Trump Says America Poised For An Economic Boom The Lion

In a prime-time address Wednesday, President Donald Trump argued the “affordability crisis” facing American households is not a new phenomenon, but the lingering result of inflation… In a prime-time address Wednesday, President Donald Trump argued the “affordability crisis” facing American households is not a new phenomenon, but the lingering result of inflation unleashed during the Biden administration. At the same time, Trump said his administration has set the table for “an economic boom the likes of which the world has never seen” in 2026. The speech touched on prices, wages, border enforcement and economic growth. Trump sought to reframe the national debate away from affordability as a standalone concept and back toward inflation caused by the Biden administration as the root cause. In a primetime address Wednesday, President Trump said the nation is on the brink of an economic boom and claimed prices are falling quickly, even as affordability remains a top concern for voters.

In a defensive and boastful address to the nation Wednesday night, President Trump insisted that the U.S. is poised for an economic boom and said that high prices are falling. He blamed his predecessor and immigrants for many of the country's problems. The speech comes as a majority of voters say they are not feeling the economic relief Trump promised in his campaign and touted in his speech. Recent polling shows Trump's rating on the economy is historically low and high prices remain a top concern. FADEL: With us to talk this through is NPR White House correspondent Deepa Shivaram.

Hi, Deepa. DEEPA SHIVARAM, BYLINE: Hey. Good morning. Sign up now: Get ST's newsletters delivered to your inbox US President Donald Trump addressing the nation from the Diplomatic Reception Room of the White House in Washington on Dec 17. “Good evening, America.

Eleven months ago, I inherited a mess, and I’m fixing it,” the 79-year-old said in his live speech from the White House at the end of his first year back in power. Mr Trump faces growing voter anger over the issue of affordability despite his efforts to dismiss it as a “hoax” by Democrats, sparking Republican fears they could be punished in the 2026 midterm elections. The billionaire leader insisted that prices of petrol and groceries that have worried Americans were “falling rapidly, and it’s not done yet. But boy, are we making progress”. US President Donald Trump has promised Americans an economic boom in an address to the nation, while blaming Democratic predecessor Joe Biden for high prices that have hit the Republican's popularity. "Good evening America.

Eleven months ago I inherited a mess, and I'm fixing it," the 79-year-old said in a live speech from the White House at the end of his first year back in power. Mr Trump faces growing voter anger over the issue of affordability despite his efforts to dismiss it as a "hoax" by Democrats, sparking Republican fears they could be punished in the 2026 mid-term elections. The billionaire president insisted that prices of gas and groceries that have worried Americans were "falling rapidly, and it's not done yet. But boy, are we making progress." In a surprise announcement, Mr Trump said that 1.45 million United States military service members would each receive "warrior dividend" bonus checks for $1,776 (€1,512) before Christmas, paid for with revenues raised from tariffs. A version of this story appeared in CNN’s What Matters newsletter.

To get it in your inbox, sign up for free here. President Donald Trump tried to hit the reset button with Americans on Wednesday night by reminding them of the Biden administration and arguing his own policies have driven down prices and made America great. It was a factually challenged address that reads like a screed. It may appeal to Trump’s MAGA base, but it isn’t likely to convince moderate and independent voters who are worried about the economy. CNN’s Fact Check team took a run through the speech, but I went line by line because much of what he said was not fact checkable and it’s important to try to follow his... The speech, which was relatively short and read mostly from a teleprompter, is below, along with context.

Most Americans have yet to see this boom – but they’ve certainly heard a lot about it from the president Moments into his second term, opening his inaugural address, Donald Trump was unequivocal. “The golden age of America begins right now,” he declared. At a White House reception last weekend, a little over 10 months later, the US president appeared to acknowledge just how far his timeline had shifted. “We’re going to have … I say it’s the golden age of America,” Trump told his audience. “We have an age that’s coming up, the likes of which … this country has never seen.

And I just look so forward to the results. You’re going to see results in six months to a year.” The US economy has come under pressure in 2025. A golden age did not promptly take hold, as Trump initially claimed, upon his return to office in January.

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