
The Daily Trump Says the Economy Is Good. Is It?
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Dec 19, 2025 Tony Romm, a Washington reporter for The New York Times, examines President Trump's attempts to reassure citizens about the economy amidst declining affordability. He discusses Trump's recent national address filled with economic claims and the White House's messaging shift toward policy promises. Ben Casselman, the chief economics correspondent, explains the troubling job market, cooling inflation, and how spending patterns reveal inequality. They delve into whether proposed tax refunds can address deeper structural issues affecting everyday Americans.
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Trump Shifts Messaging On Affordability
- President Trump shifted from calling affordability a "hoax" to directly arguing the economy is strong in a focused address.
- Tony Romm notes the speech used data selectively and sometimes exaggerated claims to bolster that narrative.
Tax Law And Tariff Plans Are Central Promises
- The administration is banking on tax-law implementation to deliver bigger refunds and business investment next year.
- Tony Romm warns refunds vary by filer and tariff rebate plans remain vague and legally uncertain.
Plan For Larger 2026 Tax Refunds
- Expect larger tax refunds in 2026 because payroll withholding tables weren't updated after the summer tax changes.
- Prepare finances with the possibility of a one-time cash boost but recognize amounts vary by filer.


