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Trump addresses the American people: I inherited a disaster, but in 2026 there will be an unprecedented economic boom

2025-12-18 15:20:42Kosova&Bota SHKRUAR NGA REDAKSIA VOX

Trump addresses the American people: I inherited a disaster, but in 2026 there

In a sharp and defiant tone, Trump opened his televised address Wednesday night by saying: "Good evening, America. Eleven months ago, I inherited a disaster and I'm fixing it."

It was an 18-minute speech devoted entirely to the economy, set against the backdrop of the White House's Christmas decorations. Standing in the Diplomatic Reception Room, he was not usually seen in televised addresses to the nation. The president listed what he considers the successes of his first year, such as border security and operations against illegal immigration, blamed the previous Biden administration for the high cost of living and predicted "an economic boom the world has never seen before." He returned to calling "tariffs" his favorite word and promised that - thanks to tariff revenue - checks (called Warrant Officers' Bonuses) worth $1,776 have already been sent to all military personnel (1776 is the year of the American Declaration of Independence).

In his first term, Trump did not have a tradition of delivering a year-end address. Yesterday, immediately after his televised address, he told reporters in attendance: “Susie told me I should address the nation.” (Susie Wiles, White House chief of staff, subject of a recent interview with Vanity Fair .) It is no coincidence that he is delivering this speech now: after the government shutdown delayed the release of economic data, the federal reports are now coming out. On Tuesday, the employment report showed unemployment at 4.6%, the highest rate since 2021, the year Biden took office and the economy was emerging from the Covid pandemic. Trump’s strategy continues to be to criticize his predecessor (just yesterday, critical graffiti appeared under portraits of his Democratic predecessors and even George W. Bush in the White House). Trump assures that signs of economic improvement are already visible. The problem for this administration and for Republicans heading into the midterm elections in November 2026 is that Americans are expressing concerns about the cost of living and high prices: Republicans are demanding that Trump refocus on the economy, which he is doing, including with another trip (to North Carolina on Friday) after last week's trip to Pennsylvania.

Trump cited a slew of data and his staff sent tables to reporters to back up his claims, but fact-checkers in the US media immediately disputed some of the figures. Trump claimed that inflation was at its highest level during Joe Biden’s presidency (inflation hit a 40-year high in the summer of 2022, at around 9.1%, but it was higher in the 1910s, 1970s and 1980s). It’s true that gas prices are falling, as Trump claims, but the prices of many food products are not. Trump claimed that thanks to him, the cost of a Thanksgiving turkey has fallen 33% compared to last year and the cost of eggs has fallen 82% since March. It’s true that food prices have fallen sharply over the past five years (they were up 30% since January 2020), but the cost of a turkey is 40% higher than last year and the cost of eggs is down 43% (not 82%). And the cost of products like coffee and meat is rising. Inflation remains at 3%. Three-quarters of Americans in 2025 complained that their wages weren’t enough to keep up with inflation, according to a CBS poll released today.

Trump also blamed Democrats for the looming rise in health insurance prices as Congress prepares to go into recess without passing an extension of Obamacare benefits, which will cause costs to rise for more than 20 million Americans starting Jan. 1. But Trump blamed Obama's law and said he wants to give the money directly to Americans so that insurance is truly affordable. "The only ones who will lose are the insurance companies that have gotten rich and the Democratic Party, which is completely controlled by the same insurance companies." He promised to lower drug costs and announced the upcoming launch of TrumpRX, a website that would allow the companies to sell certain drugs directly to consumers.

 

References to foreign policy were very brief, such as when Trump said he had brought peace "for the first time in 3,000 years" to the Middle East and released hostages.

Illegal immigration was at the center of his speech, as it was during the election campaign (he mentioned 25 million migrants apprehended by border agents during Biden's presidency, but 11 million entered without valid documents, according to CBS). Trump assured that housing costs and job availability would increase thanks to "re-migration", the repatriation of migrants to their countries. Yesterday, the White House also released a video message addressed to "criminals who immigrate illegally", including the song "Jingle Bells" and images of anti-immigration agents, wishing them a Merry Christmas "on a free plane that takes you out of the country".


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