NEWS bought to you from "AS THE BULLSHIT FLIES" United States President Donald Trump speaks during the 81st session BSING the world CLAIM: "We have more munitions than we could ever possibly even think of using, and we're building them at levels that we have never done before." THE FACTS: Published reports and experts contradict this claim. Weapons stockpiles are diminishing, according to officials from the U.S. military, NATO and the Middle East, and it will take years for U.S. military contractors to replenishTomahawk cruise missiles as well asPatriot andTHAAD missile interceptors, according to defense experts. CLAIM: "When you add the United States and Venezuela together, we have more than 60% of the oil in the world." THE FACTS: Trump's numbers don't add up. In a deal announced at the end of August, the U.S. entered into a joint venture that gives it 100-year rights to 17 oil fields in Venezuela with proven reserves of 65 billion barrels of oil. It is estimated the country has reserves totaling more than 303 billion barrels of crude oil. CLAIM: "The United States has carried out dozens of strikes on cartel drug boats, destroying 97% of the drugs coming into the ocean and sea." THE FACTS: Trump has made similar claims in recent months, with varying percentages. But experts say the real number can't be known because it is impossible to determine how many drugs are not intercepted. CLAIM: "More Americans are working today by far than ever before." THE FACTS: It's true that "more Americans are working today by far than ever before," but the statement needs context. The economy adds jobs most months, so U.S. payrolls are constantly hitting new highs. Jobs have increased in the U.S. in 65 of the last 80 years. CLAIM: "Since I took office, we have created more than 1 million new private sector jobs." THE FACTS: The U.S. has added 807,000 jobs since Trump's second administration began, close to his claim of 1 million. But by historical standards, it's not a particularly large increase. CLAIM: "Since I took office, it has been my great honor to settle eight wars." THE FACTS: Although Trump has helped mediate relations among many nations, his impact isn't as clear-cutas he makes it seem. In at least two instances of peace he claims credit for achieving, there were no wars to end. He also began the ongoing war between the U.S. and Iran. CLAIM: "We've secured commitments for $21 trillion in new investments from all over the planet." THE FACTS: This $21 trillion figure appears to be exaggerated, highly speculative, and far higher than the actual sum of domestic and foreign investments in the U.S. The White House website offers a far lower number, $11.2 trillion, and that figure appears to include some investment commitments made during the Biden administration. Conclusion: Smoke & Mirrors to the unwary. Beloud