Mon
Jul 28 2025
01:50 pm

President’s "imaginary numbers, from $1.99 gas to 1,500 percent price cuts. The president likes to cite specific numbers to bolster his claims. They are often wildly improbable — or just impossible."

The president "made a promise at a reception last week for Republican lawmakers that was as impossible as it was specific: He would drive down drug prices by as much as 1,500 percent — “numbers that are not even thought to be achievable,” he said.

A price cannot drop by more than 100 percent, but Trump went on to make several other precise but clearly false numerical claims. The cost of gasoline had fallen to $1.99 a gallon in five states, he said; according to AAA, it was over $3 in every state. Businesses had invested $16 trillion in America in the past four months, he added; the entire U.S. economy last year was worth less than $30 trillion.

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