I’m thinking that maybe House or Senate Oversight committees, or both, could offer some kind of a reward to the person, economist, Wall Street wizard, or lost and found custodian, who can figure out where this $17 Trillion bucks that Donald Trump claims is pumping into our economy right now (and for the next seven months, I might add. It’s going to be a very Merry Xmas, if this would be true) can be found. This has been going on for a few weeks now. It started when Trump and Melania (on one of her rare guest shots) went to London. I guess Donald figured he had to wow everybody and so he told a whopper of a lie and now it’s coming back to bite him in the butt. Like always.
Meiselas: I think this is a serious oversight issue. $17 trillion is apparently missing right now, and we’re in a government shutdown. Trump keeps saying he’s got $17 trillion. Where did it go?
Garcia: If there is $17 trillion somewhere, the government doesn’t know about it.… pic.twitter.com/BEkV92wMOx
— Acyn (@Acyn) October 2, 2025
Seventeen trillion bucks is indeed 65% of the GDP and a sudden infusion of that kind of cash and/or investment would raise the GDP by some 50% — in a seven month period, according to Donald and he wouldn’t lie to us, right? This has to be real, right? It is real. It is real, stark evidence of the fact that the man is barking mad and needs to be removed from office. Economist Peter Schiff called bullshit on this three weeks ago.
On Thursday, in a post on X, Schiff pushed back against Trump’s claim that “an unprecedented $17 trillion will be invested in the U.S. over the next year because we have the hottest economy in the world.”
Schiff called out the fallacy of the statement, highlighting the magnitude of the figure and the mathematical and economic implications if that were to be realized. “If true, GDP growth would explode by roughly 50%,” he said, considering the current U.S. GDP stands at $30.354 trillion.
He added that capital inflows of this scale would lead the U.S. Dollar to “skyrocket,” while concluding that this claim by Trump is “clearly” not true.
During a press conference in Aylesbury, England, on Thursday, Trump said that $17 trillion will be invested in the U.S. over eight months, drawing parallels with the Biden administration’s record, which he said was at $250 billion during its last year.
Trump has made such claims several times recently, saying that if the tariffs were reversed by the Supreme Court, the U.S. would be indebted to other countries for “trillions and trillions of dollars.”
Trump on new investment into the US: "We have over $17 trillion. Can you believe these numbers?" (The entire GDP of the US is about $30 trillion, so no, I can't believe these numbers.) pic.twitter.com/2XmYpob2zC
— Aaron Rupar (@atrupar) September 30, 2025
And I wouldn’t hold my breath waiting for Donald to come out and explain all this to us. He will have forgotten this entire exchange and he’ll just make up a new and bigger lie.
The economic reality of this country right now is inflation and major shockwaves in the insurance industry. Premiums are going up for everything, car insurance, homeowners’ insurance and if Democrats can’t negotiate the ACA subsidy issue successfully, we will remain in shutdown. While the lies go on about giving Medicaid to illegal aliens, the truth is that the ACA subsidy is the biggy. If that is removed, millions of Americans are going to be spending up to a 400% increase in healthcare premiums and who can afford that?
Tourism was down this year. I know that all too well because I live in a resort state. Las Vegas has not gotten the traffic in 2025 that it got in previous years. This is the worst year for Vegas since the pandemic and most of that is due to Trump’s big mouth. We made a horrific mistake reelecting this thoroughly horrible man.
I guess he thinks if he’s going to ‘make up facts’, i.e. LIE, he might as well go with the biggest lie he can imagine.
So he does.