A $1 Billion Foreign Investment in the US Happens About Once Per Day

Facts matter: Sign up for the free Mother Jones Daily newsletter. Support our nonprofit reporting. Subscribe to our print magazine.


We’re going to be seeing a lot of this over the next four years:

How do I know? Because Trump sounds like Dr. Evil here. ONE! BILLION! DOLLARS! For comparison, here is total foreign direct investment since the start of the century:

Every year, there are hundreds of investments of a billion dollars by foreign companies in the US. The Fiat Chrysler announcement is entirely routine.

Still, that’s hundreds of opportunities every year for Trump to blather about how he’s making America great again. Just keep in mind that it’s all nonsense. I figure trend FDI should reach about $3.9 trillion in 2017. Wake me up if Trump manages to get it significantly higher than that, but please don’t insult me by trumpeting every piddling contribution along the way as if he were raining pixie dust over the entire economy.

UPDATE: The original headline and text way overstated the flow of new FDI each year. Sorry. It’s fixed now.

THE END...

of our annual funding cycle is fast approaching, on June 30, and we have a considerable $230,000-plus gap in our online fundraising budget.

If you value the nonprofit journalism you get from Mother Jones, and you can, right now is an important time to help us keep charging hard with a much-needed and much-appreciated donation.

payment methods

THE END...

of our annual funding cycle is fast approaching, on June 30, and we have a considerable $230,000-plus gap in our online fundraising budget.

If you value the nonprofit journalism you get from Mother Jones, and you can, right now is an important time to help us keep charging hard with a much-needed and much-appreciated donation.

payment methods

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate