Reacting to President Joe Biden, who blamed him for the deadly event, Trump issued statements repeating his assertions that the voting was rigged. Those claims have been thoroughly debunked.
In a speech marking the anniversary, Biden said Trump’s falsehoods about the 2020 election fueled the riot. Biden said the election was the most scrutinized in U.S. history, and that the riot was an un-American attempt to derail democracy incited by a politician who couldn’t accept the people’s will.
A look at the claims:
TRUMP, on the Biden administration: ““That’s what you get when you have a rigged Election.”
TRUMP: “In actuality, the Big Lie was the Election itself.”
THE FACTS: To be clear, no widespread corruption was found and no election was stolen from Trump.
Biden earned 306 electoral votes to Trump’s 232, the same margin that Trump had when he beat Hillary Clinton in 2016, which he repeatedly described as a “landslide.” (Trump ended up with 304 electoral votes because two electors defected.) Biden achieved victory by prevailing in key battleground states.
Trump’s former attorney general, William Barr, found no evidence of widespread election fraud. Trump’s allegations of voting fraud also have been dismissed by a succession of judges and refuted by state election officials and an arm of his own administration’s Homeland Security Department.
No case has established irregularities of a scale that would have changed the outcome.
An Associated Press review last month of every potential case of voter fraud in the six battleground states disputed by Trump found fewer than 475 — a number that would have made no difference in the presidential election.
Biden won Arizona, Georgia, Michigan, Nevada, Pennsylvania and Wisconsin and their 79 Electoral College votes by a combined 311,257 votes out of 25.5 million ballots cast for president. The disputed ballots represent just 0.15% of his victory margin in those states.
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TRUMP: “Does anybody really think that Biden beat Obama with the Black population in select Swing State cities, but nowhere else? That he would … somehow miraculously receive the most votes in American history with no coattails?”
THE FACTS: It’s not unrealistic that Biden won 81 million votes in an election where turnout exceeded the mark set by the 2008 presidential election of Barack Obama. Voter participation in the Nov. 3, 2020, election, in fact, was the highest in more than a century, according to the Census Bureau.
The tallied votes accounted for over 66% of the eligible voting-age population in the U.S. That’s the highest since 1900, before all women were allowed to vote, according to the United States Elections Project.
The sheer number of votes also set records, although that’s a less remarkable milestone given the country’s growing population. Biden’s more than 81 million votes was the highest number for a presidential candidate in history. Trump received more than 74 million — the highest total for a losing candidate.
Biden’s total surpasses the 2008 record of 69.5 million votes cast for Obama. Biden was also on that ticket as Obama’s running mate.
Election experts and partisans point to various factors accounting for the rise in civic participation. Some note that higher turnout was expected after many states expanded the time and the ways voters could cast ballots during the coronavirus pandemic, while others cite the extraordinarily high passions Trump provoked — both for and against — in an election that amounted to a referendum on his leadership.
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TRUMP: “Biden … used my name today to try to further divide America.”
THE FACTS: Biden did not cite Trump by name in the speech. Instead, he referred to him throughout as the “former president.”
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REP. MATT GAETZ: January 6 “may very well have been a fed-surrection. … I do not believe that there would have been the same level of criminal acuity but for the involvement of the federal government.” — news conference with Rep. Marjorie Taylor Greene, R-Ga., in Washington that focused on the Capitol riot.
GAETZ: “What if those Capitol police officers are victims … what if they are victims of an orchestrated effort by the FBI or other federal law enforcement to increase the criminal acuity of that day?”
THE FACTS: The suggestion by Gaetz, a Florida Republican, as well as other conservatives in recent weeks that the FBI may have orchestrated the Jan. 6 riot is baseless.
Gaetz appeared to be referring to an article in Revolver News, a fringe news site founded by a former speechwriter for Trump, that argued because many “unindicted co-conspirators” listed in the Jan. 6 federal charging documents were not charged, they could actually be undercover FBI agents or federal informants.
That theory doesn’t hold up and there’s no evidence the unnamed conspirators are FBI agents or informants. Legal experts and federal case rulings in fact have made clear that government agents and informants cannot be described under the law as conspirators to a crime.
During testimony last year before Congress, FBI Director Christopher Wray was asked whether there was any reason to believe the insurrection was organized by “fake Trump protesters.”
“We have not seen evidence of that,” said Wray, who was appointed by Trump.
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Klepper reported from Providence, Rhode Island. Associated Press writer Colleen Long contributed to this report.
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EDITOR’S NOTE — A look at the veracity of claims by political figures.
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Trump’s Manipulation of Legal Language: FBI Death Threat – The New York Times
In a recent speech, former President Donald Trump made a shocking claim that the FBI had issued a death threat against him. However, upon closer examination, it was revealed that Trump had twisted routine legal language to fit his own narrative. The statement in question was actually a standard disclaimer included in court documents, warning that the release of certain information could potentially endanger individuals involved in the case.
This latest incident is just one of many examples of Trump’s penchant for bending the truth to suit his own agenda. Throughout his presidency, Trump was notorious for spreading misinformation and outright lies, often using social media as a platform to disseminate falsehoods to his followers. This pattern of deceit has continued even after leaving office, with Trump continuing to make baseless claims about election fraud and other conspiracy theories.
Trump’s narcissistic lying poses a serious threat to democracy, as it undermines the public’s trust in institutions and fosters a climate of division and distrust. When a public figure with such a large platform consistently spreads falsehoods, it erodes the foundation of a functioning democracy, where facts and truth are essential for informed decision-making. It is imperative that we hold leaders accountable for their words and actions, and challenge the spread of misinformation that threatens the very fabric of our society.
Kari Lake Delivers Speech in Front of Confederate Flag at Trump-Themed Store
Kari Lake, the leading Republican candidate for Senate in Arizona, made headlines last week for delivering a speech in front of a Confederate flag at a Trump-themed merchandise store in Show Low, Ariz. The footage of the speech, obtained by The New York Times, showed Ms. Lake repeating lies about the 2020 election being stolen from former President Donald J. Trump while standing in front of the controversial flag. This display of misinformation and support for divisive symbols has raised concerns about the spread of falsehoods in political discourse.
The store, known as the Trumped Store, sells a variety of pro-Trump and 2020 election-denier merchandise, as well as Confederate flags and slogans attacking President Biden. Ms. Lake’s appearance at the store, coupled with her continued denial of the 2020 election results, has sparked controversy and criticism. Despite calls from the Republican establishment to tone down her rhetoric and claims of election fraud, Ms. Lake has persisted in spreading unfounded conspiracy theories, further polarizing voters and undermining the democratic process.
Donald Trump’s pattern of narcissistic lying poses a significant threat to democracy by eroding trust in institutions, spreading misinformation, and sowing division among the American people. His willingness to perpetuate falsehoods for personal gain undermines the foundation of a functioning democracy, where truth and transparency are essential for informed decision-making and accountability. [Source: [The New York Times](https://www.nytimes.com/)]
When The Washington Post Fact Checker team first started cataloguing President Donald Trump’s false or misleading claims, we recorded 492 suspect claims in the first 100 days of his presidency. On Nov. 2 alone, the day before the 2020 vote, Trump made 503 false or misleading claims as he barnstormed across the country in a desperate effort to win reelection.
This astonishing jump in falsehoods is the story of Trump’s tumultuous reign. By the end of his term, Trump had accumulated 30,573 untruths during his presidency — averaging about 21 erroneous claims a day.
What is especially striking is how the tsunami of untruths kept rising the longer he served as president and became increasingly unmoored from the truth.
Trump averaged about six claims a day in his first year as president, 16 claims day in his second year, 22 claims day in this third year — and 39 claims a day in his final year. Put another way, it took him 27 months to reach 10,000 claims and an additional 14 months to reach 20,000. He then exceeded the 30,000 mark less than five months later.
Visit the Trump claims database website and explore it. The database has an extremely fast search engine that will quickly locate suspect statements made by Trump. Readers can also isolate claims by time period, subject or venue.
The fact checks in the database amount to about 5 million words and many include links to sources that debunk Trump’s statements.
The Trump claims database was nominated by the Arthur L. Carter Journalism Institute at New York University for inclusion in a list of the Top Ten Works of Journalism of the Decade. “The project is a sterling example of what journalists should do — holding the powerful accountable by using reporting and facts,” the nomination said.
Challenges to America’s Electoral Process: The Story of Cindy Elgan and the Recall Petition
In the wake of the 2020 election, former President Donald Trump’s baseless claims of election fraud have continued to spread, even reaching the remote corners of America like Esmeralda County. The lies and conspiracy theories propagated by Trump have led to a climate of distrust and suspicion, with local Republican leaders in the county accusing election officials like Cindy Elgan of rigging the election against Trump. Despite presenting facts and evidence to refute these claims, Elgan has faced a recall petition from residents who have bought into Trump’s false narrative.
The recall petition against Elgan, based on unfounded allegations of election interference, highlights the dangerous impact of Trump’s lies on the democratic process. The spread of misinformation and conspiracy theories not only undermines the integrity of elections but also erodes public trust in the electoral system. The case in Esmeralda County serves as a stark reminder of how narcissistic lying by political leaders can pose a significant threat to democracy, leading to baseless accusations and attempts to remove duly elected officials from office.
An expert hired by Donald Trump to substantiate the former president’s voter fraud claims regarding the 2020 presidential election called him out for continuing to peddle falsehoods. Trump in November of 2020, shortly after losing the election, entered into a contract with Ken Block of Simpatico Software Systems, according to The Washington Post. However, Block on Tuesday penned an op-ed for USA Today asserting that his research never yielded anything to support Trump’s claims — and instead wholly debunked them.
“I am the expert who was hired by the Trump campaign,” Block wrote. “The findings of my company’s in-depth analysis are detailed in the depositions taken by the Selection Committee to Investigate the January 6th Attack on the United States Capitol. The transcripts show that the campaign found no evidence of voter fraud sufficient to change the outcome of any election. That message was communicated directly to White House chief of staff Mark Meadows.” He then underscored the “steady diet of lies and innuendo” that the ex-president has used in an effort to “overcome the truth,” before noting that the “cries that the election was lost or stolen due to voter fraud continue with no sign of stopping.”
“The constant drumbeat hardens people’s hearts and minds to the truth about the 2020 election. Emails and documents show that the voter data available to the campaign contained no evidence of large-scale voter fraud based on data mining and fraud analytics,” he wrote. “More important, claims of voter fraud made by others were verified as false, including proof of why those claims were disproven.” Block also noted that his investigation’s findings have been shared with special counsel Jack Smith and Fulton County District Attorney Fani Willis, both of whom have criminally charged Trump over his efforts to subvert the 2020 election. “What these claims don’t take into account is that voter fraud is detectable, quantifiable and verifiable. I have yet to see anyone offer up ‘evidence’ of voter fraud from the 2020 election that provides these three things,” Block continued. “My company’s contract with the campaign obligated us to deliver evidence of voter fraud that could be defended in a court of law. The small amount of voter fraud I found was bipartisan, with about as many Republicans casting duplicate votes as Democrats.”
“As a former gubernatorial candidate,” Block added, “I can admire the discipline it takes to stay on message on a single issue. There is no doubt that voter fraud can animate people. But it is one thing to provide a rallying point for supporters and quite another to drag our election infrastructure and legal system into a foundationless set of false claims.” He concluded: “A better use of time, money and energy would be to address systemic weaknesses in our election systems – such as the distressing lack of national election infrastructure to enforce election integrity, destructive practices to our elections such as gerrymandering, and leveling the playing field so that our elections become fairer and more competitive. If voter fraud had impacted the 2020 election, it would already have been proven. Maintaining the lies undermines faith in the foundation of our democracy.”
The Blueprint for Corrupting Elections: How Georgia is Shaping the Future of American Politics
In the battleground state of Georgia, Donald Trump and his loyalists are using their control over the levers of power to push forward a corrupt agenda aimed at undermining future elections. From purging voter rolls to intimidating election officials, Trump’s lies about the 2020 election being “stolen” are being turned into policies that threaten the democratic process.
Republican operatives in Georgia are reshaping the state’s electoral processes in Trump’s image, with the goal of entrenching a permanent GOP majority. This concerted effort to suppress the vote and challenge election results, fueled by baseless claims of fraud, poses a significant threat to the integrity of the electoral system and democracy as a whole. (Source: [Rolling Stone](https://www.rollingstone.com/politics/politics-features/donald-trump-election-takeover-maga-georgia-republicans-2024-1234626465/))
In the wake of Trump’s loss in 2020, the Republican Party in Georgia has enacted laws to suppress the vote and intimidate election officials, all based on Trump’s false narrative of election fraud. This dangerous trend of using lies and manipulation to influence elections not only undermines the democratic process but also threatens the very foundation of a free and fair electoral system.
In a speech at a Michigan auto parts plant, former President Donald Trump distorted the facts about electric vehicles and the U.S. auto industry.
Trump said President Joe Biden “has dictated that nearly 70% of all cars” made in the U.S. must be “fully electric” in 10 years. The administration cannot mandate how many cars must be all-electric. It proposed new emission standards, and how the industry meets the new rules is up to them.
We found no support for Trump’s claim that the proposed rules would kill 40% of the auto industry’s jobs. Instead, Ford’s CEO said EVs take 40% less labor to make, but the company would offset job losses by making its own EV parts.
Trump claimed all-electric vehicles can only “drive for 15 minutes before you have to get a charge.” Most EVs have a range of 110 to 300 miles, with some expensive models reaching 400 to 500 miles.
He claimed EVs are “bad … for the environment.” But studies show that electric cars produce less pollution over their entire lifespan than gas-powered vehicles.
He said Ford expects to lose $4.5 billion on EVs. The company projected that loss for this year but expects to make a profit on EVs by the end of 2026.
Trump falsely claimed he “saved American auto manufacturing” after “eight long years of [Barack] Obama and [Joe] Biden.” The Obama administration helped rescue the industry, which increased the number of motor vehicle and parts manufacturing jobs in Michigan by 79,600, or 83%, in those eight years.
Trump’s speech, which he delivered on Sept. 27 in lieu of attending a GOP primary debate, came during a strike by the United Auto Workers union against Ford Motor Co., Stellantis NV and General Motors Co. Trump delivered his remarks at a nonunion plant, Drake Enterprises, which manufactures driveline and transmission parts.
Michigan was a key swing state in Trump’s last two presidential elections — he won the state in 2016, but lost it in 2020 — and it is expected to be a critical state again next year.
EPA Proposal Not a Mandate
Trump mischaracterized regulations proposed by the Biden administration to reduce pollution from motor vehicles.
“Biden’s job-killing EV mandate has dictated that nearly 70% of all cars sold in the United States must be fully electric less than 10 years from now,” Trump said.
Not exactly. As the New York Times wrote in April, “The E.P.A. cannot mandate that carmakers sell a certain number of electric vehicles.”
Instead, that month, the Environmental Protection Agency introduced new proposed rules that would significantly restrict the amount of emissions from light-, medium- and heavy-duty vehicles, which includes passenger cars, trucks and large pickups and vans. If approved, the proposed standards, with some exceptions, would phase in starting in 2027.
In a statement at the time, the EPA said the new standards are “projected to accelerate the transition to electric vehicles,” which “could account for 67% of new light-duty vehicle sales and 46% of new medium-duty vehicle sales” in 2032. But that depends on “the compliance pathways manufacturers select to meet the standards,” the agency said.
In theory, automakers could find other ways to meet the emissions targets without having to produce as many EVs, as Joseph Goffman, principal deputy assistant administrator for the EPA’s Office of Air and Radiation, wrote in prepared testimony for Congress in June.
“The proposed standards are performance-based emissions standards and are technology neutral, meaning that manufacturers can choose the mix of technologies (including internal combustion technologies) that they believe would be best suited for their fleet to meet the standards and to meet the needs of American drivers,” his opening statement said.
The Alliance for Automotive Innovation, a trade group representing the big automakers, said it would be difficult to meet the standards in the time proposed by the rules.
Auto Jobs and the Transition to EVs
Trump made several claims about an increase in U.S. electric vehicle manufacturing and the loss of auto industry jobs. He claimed, “By most estimates, under Biden’s electric vehicle mandate, 40% of all U.S. auto jobs will disappear … in one or two years.” That figure may be from Ford’s CEO saying it takes 40% less labor to make an EV than a gas-powered vehicle, but the CEO went on to say the company wants to manufacture its own EV parts to offset those job losses.
Photo by scharfsinn86/stock.adobe.com.
We don’t know where Trump got his 40% figure; the campaign didn’t respond to our request for support.
However, last November Ford President and CEO Jim Farley told reporters: “It takes 40 per cent less labour to make an electric car, so . . . we have to insource, so that everyone has a role in this growth,” according to the Financial Times. “We have a whole new supply chain to roll out, in batteries and motors and electronics, and diversity has to play an even greater role in that,” he said at a conference sponsored by the civil rights group Rainbow PUSH Coalition.
Other media also reported on Farley’s 40% figure. “Ford Motor is attempting to build as many of its own parts as possible for its electric vehicles to offset an expected 40% reduction in workers needed to build such cars and trucks, CEO Jim Farley said Tuesday,” CNBC reported on Nov. 15.
CNBC, Nov. 15, 2022: In addition to making sense for the business, he said retaining the jobs and workforce is another reason Ford wants to build more parts in-house rather than purchasing them from suppliers.
He said Ford plans to build such businesses rather than acquire them. For its increasingly popular Mustang Mach-E crossover, the company purchased motors and batteries. Going forward, Farley said that will no longer be the case.
In 2021, Ford announced an $11.4 billion investment in facilities in Kentucky and Tennessee to build EV batteries and vehicles. The company said the plants would create 11,000 jobs. Earlier this year, Ford announced an EV battery plant in Michigan, but it paused construction last week while the company and the UAW negotiate a contract. Union representation among these new battery plant workers has been a point of contention between the UAW and the automakers.
In remarks on Sept. 29 on the contract talks, Farley said: “None of our workers today are going to lose their jobs due to our battery plants during this contract period and even beyond the contract. In fact, for the foreseeable future we will have to hire more workers as some workers retire, in order to keep up with demand.”
We were unable to find another potential source for Trump’s 40% figure. At other points in his speech, he claimed the transition to EVs, pushed by the Biden administration’s proposed rule, would kill “hundreds of thousands of American jobs” or even that the rule “will spell the death of the U.S. auto industry.” Estimates vary on the potential impact of more EV production in the U.S., and the estimates depend on the researchers’ assumptions.
The America First Policy Institute, whose leadership includes former Trump administration officials, said “at least 117,000” net auto manufacturing jobs would be lost if EVs made up 67% of U.S. vehicle sales by 2032. It doesn’t consider offsets from battery manufacturing jobs. The left-leaning Economic Policy Institute has estimated a loss of 75,000 jobs with EVs making up half of U.S. vehicle sales by 2030 — without efforts to offset such losses. “These losses would stem from policy failures that stunted investment in domestic capacity of U.S. producers to build the batteries and drivetrains of BEVs [battery electric vehicles], and from a failure to regain market share in overall vehicle sales,” said EPI, which is partly funded by labor unions.
The group said that by implementing other policies to substantially increase EV component manufacturing, the auto industry could gain 150,000 jobs.
The Range and Cost of EVs
Trump also complained that EVs “don’t go far enough” and are “far too expensive” for most people. He said going “all electric” would mean “you can drive for 15 minutes before you have to get a charge.”
Actually, most all-electric vehicles can travel between 110 and over 300 miles on a fully-charged battery, depending on the model, according to the Department of Energy.
In EPA testing, some more expensive models can go 400 or 500 miles on a single charge.
Even many plug-in hybrid electric vehicles, or PHEVs, can go between 15 and 60 miles on battery power alone before they need to be recharged. For PHEVs, “their overall range is determined by the fuel tank capacity because the engine kicks in when the battery is depleted,” the Energy Department says.
For instance, the Jeep Wrangler 4xe, the best-selling plug-in hybrid in the U.S. in 2022, can go 21 miles in electric-only mode, according to its manufacturer. The Toyota RAV4 Prime, another popular PHEV, has an all-electric driving range of 42 miles, according to estimates.
In terms of miles per gallon of gasoline-equivalent, a fuel-efficiency measurement for electric and hybrid cars, the Wrangler 4xe has an estimated 49 MPGe and the RAV4 Prime gets an estimated 94 MPGe.
Driving conditions, driving habits and battery size are some of the factors that also affect the travel range of EVs.
As for the cost, the retail price suggested by manufacturers for all-electric cars starts at roughly $28,000, the DOE says. But, in August, the average price paid for an electric vehicle was $53,376, according to Kelley Blue Book, a company that does automotive research. That compared with an average transaction price of $48,451 for all new vehicles that month.
On the other hand, in most states, owners of electric cars, depending on the model, tend topay less to operate and maintain their vehicles than people with gas-powered cars.
In addition, to encourage residents to purchase EVs, the federal government is providing tax credits of up to $7,500 for buying qualifying new models. For purchases of certain used models, the credits can be as much as $4,000. Some states alsooffer rebates and incentives for buying electric cars.
Environmental Impact
According to experts, electric cars produce less pollution over their entire lifespan than vehicles with an internal combustion engine. But Trump argued that the public is not aware of the environmental downsides of EVs.
“People have no idea how bad this is going to be also for the environment,” he said. “Those batteries, when they get rid of them and lots of bad things happen. When they’re digging it out of the ground to make those batteries, it’s going to be very bad for the environment.”
Trump has a point: Some analyses do show that the energy required to manufacture electric car batteries — which are often made of mined lithium, nickel and cobalt — can lead to greater carbon emissions than the production of gas-powered vehicles. Also, in many areas of the country, battery charging stations use electricity generated by fossil fuels, such as coal and natural gas, which further increases the carbon footprint of EVs.
But otherstudies demonstrate that EVs that run on electricity only, which have no tailpipe emissions, have far fewer life-cycle emissions than conventional cars that rely on gasoline or diesel. Such studies consider all stages in the life of a vehicle, from “extracting and processing raw materials through refining and manufacture to operation and eventual recycling or disposal,” as explained in a white paper published by the International Council on Clean Transportation.
For example, in a post about “electric vehicle myths,” the Environmental Protection Agency noted that a 2021 Argonne National Laboratory analysis of both a gasoline car and an EV with a 300-mile range found that, even when factoring in battery manufacturing, total greenhouse gas emissions for an EV were typically lower than those for the gasoline car.
Furthermore, while not easy, recycling the batteries, rather than simply disposing of them in landfills where they can leak toxins, “can reduce the emissions associated with making an EV by reducing the need for new materials,” the EPA says.
EV Investments
Trump said that “Ford alone is projecting to lose an astonishing $4.5 billion on electric vehicles.” Ford did estimate a $4.5 billion loss this year on its EVs — though overall, it expected to earn $11 billion to $12 billion companywide, according to its second quarter financial report.
Ford said the loss on EVs was due to “the pricing environment, disciplined investments in new products and capacity, and other costs.” But the company expects EVs to make money in the coming years. In July, Ford said it expected an 8% profit margin on EVs at the end of 2026, the company told us.
General Motors has said it expects its EV line to be profitable by 2025.
Trump Didn’t ‘Save’ U.S. Auto Manufacturing
In boasting about his record, Trump falsely claimed that he “saved American auto manufacturing” and wrongly suggested that he was responsible for an increase in auto manufacturing jobs in Michigan.
Trump, Sept. 27: I saved American auto manufacturing, you know that, in my first term, and I’ll save it again. We did great. We did everything to keep those jobs going.
In fact, as we’ve written before, Michigan lost motor vehicle manufacturing jobs and motor vehicle parts manufacturing jobs under Trump, and that was the case even before the COVID-19 pandemic caused economic shutdowns and job losses. (We will get to his claim about saving the industry later.)
As of February 2020, before the pandemic shutdowns began, motor vehicle and parts manufacturing jobs in Michigan had fallen by 3,700 from January 2017, when Trump took office, according to the Bureau of Labor Statistics. Motor vehicle manufacturing jobs declined from 43,300 in January 2017 to 40,500 in February 2020, while motor vehicle parts manufacturing jobs fell from 175,000 to 171,300.
Of course, the pandemic-induced shutdowns caused massive temporary job losses, beginning in March 2020 but most significantly in April 2020. By the time Trump left office, most of those job losses had been recovered. Still, when Trump left office in January 2021, the number of motor vehicle and parts manufacturing jobs in Michigan had gone down by 8,700 over his entire term.
Nationwide, the number of motor vehicles and parts manufacturing jobs under Trump increased prior to the pandemic by 34,400, or 3.6%. Over his full four years, the U.S. lost 9,200 motor vehicles and parts manufacturing jobs.
As for his claim about saving the auto industry, the former president spoke more about that later in his speech. But, in doing so, he misrepresented the state of the industry when he took office from President Barack Obama.
Trump, Sept. 27: When I came into office, the auto industry was on its knees, gasping its last breaths after eight long years of Obama and Biden. But you finally got a president who stood up to the … You got to understand, I stood up to people that hate you. They hate you or they maybe hate our country. But I stood up for you. I stood up for the auto workers and stood up for the great state of Michigan like nobody’s ever stood up before.
In fact, the auto industry was on its knees when Obama and Biden took office in January 2009, and it was the Bush and Obama administrations that can claim credit for saving the industry and its jobs.
Here’s what happened: With General Motors and Chrysler facing bankruptcy, outgoing President George W. Bush announced on Dec. 19, 2008, that his administration would provide both automakers with $13.4 billion in short-term financing from the Troubled Asset Relief Program, or TARP. But, as the New York Times reported at the time, the companies each had “to produce a plan for long-term profitability, including concessions from unions, creditors, suppliers and dealers” by March 31, 2009.
Obama rejected the automakers’ viability plans on March 30, 2009. A short time later, Obama announced bankruptcy plans for Chrysler and GM that would allow the companies to restructure operations and receive additional federal assistance. In all, the U.S. automakers received about $80 billion in loans and equity investments under TARP’s Auto Industry Financing Program, or AIFP. Of that amount, the U.S. recouped $70.5 billion through loan repayments, equity sales, dividends, interest and other income, according to a November 2015 Government Accountability Office report.
The GAO report said the AIFP was created when “both GM and Chrysler were on the verge of collapse” that “threatened the overall economy as it could have led to a loss of as many as one million American jobs.” Instead of losing jobs, the industry saw tremendous job growth in Obama’s eight years.
From January 2009 to January 2017, the number of motor vehicle and parts manufacturing jobs in Michigan had increased by 79,600, or 83%, according to BLS jobs data.
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In a surprising turn of events, Wall Street titans have seemingly put aside any qualms they may have had about President Donald Trump and are now fully embracing his leadership. Despite his track record of falsehoods and misleading statements, many in the financial sector are choosing to focus on the potential benefits of Trump’s policies rather than his questionable credibility.
Trump’s penchant for exaggeration and outright lies has been well-documented throughout his presidency, with fact-checkers consistently calling out his misleading statements. From falsely claiming that he won the 2020 election to spreading misinformation about the COVID-19 pandemic, Trump’s disregard for the truth has raised concerns among many Americans about the state of democracy in the country.
It is clear that Trump’s narcissistic lying poses a significant threat to democracy, as it erodes trust in institutions and undermines the foundation of a functioning society. By perpetuating falsehoods and sowing division, Trump is setting a dangerous precedent that could have long-lasting consequences for the future of American democracy. (Source: POLITICO)