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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums18 trillion!
Listening to the TV.
President Fuckface just said that $18 trillion dollars flowed into the country as the result of tariffs.
Think about that statement for a second.
Let me be the first to say here on DU...THANK YOU, PRESIDENT FUCKFACE!
Jesus...
BootinUp
(51,035 posts)Day.
LuckyCharms
(22,180 posts)Back in my working days in the financial field, we had a word that we used: PDOMA.
Pronounced: Puh Doe Muh.
Meaning: Pulled Directly Out of My Ass.
Usage example:
Q: Where did you get that number from?
A: It's a PDOMA.
sinkingfeeling
(57,487 posts)mwmisses4289
(3,571 posts)ProfessorGAC
(76,137 posts)That's 60% of GDP.
Total imports last year were $4.3 trillion so this is more than 4x.
A 400% tariff on ALL imports would be required and that is economically impossible, as that whole $18 trillion would have to be passed on to consumers or absorbed by companies that only made $3.6 trillion in total profit in 2025.
Essentially every large company would be bankrupt to absorb this & if they passed it on inflation would be 50%
eppur_se_muova
(41,316 posts)LetMyPeopleVote
(176,745 posts)trump's $18 trillion number is pure fantasy.
Expert shreds Trump's 'laughable' trillion boast: 'Can't find it anywhere in the data'
— Ben Franklin Warned Us (@herobenfranklin.bsky.social) 2026-02-05T14:05:10.635Z
www.rawstory.com/trump-267509...
https://www.rawstory.com/trump-2675096220/
"So the president loves that $18 trillion figure, Steve," said anchor Willie Geist. "But as you point out, even the White House says it's half of that."
"Yeah, that's the incredible thing, Willie," said Rattner. "Obviously you've noticed how he talks about $18 trillion all the time, over and over and over again. But his own website this is the most incredible thing, his own website only claims credit for $9.6 trillion. And so you'd think they would at least change the website, or he would stop saying it. But no, they don't do either."
"But in fact, there's no real evidence of that either so far," Rattner added. "You can see that this is a total private investment and all the kinds of things the president is talking about. It's been running consistently at about $1 trillion a quarter. And you can see here that it hasn't really gone up much."
This isn't the only false claim Trump has made about foreign investment, Rattner continued.
"First of all, when he says Biden only got a trillion, Biden got a trillion a quarter, $4 trillion a year during his time in office," he said. "The likelihood of the president producing $18 trillion when our total investment is around $1 trillion, it's kind of laughable. And in fact, if you dig into some of the projects that are in this website, you'll see some of them like some things Apple is doing, like the semiconductor plants in Arizona that I mentioned already happening or what happened anyway, and have nothing to do with anything the president has done."
