President Donald Trump made his first speech ever to a joint session of Congress and, unsurprisingly, peppered his address with false claims.
During his speech, the president hailed a new chapter in American greatness. He also claimed credit for jobs that predate him.
He said, “Since my election, Ford, Fiat-Chrysler, General Motors, Sprint, Softbank, Lockheed, Intel, Walmart and many others have announced that they will invest billions of dollars in the United States and will create tens of thousands of new American jobs."
However, the fact is, most of these corporate decisions were made before Trump’s presidential election, therefore making it unlikely that he is the sole reason for the “new jobs.” A number of these corporate businesses actually began during former President Barack Obama’s tenure but due to insufficient demand, the projects were delayed.
The business mogul also took credit for cost savings on F-35 jet fighters. He said, “We've saved taxpayers hundreds of millions of dollars by bringing down the price of the F-35 jet fighter.”
In fact, the cost savings feather that he is putting in his cap was secured before he assumed office. Pentagon managers took action way before the election to save money on the contract. Richard Aboulafia, an analyst with the aerospace consulting firm Teal Group, said there is no evidence of any additional cost savings as a result of Trump's actions.
Another false claim that he made was that he will provide tax relief for the middle class. However, during the speech, he gave very little detail on how this would happen.
The commander-in-chief went ahead and said that, “Ninety-four million Americans are out of the labor force.”
Although this fact is true, the real reason of them being out of the labor force is because they choose to be. These people (underage students, stay-at-home moms, etc.) will remain out of the workforce regardless of the state of the economy. So, even if Trump tries and makes the economy “better,” the number of Americans out of the labor force is likely to remain the same.
Banner and thumbnail credit: Reuters, Kevin Lamarque