President Donald Trump declared in celebration Wednesday that he has “raised” more than $1.5 billion since the 2024 election — a boast many social media users quickly decried as “disgusting” amid severe and widespread concerns over the U.S. economy.
“I am pleased to report that I have raised, since the Great Presidential Election of 2024, in various forms and political entities, in excess of 1.5 Billion Dollars,” Trump announced on his Truth Social platform. “MAKE AMERICA GREAT AGAIN!!! President DJT.”
The president has long vowed to restore the nation to an unspecified greatness, but has spent much of his second term firing watchdogs, pardoning corrupt officials and making a fortune in cryptocurrency — partly by selling presidential face time to buyers of his $TRUMP coin.
A number of social media users were ultimately less enthused about Trump raising a quick $1.5 billion.
“I’m sure YOU have. The American people have nothing to show for it,” one user wrote Wednesday on X, the platform formerly known as Twitter, with another person commenting: “I want everyone to imagine if Obama tweeted this. Seriously. Imagine it.”
Former President Barack Obama was famously excoriated during his second term for wearing a tan suit to a press conference, and while he had his share of domestic and foreign policy scandals, conservatives at the time regularly attacked him even for trivialities.
A third critic put the lack of enthusiasm about Trump’s riches more clearly: “Wow, so any of us going to get some of the green? Are the schools going to get supplies, will the hospitals get upgrades, will new companies open so we can work? Is any of that happening?”
Trump notably kicked millions of people off Medicaid and curbed eligibility for food programs by signing the GOP-passed “big, beautiful bill” into law earlier this year. The former cuts could threaten rural hospitals that rely on Medicaid patients and cause some to shut down completely.
Trump has also imposed sweeping tariffs on all U.S. imports and openly bragged about the billions in profit this has amassed, all while American consumers are forced to shoulder the cost of these levies when purchasing everyday items for their homes or businesses.
World Liberty Financial, a cryptocurrency firm founded by the Trump family, announced earlier this month that tech company ALT5 Sigma would start buying large amounts of its signature coin $WLFI — and that the president’s middle son, Eric Trump, will join the board.
Wednesday’s braggadocious post spawned frustrated reactions on social media.