Senator Bernie Moreno's recent social media post claiming major successes during President Trump's early tenure was met with substantial backlash for its inaccuracies. Moreno lauded achievements like a 10% stock market rise and significant decreases in gas prices and inflation, yet these claims were swiftly debunked by economists and analysts. Social media platforms saw users fact-checking his statements, which highlighted the misleading nature of his statements. While he correctly identified $6 trillion in new investment pledges, experts noted the actual implications of this investment would be much less impactful than suggested.
The one figure Moreno did get correct was the $6 trillion in pledged new investment Trump has secured.
The price of gas is up 2.6%, not down 20%. Consumer confidence is lower than it was at any point in 2023 or 2024.
Just baffling that a U.S. senator goes on Twitter to tell obvious, easily checkable lies.
The claim of a 10% stock market rise is false; the S&P 500 dropped ~1.37% from Jan 20 to May 27, 2025.
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