":2933,"date":"2026-07-08T05:09:31","date_gmt":"2026-07-08T05:09:31","guid":{"rendered":"https:\/\/nextaddressamerica.com\/?p=2933"},"modified":"2026-07-08T05:09:31","modified_gmt":"2026-07-08T05:09:31","slug":"wild-exaggeration-cnn-reporter-fact-checks-trumps-latest-economic-lie","status":"publish","type":"post","link":"https:\/\/nextaddressamerica.com\/?p=2933","title":{"rendered":"‘Wild exaggeration’: CNN reporter fact checks Trump\u2019s latest economic ‘lie’"},"content":{"rendered":"
\n

On Tuesday, at the opening of the NATO summit in Turkey, President Donald Trump made a claim about the U.S. economy under his leadership that a CNN reporter immediately called out as a \u201clie.\u201d<\/p>\n

Read more Trump saddling Republicans with more \u2018impossible demands\u2019 as midterms loom<\/a><\/p>\n

“We’ve had probably the best year ever had by an American president,\u201d Trump asserted during a press event with Turkish President Recep Erdogan. \u201cWe have the greatest economy we’ve ever had. We have $19.2 trillion being invested in the United States. It’s a world record.” <\/p>\n

CNN reporter Daniel Dale wasn\u2019t having it, posting, \u201cFor the many-th time, Trump’s \u2018$19.2 trillion\u2019 figure is a lie. New foreign direct investment in the US \u2014 to acquire, create or expand businesses \u2014 was $232 billion in 2025. (Source<\/u>) The White House’s own website claims there’ve been $10.6 trillion (not $19.2 trillion) in \u2018major investment announcements\u2019 this Trump term \u2014 and even that’s a wild exaggeration that includes vague pledges, vague statements that aren’t even pledges, and pledges about trade between the US and other countries rather than investment in the US.\u201d<\/p>\n

Dale then attached a link to a CNN article<\/u> from October 2025 in which he fact-checked Trump\u2019s then-assertion that $17 trillion had been invested in the US during his term. His assessment: that \u201cfigure is fiction.\u201d<\/p>\n

At the time, the White House itself was only claiming $8.8 trillion in investments, but as CNN pointed out, a list of investments provided by the administration fell well short of that number, \u201cand it would not comment on the record to address CNN\u2019s specific questions about the many holes in the \u2018$8.8 trillion\u2019 figure.\u201d<\/p>\n

Read more Why Amy Coney Barrett and Elena Kagan are testifying before Congress<\/a><\/p>\n

\u201cInstead,\u201d wrote Dale, \u201cWhite House spokesperson Kush Desai said in an email that the media is doing \u2018pointless and pedantic nitpicking\u2019 and said, \u2018The President is right: industry leaders have committed to investing trillions to make and hire in America, with trillions more to come.\u2019 He added that the media would be \u2018beclowned\u2019 when Trump\u2019s \u2018policies take effect and investment commitments materialize into new factories and facilities.”<\/p>\n

Since then, these \u201cnew factories\u201d have failed to appear. Rather than the manufacturing boom Trump promised, his policies have resulted in the loss of at least 100,000 manufacturing jobs<\/u> so far. More recently, his decision not to renew the United States-Mexico-Canada Agreement has prompted concerns that doing business in the US will become even less predictable, reducing trade<\/u>, further increasing prices, and killing jobs.<\/p>\n

In fact, Trump\u2019s economic performance has been so dismal that over the course of his second term, labor force participation<\/u> has plunged dramatically, sinking the country is back to where it was in March 2021, before the post-pandemic recovery. <\/p>\n

Read more Trump-backed candidate sued for threatening to \u2018crush\u2019 Florida mom in a grocery store<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

On Tuesday, at the opening of the NATO summit in Turkey, President Donald Trump made a claim about the U.S. economy under his leadership that a CNN reporter immediately called out as a \u201clie.\u201d”We’ve had probably the best year ever had by an American president,\u201d Trump asserted during a press event wit…<\/p>\n","protected":false},"author":1,"featured_media":2932,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-2933","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\n'Wild exaggeration': CNN reporter fact checks Trump\u2019s latest economic 'lie' - Next Address America<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nextaddressamerica.com\/?p=2933\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"'Wild exaggeration': CNN reporter fact checks Trump\u2019s latest economic 'lie' - 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