Taming Inflation: Claims of Progress

• Economic Recovery & Inflation Control

  • Trump inherited an economic crisis caused by Biden’s administration and Democratic policies.
  • Inflation under Biden averaged ~5%, peaking at 9.1%, while under Trump’s second term it dropped to ~2.7%.
  • Price declines in categories like groceries (eggs, butter, ice cream, etc.) and housing costs.

• Gas & Energy Prices

  • Under Biden: highest gas prices in history, even after using strategic reserves.
  • Under Trump: lowest average gas prices in 4+ years, with energy dominance expected to reduce costs further.

• Real Wage Gains

  • Under Biden: workers lost $2,900 in purchasing power.
  • Under Trump: real wages grew by $700 and projected to increase by $1,200 after the first full year.

• Tax Cuts & Deregulation

  • Trump signed what is described as the largest tax cut in U.S. history, including:
    • No tax on tips, overtime, or Social Security.
  • De-regulatory efforts have saved Americans $180 billion collectively.

• Investment & Job Growth

  • Trillions of dollars have been invested in U.S. operations, creating hundreds of thousands of jobs.
  • States 1.9 million more American-born workers employed than when Trump took office.
  • Tariffs are a driver for on-shoring and industrial investment.

• Trade Deals & Tariffs

  • New trade agreements with Switzerland and exemptions for certain agricultural products.
  • Tariffs are credited for bringing manufacturing and AI investments back to the U.S.

Please Hit Subscribe to this podcast Right Now. Also Please Subscribe to the The Ben Ferguson Show Podcast and Verdict with Ted Cruz Wherever You get You're Podcasts. And don't forget to follow the show on Social Media so you never miss a moment! Thanks for Listening

X: https://x.com/benfergusonshow

YouTube: https://www.youtube.com/@VerdictwithTedCruz

See omnystudio.com/listener for privacy information.