Ed Elson
๐ค SpeakerAppearances Over Time
Podcast Appearances
She said, take control of your data and keep your private life private by signing up for Delete.me
Now at a special discount for our listeners, get 20% off your Delete Me plan when you go to joindeleteme.com slash profg and use promo code profg at checkout.
The only way to get 20% off is to go to joindeleteme.com slash profg and enter code profg at checkout.
That's joindeleteme.com slash profg code profg.
We're back with Prof G Markets.
President Trump used his 107-minute State of the Union to paint an optimistic picture of the country, declaring what he called a, quote, turnaround for the ages.
He touched on everything from inflation and immigration to healthcare and voter fraud.
But not everyone feels so positive about it.
So let's move past the rhetoric and let's dig into the numbers.
We're going to take a look at the data on inflation, on markets, on GDP and employment.
And we are going to reach a consensus on the real state of the union.
And I think maybe we should just start with some of the untruths that we witnessed in this State of the Union, just so that we're all on the same page here about how America is doing and what's true and what isn't.
So I think the first big lie that we need to just dispel immediately is that we secured $18 trillion of foreign investment in 12 months.
where Trump has gotten this number from.
That is literally more than half of our current GDP.
His own website says that the number is 9.7 trillion, which is also a made-up number.
This is, like, based on nothing.
As we've said, none of these are actual deals.