EPISODE · Dec 1, 2025 · 4 MIN
We’re Making Big Progress on Prices — and We’ll Keep Working to Make Sure Everyone Benefits
from The White House In Audio · host Instaread Podcast
We’re Making Big Progress on Prices — and We’ll Keep Working to Make Sure Everyone BenefitsThe article argues that President Trump inherited a severe inflation and cost‑of‑living problem from President Biden and Democrats, and that his second term is now reversing that damage.Under Biden, inflation averaged nearly 5%, peaking at 9.1%, described as the worst in decades and driven by “Radical Left” spending.Under Trump’s second term, inflation is said to have fallen to an average of 2.7%, with the first overall price decline since 2020, framed as the key first step in fixing the cost‑of‑living crisis.Under Biden, workers allegedly lost over $2,900 in purchasing power because prices rose faster than wages.Under Trump’s second term, real wages (after inflation) have grown by nearly $700 and are projected to be up by about $1,200 after his first full year.Biden’s term is described as having the highest average gas price ever for a president, even after drawing down the Strategic Petroleum Reserve.Under Trump’s second term, Americans have:The article claims Trump’s “energy dominance” strategy will push energy prices and other prices down further.Food: Prices for staples like eggs, butter, ice cream, fresh fruit, cereal, fish, seafood, rice, pasta, and ham are said to be declining under Trump, with “more help on the way.”Housing:Deregulation: Trump’s deregulatory efforts are claimed to save Americans $180 billion total, or $2,100 per family of four, partly by rolling back Biden-era appliance efficiency rules that raised prices.Tax Cuts: Trump signed what is described as the largest tax cuts in American history, including:Jobs & Investment: Companies are said to have invested trillions of dollars in U.S. operations since Trump took office, onshoring and creating hundreds of thousands of jobs.Deficit Reduction: The administration claims that spending cuts, interest savings, economic growth, and tariff revenues will reduce the deficit by trillions, leading to:Employment: The article says 1.9 million more American‑born workers are employed now than when Trump took office, and that more people are working now than ever in U.S. history.The piece closes by emphasizing that Trump will “not rest” until high prices caused by Democrat policies are fully under control, asserting that progress is real and “the best is yet to come.”1. Inflation2. Wages and Purchasing Power3. Gas Prices4. Groceries and Housing5. Policies Driving Lower Prices & Higher Take‑Home Pay6. Closing Message
What this episode covers
We’re Making Big Progress on Prices — and We’ll Keep Working to Make Sure Everyone BenefitsThe article argues that President Trump inherited a severe inflation and cost‑of‑living problem from President Biden and Democrats, and that his second term is now reversing that damage.Under Biden, inflation averaged nearly 5%, peaking at 9.1%, described as the worst in decades and driven by “Radical Left” spending.Under Trump’s second term, inflation is said to have fallen to an average of 2.7%, with the first overall price decline since 2020, framed as the key first step in fixing the cost‑of‑living crisis.Under Biden, workers allegedly lost over $2,900 in purchasing power because prices rose faster than wages.Under Trump’s second term, real wages (after inflation) have grown by nearly $700 and are projected to be up by about $1,200 after his first full year.Biden’s term is described as having the highest average gas price ever for a president, even after drawing down the Strategic Petroleum Reserve.Under Trump’s second term, Americans have:The article claims Trump’s “energy dominance” strategy will push energy prices and other prices down further.Food: Prices for staples like eggs, butter, ice cream, fresh fruit, cereal, fish, seafood, rice, pasta, and ham are said to be declining under Trump, with “more help on the way.”Housing:Deregulation: Trump’s deregulatory efforts are claimed to save Americans $180 billion total, or $2,100 per family of four, partly by rolling back Biden-era appliance efficiency rules that raised prices.Tax Cuts: Trump signed what is described as the largest tax cuts in American history, including:Jobs & Investment: Companies are said to have invested trillions of dollars in U.S. operations since Trump took office, onshoring and creating hundreds of thousands of jobs.Deficit Reduction: The administration claims that spending cuts, interest savings, economic growth, and tariff revenues will reduce the deficit by trillions, leading to:Employment: The article says 1.9 million more American‑born workers are employed now than when Trump took office, and that more people are working now than ever in U.S. history.The piece closes by emphasizing that Trump will “not rest” until high prices caused by Democrat policies are fully under control, asserting that progress is real and “the best is yet to come.”1. Inflation2. Wages and Purchasing Power3. Gas Prices4. Groceries and Housing5. Policies Driving Lower Prices & Higher Take‑Home Pay6. Closing Message
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We’re Making Big Progress on Prices — and We’ll Keep Working to Make Sure Everyone Benefits
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