Trump drops receipts on US savings since Biden's Oval Office exit

[mystery-ak]

Trump drops receipts on US savings since Biden's Oval Office exit

President says wages rising faster than inflation for first time in years during Wednesday speech

By Emma Colton Fox News
Published December 17, 2025 9:50pm EST

President Donald Trump rattled off how his economic policies have pulled America from "the brink of ruin" following former President Joe Biden's tenure during his primetime address to the nation on Wednesday.

"Here at home, we're bringing our economy back from the brink of ruin," Trump said Thursday. "The last administration and their allies in Congress looted our Treasury for trillions of dollars, driving up prices and everything at levels never seen before. I am bringing those high prices down and bringing them down very fast."

Trump said that under the Biden administration, car prices rose by at least 22%, gasoline rose 30% to 50%, hotel rates by 37% and airfares by 31%, and mortgage prices up $15,000 under "Democrat rule."

"Now, under our leadership, they are all coming down and coming down fast,'" Trump continued. "Democrat politicians also sent the cost of groceries soaring, but we are solving that too." 

more
https://www.foxnews.com/politics/trump-drops-receipts-us-savings-since-bidens-oval-office-exit

[cato potatoe]

Trump said that under the Biden administration, car prices rose by at least 22%, gasoline rose 30% to 50%, hotel rates by 37% and airfares by 31%, and mortgage prices up $15,000 under "Democrat rule."

Okay and how much of that was due to the unprecedented spending/money supply expansion in 2020, as well as the residual spending from CARES after Trump left office? 

Are we expected to believe Trump would not have shoveled money from helicopters in 2021, with something akin to the American Rescue Plan?  He was printing checks on his way out the door.

Losing in 2020 was the best thing to ever happen to Trump.  He would have been held responsible for the inflation and left office with a 20% approval rating. 

[Right_in_Virginia]

Are we expected to believe Trump would not have shoveled money from helicopters in 2021, with something akin to the American Rescue Plan? 

How about you keep your TDS focused on what the President's done and not expand it to include what you think he could have done?  You're starting to sound like AOC's press secretary.

[bigheadfred]

Okay and how much of that was due to the unprecedented spending/money supply expansion in 2020, as well as the residual spending from CARES after Trump left office? 

Are we expected to believe Trump would not have shoveled money from helicopters in 2021, with something akin to the American Rescue Plan?  He was printing checks on his way out the door.

Losing in 2020 was the best thing to ever happen to Trump.  He would have been held responsible for the inflation and left office with a 20% approval rating.

https://twitter.com/bennyjohnson/status/2001654856550162828

@Right_in_Virginia


 

[cato potatoe]

How about you keep your TDS focused on what the President's done and not expand it to include what you think he could have done?  You're starting to sound like AOC's press secretary.

There is little chance Trump would have vetoed the American Rescue Plan Act of 2021.  He just signed a budget with continual $2T deficits, and debt totaling $43T by the time he leaves office.

It is entirely possible inflation would have been worse under Trump.  He would have pressured the federal reserve to keep interest rates at zero and ramped up the tariffs much sooner.

[Right_in_Virginia]

There is little chance Trump would have vetoed the American Rescue Plan Act of 2021.  He just signed a budget with continual $2T deficits, and debt totaling $43T by the time he leaves office.

It is entirely possible inflation would have been worse under Trump. 

And it's entirely possible all your speculation is wrong.  But, if this    helps to fill you day .... go for it. 

[Right_in_Virginia]

https://twitter.com/bennyjohnson/status/2001654856550162828

@Right_in_Virginia


 

"Check on the Panicans". 

Thanks for the ping @bigheadfred

[libertybele]

...hmm.....new inflation numbers destroy expectations....   -- I wonder how that happened?     

[cato potatoe]

"Check on the Panicans". 

Fox News Dec 12-15: 90% of voters are "extremely" or "very" concerned about high prices. 

They aren't buying what the government is selling.

[IsailedawayfromFR]

There is little chance Trump would have vetoed the American Rescue Plan Act of 2021.  He just signed a budget with continual $2T deficits, and debt totaling $43T by the time he leaves office.

It is entirely possible inflation would have been worse under Trump.  He would have pressured the federal reserve to keep interest rates at zero and ramped up the tariffs much sooner.

First, it is not a budget but a continuing resolution to spend money.  The last budget passed by Congress was in 1997.

Only 3 of the 12 appropriation bills constituting a budget for FY2026 has been passed to date.

Second, the continuing resolution recently passed concludes well before he leaves office, as future Fiscal Year appropriations will have to be made to cover that period up until when he steps down.

What you have stated is a gross misstatement and it appears you are simply projecting your own views rather than facts.

[Fishrrman]

I Sailed reminds us with:
"First, it is not a budget but a continuing resolution to spend money.  The last budget passed by Congress was in 1997..."

Almost 30 years without an actual "budget" being passed on time?

Sumthin' tells me no one reading this message today will live to see another one.

[Bigun]

First, it is not a budget but a continuing resolution to spend money.  The last budget passed by Congress was in 1997.

Only 3 of the 12 appropriation bills constituting a budget for FY2026 has been passed to date.

Second, the continuing resolution recently passed concludes well before he leaves office, as future Fiscal Year appropriations will have to be made to cover that period up until when he steps down.

What you have stated is a gross misstatement and it appears you are simply projecting your own views rather than facts.

 

[Bigun]

Fox News Dec 12-15: 90% of voters are "extremely" or "very" concerned about high prices.

Anyone who isn't concerned about high prices is a total dumb @$$ but the REAL question is why are prices so high?

They aren't buying what the government is selling.

Maybe the government shouldn't have anything to sell in the first place!