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Quoted By: >>1402498
https://www.washingtonpost.com/politics/2025/04/30/trump-falsehoods-100-days-time-magazine/
President Donald Trump granted a lengthy interview to Time magazine in honor of completing his first 100 days of his second term today. As usual, the interview consisted of bluster and bombast, with hefty doses of B.S. Here’s a guide to the inaccuracies in 32 claims, in the order in which he made them.
>“You know, we’re resetting a table. We were losing $2 trillion a year on trade, and you can’t do that. I mean, at some point somebody has to come along and stop it, because it’s not sustainable.”
Trump gets two things wrong here. First of all, the goods and services deficit was almost $920 billion in 2024, according to the Commerce Department. So he’s doubling the real number. Second, the United States is not “losing” money on trade deficits. After all these years, Trump still does not grasp this fundamental economic point. Yet he’s basing policy — and steering the United States into economic uncertain times — on this misunderstanding.
President Donald Trump granted a lengthy interview to Time magazine in honor of completing his first 100 days of his second term today. As usual, the interview consisted of bluster and bombast, with hefty doses of B.S. Here’s a guide to the inaccuracies in 32 claims, in the order in which he made them.
>“You know, we’re resetting a table. We were losing $2 trillion a year on trade, and you can’t do that. I mean, at some point somebody has to come along and stop it, because it’s not sustainable.”
Trump gets two things wrong here. First of all, the goods and services deficit was almost $920 billion in 2024, according to the Commerce Department. So he’s doubling the real number. Second, the United States is not “losing” money on trade deficits. After all these years, Trump still does not grasp this fundamental economic point. Yet he’s basing policy — and steering the United States into economic uncertain times — on this misunderstanding.
