Winning the AI Race Part 5: President Trump on the AI Action Plan

Thu, 24 Jul 2025 01:17:00 +0000

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Donald Trump Wrong 00:37:09 governmenteconomy

The United States will add at least as much new electric power generation capacity as China going forward under the Trump administration.

“Under the Trump administration, we will be adding at least as much electric capacity as China. We think we're going to catch them and maybe even have something a little bit extra.” View on YouTube
Explanation

The opposite occurred: China added roughly 8x more power generation capacity than the US in 2025 alone (China's installed capacity grew 16.1% year-over-year vs. the US's projected 1.1% growth in 2026), and China's total installed capacity now exceeds the combined total of the US, EU, India, Japan, and Russia.

Donald Trump Wrong 00:33:21 economygovernment

Within a few years, the United States will manufacture more automobiles domestically than at any point in its history.

“We're going to be making more cars than we made in the very beginning in the super prime... I think we're going to be topping any amount in a few years. We will be making more automobiles than we've ever made in the history of our country.” View on YouTube
Explanation

US auto production is trending the opposite direction: 2025 production fell 2% to roughly 10 million light vehicles (well below the historical peak of roughly 12.8 million), and forecasts call for continued flat-to-declining output in 2026-2027, not a new all-time production record.