WASHINGTON (TNND) — 100 days in office and $5 + trillion in investments. The White House released a statement Tuesday touting President Trump for securing trillions in new U.S.-based investments, setting the stage for a new age of American prosperity.
“President Trump is America’s businessman and chief, and that’s why these trillions of dollars in investments are flooding to our country,” said White House Press Secretary Karoline Leavitt.
Jared Pincin, an economics professor at Cedarville University, told us that, from manufacturing to artificial intelligence, dozens of companies like Apple, Eli Lilly, and Merck have announced investments in the U.S. to help revitalize the economy.
Multiplier effect is what we like to say. So a new job is added and their spending goes into other businesses and those businesses see a bump and that spending continues,” said Pincin.
But Ray Hill, an economics and finance professor at Emory University, believes there are a few things not being talked about in this statement.
“It’s all the investments not being made because of the uncertainty about tariff policy and everything else,” Hill said.
Polls show there are some rising concerns about the economy and tariffs, but these investments are the administration’s counterargument.
“Under President Trump, there has never been a better time to invest in America,” said Leavitt.
President Trump also continues to preach patience, as these investments pour in.
“We really inherited a terrible economy, as you know, with a lot of problems. Including loss of manufacturing,” Trump told reporters on Air Force One earlier this month.