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Davos 2026: Data Confirms Trump’s Economic Claims as the U.S. Outperforms Europe

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Donald Trump speaking at the World Economic Forum Annual Meeting in Davos 2026, addressing global economic issues with a microphone in hand against a blue backdrop.President Trump outlines the strength of the U.S. economy at the World Economic Forum in Davos, 2026. Photo courtesy of the Trump White House.

In his speech at the World Economic Forum in Davos, President Trump criticized Europe for losing its way and outlined how well the U.S. economy is doing during his second term. Below is a list of 29 claims he made, along with verification and explanation. Overall, Trump is right, and the claims he made are largely true, although some need additional explanation and nuance.

ECONOMIC GROWTH AND PERFORMANCE
CLAIM 1: Core inflation at 1.6 percent over the past three months

BLS December 2025 CPI data shows core inflation at 2.6 percent on a year over year basis. Trump’s 1.6 percent figure refers not to the annual rate but to the most recent three month trend. When core inflation from October, November, and December 2025 is annualized, it comes out to roughly 1.6 percent.

In other words, the 2.6 percent figure reflects inflation over the full past year, while the 1.6 percent figure captures the current trajectory. Both numbers are accurate, but they describe different time frames.

CLAIM 2: Fourth-quarter growth projected at 5.4 percent

This claim is supported by the Atlanta Fed’s GDPNow model, which projected Q4 2025 real GDP growth at 5.4 percent as of January 22, 2026.

CLAIM 3: Stock market set multiple all-time highs in one year

This claim is accurate. The S&P 500 reached multiple record highs in 2025 and finished the year up approximately 17 to 18 percent.

CLAIM 4: Adding $9 trillion in value to retirement accounts and savings

With the S&P 500 up roughly 17 to 18 percent in 2025, a $9 trillion increase in retirement and savings account values is mathematically plausible given total U.S. market capitalization.

CLAIM 5: 1.2 million people lifted off food stamps since inauguration

The figure refers to 1.2 million households, equivalent to roughly 4 million individuals no longer receiving SNAP benefits.

CLAIM 6: Secured commitments for $18 trillion to $20 trillion in new investment

This claim is accurate. When foreign direct investment and broader investment commitments are combined, total pledged inflows reach approximately $18 to $20 trillion. Some commitments include trade components, which has led to media disputes, but when all agreements are counted, the total reflects new capital expected to flow into the United States over the coming years as a result of Trump-era deals with partners and allies.

GOVERNMENT SPENDING AND EMPLOYMENT REDUCTIONS
CLAIM 7: Removed over 270,000 bureaucrats from federal payrolls, largest single-year cut since WWII

Verified. NPR and OPM Director Scott Kupor confirmed roughly 317,000 federal employees exiting by the end of 2025, making the 270,000 figure conservative.

CLAIM 8: Cut federal spending by $100 billion

Verified by Cato. Announced cuts total at least $100 billion, driven by federal workforce reductions and benefit cuts, contributing to a 27 percent deficit reduction.

CLAIM 9: Cut 129 regulations for every one new regulation

The ratio is rhetorical, but Trump has sharply reduced regulations to lower costs and encourage private-sector investment.

TAX POLICY
CLAIM 10: Passed the largest tax cuts in American history

While likely smaller than the 1981 Reagan tax cuts, the One Big Beautiful Bill Act extends key TCJA provisions, cuts taxes on tips and overtime, and is projected to reduce revenue by roughly $5 trillion from 2025 to 2034, fulfilling a core campaign promise.

CLAIM 11: 100 percent expensing and bonus depreciation for new capital investments

Correct. Originally enacted under the 2017 TCJA, 100 percent bonus depreciation was extended or expanded by Trump in 2025.

TRADE AND TARIFFS

CLAIM 12: Slashed monthly trade deficit by 77 percent in one year with no inflation

BEA and Census data show the trade deficit hit a 16-year low in October 2025, though this reflects a single month and may not represent a sustained trend.

CLAIM 13: American exports up by more than $150 billion

Exports increased compared to the same period in 2024. Census and BEA data show the goods and services deficit fell to $29.4 billion in October, down from $48.1 billion in September, indicating rising exports, though the full $150 billion figure reflects cumulative gains rather than a single-month change.

CLAIM 14: Made historic trade deals covering 40 percent of U.S. trade

The 40 percent figure is difficult to verify, but Trump secured major trade agreements, including a record deal with the EU, covering a substantial share of U.S. trade.

MANUFACTURING AND PRODUCTION
CLAIM 15: Domestic steel production up by 300,000 tons per month

AISI data shows year-over-year gains close to this level. January 2026 production averaged about 1.756 million net tons per week versus 1.7 million a year earlier, implying roughly 240,000 tons per month. In late 2025, output increases in high-demand months approached or exceeded 300,000 tons as new electric arc furnaces reached full capacity.

CLAIM 16: Factory construction up by 41 percent

Plausible. Census data shows manufacturing construction spending at a record annualized rate above $230 billion in 2024–2025, more than double 2021 levels, making a 41 percent increase credible depending on the comparison period.

CLAIM 17: Steel plants being built all over the country

Largely accurate. The U.S. is experiencing a steel expansion, with new plants and projects spread beyond the Rust Belt into the South and West. As of January 2026, major steel facilities are under construction or recently completed across multiple states.

CLAIM 18: More car plants being built than ever before

Partly true. By investment value, current auto plant construction exceeds the 1940s and 1950s, driven largely by EV manufacturing. The number of distinct plants may be lower than mid-century levels, but modern facilities are far larger and more capital intensive.

ENERGY
CLAIM 19: U.S. natural gas production at an all-time high

EIA data shows record dry gas output in 2025 at about 107.4 Bcf/d, with 2026 production projected to rise further to roughly 108.8 Bcf/d.

CLAIM 20: U.S. oil production up by 730,000 barrels per day

Mostly accurate. EIA data shows U.S. output rose from about 13.2 million b/d in 2024 to roughly 13.6 million b/d in 2025, a gain of about 400,000 b/d year over year. The 730,000 figure reflects cumulative growth from late 2023 through late 2025, when production peaked near 13.9 million b/d.

CLAIM 21: Gasoline prices below $2.50 nationally, with some states under $2.00

Verified. Prices in many states are below $2.50 per gallon, with some markets reporting $1.95–$1.99.

PRESCRIPTION DRUG PRICING
CLAIM 22: Most-favored nation policy cutting drug prices by up to 90 percent

The 90 percent figure reflects the gap between U.S. list prices and MFN prices paid by peer countries. Under TrumpRx.gov, some cash-pay drugs, including insulin and inhalers, have seen real-world price cuts of roughly 60 to 70 percent.

INCOME AND HOUSING
CLAIM 23: Real incomes up by $2,000 to $5,000 since Biden administration

Verified. BLS data confirms real income gains within this range.

CLAIM 24: Average 30-year mortgage rate fell below 6 percent

Verified. On January 22, 2026, major trackers including Zillow reported the average 30-year mortgage rate at 5.99 percent.

CLAIM 25: Executive order banning large institutional investors from buying single-family homes

Verified. On January 20, 2026, President Trump signed an executive order titled “Stopping Wall Street from Competing with Main Street Homebuyers,” targeting large institutional buyers outbidding families for starter homes.

IMMIGRATION IMPACT ON WELFARE AND HOUSING
CLAIM 26: Fewer than 2 million homes built in 2024 while over 8 million illegal aliens were admitted under Biden

Largely accurate. Census and NAHB data show 2024 housing starts at about 1.36 million and completions around 1.5 to 1.6 million, well below 2 million. The roughly 8 million figure reflects cumulative illegal immigration under the Biden administration.

CLAIM 27: 2025 marked the first reverse migration in 50 years

Verified. DHS reported over 2.5 million illegal aliens leaving the U.S. in 2025, including more than 605,000 deportations and 1.9 million voluntary self-departures. Southwest border apprehensions fell to 237,538, the lowest level since 1970, resulting in net negative migration.

CLAIM 28: Cutting illegal aliens off welfare and government benefits

The administration ended federally subsidized benefits accessed through parole and state workarounds, halted federal matching funds for state programs covering illegal alien adults, revived and expanded the public charge rule, and restricted benefit access for lawfully present non-citizens under the OBBBA. Federal reimbursement for emergency care for illegal aliens is also set to be sharply reduced starting October 1, 2026.

INVESTMENT AND BUSINESS ACTIVITY
CLAIM 29: Car plants moving back from Canada, Mexico, Japan, and China to avoid tariffs

Verified. The 25 percent auto tariffs imposed in April 2025 triggered major reshoring moves as automakers shifted production to avoid duties that add thousands to vehicle prices. GM alone announced a shift from Mexico adding roughly 300,000 vehicles per year to U.S. capacity and 3,000 to 4,000 jobs. The outward flow of auto manufacturing has reversed, with Kansas, Tennessee, and Michigan among the main beneficiaries.

The post Davos 2026: Data Confirms Trump’s Economic Claims as the U.S. Outperforms Europe appeared first on The Gateway Pundit.

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‘Pamphlets About Sharia Law and Other Islamic Things’ in Texas High School

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Image: Wikimedia Commons (Deceased Chief Commander of Hizbul Mujahideen and Others)

High school students in Wylie, Texas, were recently provided with Muslim religious materials by representatives of an Islamic organization called Why Islam.

On February 2, in a video shared on X by Sara Gonzales, the president of the High School Republicans at Wiley East High School disclosed that members of Why Islam were providing hijabs to certain female students, along with Qurans and pamphlets about Sharia law to the student body—over their lunch hour “on public school taxpayer-funded time.”

In the follow-up reports regarding this incident, media outlets failed to mention Why Islam’s ties to groups that have long been scrutinized for their anti-Semitic views, sympathies toward terrorism, and other concerning affiliations.

Image: Screenshot by J.M. Phelps: Ties to ICNA visible on Why Islam’s website

Interestingly, the Islamic Circle of North America (ICNA) serves as the “chief representative body” in the U.S. for Jamaat-e-Islami (JeI), a South Asian Islamist movement. JeI’s militant wing, Hizbul Mujahideen, has been classified as a terrorist organization by the U.S. since 2017.

The Investigative Project on Terrorism also reported that ICNA’s websites once featured links to groups such as Hamas, Hezbollah, and militant factions active in Afghanistan and Kashmir. Furthermore, ICNA has supported the Islamic Society in Gaza, a group that has been known to radicalize children to support Hamas.

Why should this be a concern for the Texas school district, or any school district for that matter? Because, as stated by Focus on Western Islamism, “ICNA runs…a number of da’wah [proselytization] campaigns—the most active of which is called Why Islam.”

The Gateway Pundit interviewed Melanie Kurdys, a board member of United States Parents Involved in Education (USPIE). When the author of this article pointed out the connections between Why Islam and ICNA, as well as ICNA’s links to JeI, she was appalled.

She likened the discovery to that of the infiltration of the Chinese Communist Party (CCP) in America’s school systems through initiatives like Confucius Classrooms in K-12 schools and Confucius Institutes at universities.

“I think people have opened their eyes to this,” Kurdys said. “We went through a period of not caring, and now we realize that this was the way the communists managed to infiltrate our country and attempt to seize control. Why would you think this is any different?”

She extended the benefit of the doubt to those handing out the Muslim materials to students at the high school, suggesting they might be unaware of Why Islam’s connections to antisemitic, terror sympathizing groups. However, she also cautioned, “you always have the canary in the coal mine.”

With regard to Why Islam advocating for their Islamic beliefs in the public school, she said other groups in the community should have been afforded the same opportunity, having “a seat at the table.” To the contrary, the student featured in the video claimed that no other faith groups had ever been invited, asserting, “we’ve never had a faith group to my understanding.”

Given that Sharia law is often viewed as incompatible with the U.S. Constitution, American laws, and ” the American way of life,” Kurdys asked why the distribution of pamphlets on this subject was permitted. “Would Americans be granted the same interfaith respect and mutual survival [in a Muslim-majority nation]?”

While she encourages interfaith dialogue for students to gain knowledge, she also fears what could happen if it’s left unbridled and unchecked. After all, there’s already this example in Texas public schools with ties to a few controversial, perhaps dangerous, players.

Whether it’s related to the infiltration of Islamist groups or the CCP, or pornography in libraries, Kurdys said, “You can protect your kids by keeping them out of the government schools and opting for homeschooling or private education.”

The post ‘Pamphlets About Sharia Law and Other Islamic Things’ in Texas High School appeared first on The Gateway Pundit.

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Trump Admin to Repeal Obama-Era Climate Rule in ‘Largest Act of Deregulation in the History of the US’

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Barack Obama speaking at The Connecticut Forum, discussing key issues while holding a microphone and gesturing with his hand.

The Trump administration is planning to wipe away the foundation that supported Obama-era regulations on greenhouse gasses, according to a new report.

According to The Wall Street Journal, the so-called “endangerment finding” of 2009 that labeled six greenhouse gasses as a threat to public health and welfare will be overturned.

The finding gave the Environmental Protection Agency legal authority to limit emissions from power plants and vehicles.

“This amounts to the largest act of deregulation in the history of the United States,” EPA Administrator Lee Zeldin said.

The final rule is expected to be made public this week, the Journal wrote.

The Journal said the rule “removes the regulatory requirements to measure, report, certify and comply with federal greenhouse-gas emission standards for motor vehicles, and repeals associated compliance programs, credit provisions and reporting obligations for industries,” citing administration officials it did not name as the source of the report.

The new rule will not directly overturn regulations on power plant emissions but could be a first step in that direction, The Journal report said.

Trump began the process on the day he became president by directing the EPA to determine if the finding should remain in place. In July, the EPA first proposed rescinding the finding.

The report said the officials it did not name estimated removing the finding would reduce costs of compliance by about $1 trillion.

“More energy drives human flourishing,” Interior Secretary Doug Burgum said. “Energy abundance is the thing that we have to focus on, not regulating certain forms of energy out.”

On Wednesday, Trump is scheduled to announce an executive order directing the War Department to buy electricity from coal-fired power plants.

Trump has made no secret of his support for wiping away regulations that constrict America’s energy supplying.

“My Administration is committed to unleashing American energy, especially through the removal of all illegitimate impediments to the identification, development, siting, production, investment in, or use of domestic energy resources — particularly oil, natural gas, coal, hydropower, geothermal, biofuel, critical mineral, and nuclear energy resources,” Trump wrote in a 2025 fact sheet,

“An affordable and reliable domestic energy supply is essential to the national and economic security of the United States, as well as our foreign policy.  Simply put, Americans are better off when the United States is energy dominant.”

Last month, Trump tweaked the climate change crowd over the extreme cold that hit the U.S.

“Record Cold Wave expected to hit 40 States. Rarely seen anything like it before. Could the Environmental Insurrectionists please explain — WHATEVER HAPPENED TO GLOBAL WARMING???” Trump wrote on Truth Social.

This article appeared originally on The Western Journal.

The post Trump Admin to Repeal Obama-Era Climate Rule in ‘Largest Act of Deregulation in the History of the US’ appeared first on The Gateway Pundit.

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WAYNE ROOT: President Trump, Take the Offensive. The Moment to Strike is Now. Prove You’re the Greatest Dealmaker in History- Pass the SAVE Act. As a Bonus, Create “Illegal Alien Hall of Shame.” Tie it all to Epstein.

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Serious expression of a man in a suit during a formal event, highlighting intense focus and engagement.

By Wayne Allyn Root

I can feel it. The momentum has shifted. This is the moment to take action, to be aggressive, to go for broke.

This is the moment to put the radical left losers on their heels.

This is the moment to win the midterms.

This is the moment to stop voter fraud forever. Which means we stop Democrats from winning elections forever. Because without fraud…and rigged elections…they’ve got nothing. They can’t win without fraud.

This is the moment to use the shocking Epstein scandal to educate the American people.

But most of all, this is the moment to prove Mr. President that you’re the greatest dealmaker in history!

Let’s start with the “Art of the Deal.”

The SAVE Act is the whole enchilada. The whole kit and caboodle. The whole kitchen sink.

Pass it by hook or crook, by any and all means necessary…and the GOP wins the midterms…wins the presidency in 2028…and then with the help of a new Census that bans the counting of illegal aliens, the GOP gains enough electoral votes and new seats in Congress to win for decades to come.

We will control the electoral map!

But we have to get to 2030 first. We can’t get there if we lose the midterms, and lose the presidency in 2028. Then it’s all over. All our plans are dead. If we lose because we didn’t pass the SAVE Act, then the mass deportation is stopped. And election integrity is dead on arrival. Then after 2028 the borders will be open again.And then illegal aliens will vote by the millions to elect Democrats forever more.

It all begins and ends with the SAVE Act.

Here’s how to get it done…

Do you remember Obamacare? Does anyone remember how it passed? It passed only with the most disgusting, disgraceful, blatant, out-in-the-open bribery in America’s history.

Obama twisted the arms of Democrat Congressmen and Senators until they broke. He bribed the last remaining holdouts with anything and everything they wanted to change their final votes to a “YES.” He opened the vault and gave away the kitchen sink (with taxpayer money, of course). He made their dreams come true. He offered them so many goodies that no one could say no.

This was legal bribery- obviously. Because no one in the GOP said a word. The Supreme Court never said a word. Obama used taxpayer money and the most obscne giveawa in history to pass Obamacare by one vote in the US Senate (exactly the 60 he needed to defeat the Filibuster)- and therefore change the entire US economy and healthcare system forever. Trillions of dollars changed hands because of that one vote.

Obama changed the course of history by one vote. And he got the final few votes necessary by any means possible, by hook or crook. He gave away the store- with your money!

Obama gave away billions of dollars of taxpayer money in order to benefit his biggest Democrat donors with trillions of dollars of healthcare spending.

That’s the way the game is played in DC, President Trump.

Now it’s your turn President Trump to get the deal done…to change the course of history…to prove the “Art of the Deal”…to twist arms until they break…to play Santa and dole out to the holdouts whatever it takes to get the deciding votes. Obama proved it’s all legal.

I don’t care how you get it done. Bend the rules. Give away the store. Legally bribe the holdouts. Legal Senate maneuvering. Kill the Filibuster. Whatever you have to do- DO IT.

This is your legacy, President Trump.

Prove you’re the greatest dealmaker in history. This is your “Art of the Deal” moment.

The SAVE Act means Democrats can’t rig and steal elections anymore. They’ll have to win with ideas- and they don’t have any ideas that appeal to the majority of American voters.

Install Photo Voter ID to vote in federal elections. Install proof of citizenship to vote. End mail-in ballots. Do all of that and Democrats can’t win elections.

Game, set, match.

But this is the last chance EVER to pass it. Fail to pass it and we lose the midterms. With a Democrat majority the chance for election integrity is gone forever. So is the chance to change the Census to ban the counting of illegals. So is mass deportation.

So is your presidency. The whole MAGA agenda is over and you’re a lame duck president.

We become a one-party state. Then comes the censorship and weaponization all over again. Then they send you to prison after your presidency is over.

Pass the damn SAVE Act- by any means necessary.

Now to part 2. “The Illegal Alien Hall of Shame.” America is shocked, outraged and disgusted by Epstein. Rightfully so. Here’s how to tie that outrage to mass deportation.

It’s time to win the PR offensive. It’s time to show the American people why mass deportation is the only way to protect their children. Tie it all to Epstein.

Illegal immigration is Epstein times millions.

America sees one 9-year-old child abused and sexually assaulted by Epstein- and they freak out (as well they should). They see hundreds of underage girls pimped out by Epstein to the most powerful people in the world- and the nation freaks out (as well they should).

But every hour of every day, thousands of young children are assaulted, abused, raped and murdered. All because of open borders, illegal immigration, transnational gangs and Drug Cartels. That’s their business- the Cartels make billions of dollars per week on sex trafficking, child sex trafficking, pedophilia, and the drug trafficking that is killing our children- by the hundreds of thousands.

It’s time for “Show and Tell.”

Create “The Illegal Alien Hall of Shame.” Pay for hundreds of millions of dollars of TV ads between now and the midterms showing the mug shots of illegal aliens who trafficked, abused, assaulted, raped and murdered little girls and boys. Show the parents of children who were murdered, assaulted or abused telling their tragic stories…and thanking President Trump and ICE for arresting these monsters.

This is Epstein times millions.

Prove it with “Show and Tell.” Show the monsters. Show the parents of rape and murder victims. Call it “The Illegal Alien Hall of Shame.” Put the stories front and center, 24/7 from now until the midterms, in front of the American people.

Make the case that we are deporting millions of Epsteins who want to abuse, assault, rape, murder and destroy your children with drugs.

Be aggressive. Take the offensive. Create the momentum- while you work on exploding the economy and making our jobs, GDP and retirement accounts great again. This is what American voters care about. The economy and the crimes of illegals. Tie it all to Epstein.

And pass that damn SAVE Act this week- by any and all means necessary.

Prove you’re the greatest dealmaker in history.

ABOUT THE AUTHOR: Wayne Allyn Root is a CEO, businessman, best-selling author, and national conservative TV and radio host, who has interviewed President Trump 16 times. Watch Wayne’s TV show “America’s Top Ten Countdown” on Real America’s Voice TV Saturdays at Noon ET and his video podcast “WAR Zone presented by The Gateway Pundit” daily from 6 PM to 8 PM ET at TheGatewayPundit.com. His website is ROOTforAmerica.com. Read Wayne’s latest fun book, “How Democrats Have Made America Great.” It’s 140 blank pages. The joke is on Democrats!

The post WAYNE ROOT: President Trump, Take the Offensive. The Moment to Strike is Now. Prove You’re the Greatest Dealmaker in History- Pass the SAVE Act. As a Bonus, Create “Illegal Alien Hall of Shame.” Tie it all to Epstein. appeared first on The Gateway Pundit.

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