By: Fern Sidman- Jewish Voice News

In a sweeping economic assessment released this week, President Donald Trump and senior officials from the White House Communications team outlined a dramatic reversal of the inflationary spiral and cost-of-living pressures inherited from the Biden administration—while insisting the administration “will not rest” until American households feel full and lasting relief.

The memo, distributed by the White House Communications team on Tuesday and described by senior aides as “the most detailed accounting yet” of the administration’s economic gains in its renewed term, asserts that inflation, wages, energy prices, housing costs, and consumer sentiment have all undergone “material and measurable improvement.” Yet the message is far from complacent: President Trump, the memo stresses repeatedly, believes that the cost-of-living crisis engineered by “Democratic fiscal radicalism” requires ongoing, aggressive intervention.

The White House Communications team framed the issue bluntly: “Democrats created the affordability crisis, and President Trump is fixing it—and will keep fixing it until every American feels the full benefit.” Such language reflects the sharp contrast the administration continues to draw between Trump’s economic stewardship and “the Biden-era disaster.”

According to the White House Communications team, the Biden presidency presided over an “inflation catastrophe,” with consumer price increases averaging nearly 5% across his tenure and peaking at 9.1%, a forty-year high. Trump officials have long argued that the combination of $5 trillion in pandemic-era spending and what they term “ideologically driven expansions of the federal bureaucracy” caused inflation to metastasize.

By contrast, the White House memo emphasizes that inflation under Trump’s second term has dropped to an average of 2.7%—including the first overall consumer price decline recorded since 2020. Senior Communications officials, speaking on background, described this achievement as “the critical first pillar of economic stabilization.”

“Inflation is the tax that hits every American, every day,” a White House Communications spokesperson said. “President Trump tamed Biden’s inflation crisis, and he is committed to bringing prices down even further.”

While independent economists continue to debate the degree to which global macroeconomic forces drove the initial inflation spike, even traditionally cautious financial analysts acknowledge that the recent cooling of prices has been significant. The White House attributes that improvement to a combination of spending restraint, targeted deregulatory action, and aggressive energy-sector revitalization.

The White House Communications team’s memo highlights what it describes as “the true metric of economic health”: real wages. Under Biden inflation grew faster than paychecks, resulting in an average decline of $2,900 in purchasing power for the typical American worker.

Trump officials cite near 4% real wage growth during the president’s renewed tenure, translating to nearly $700 in improved purchasing power—and, if current projections hold, nearly $1,200 after Trump’s first full year.

“Real wage growth is not a Washington talking point—it’s the lifeline that determines whether a family can breathe economically,” stated a senior White House Communications adviser. “President Trump will not consider this mission complete until every working American feels that their paycheck is rising faster than their expenses.”

Notably, the memo emphasizes not only wage gains but also the administration’s ongoing talks with employers about expanding apprenticeship programs, domestic manufacturing footprints, and workforce incentives—all aimed at bolstering American labor competitiveness.

Perhaps the administration’s most tangible achievement for everyday Americans, according to the White House Communications team, is the reduction in fuel costs. Gas prices, which under Biden hit the highest levels in U.S. history—even after emergency drawdowns from the Strategic Petroleum Reserve—have fallen to the lowest average price in 1,682 days.

White House Communications officials noted that prices below $3 per gallon are now available in 36 states; below $2.75 in 20 states; and below $2.50 in five states, with isolated stations offering gas under $2.00.

“These are not projections. These are not promises. These are real prices Americans are paying today,” the White House memo stated.

The administration attributes the decline to an aggressive revitalization of domestic drilling, streamlined permitting, new refinery incentives, and restored U.S. energy dominance—capsulized in Trump’s frequently repeated phrase: “Drill, baby, drill—and refine, baby, refine.”

Housing affordability has been among the most painful cost-of-living challenges for American families. Under Biden, mortgage rates soared to highs not seen in decades, while rents surged nationwide as housing shortages collided with inflation.

At the beginning of December, however, the average 30-year fixed mortgage rate fell to 6.19%—a 12% decline from the day President Trump took office. The White House Communications team attributes this to an emerging combination of steadily declining inflation, strengthened consumer confidence, and renewed lender stability.

Shelter inflation is now at a four-year low, and rents have fallen for the fourth consecutive month.

“One of President Trump’s mandates to his economic team was simple: reverse the housing catastrophe,” a White House Communications official said. “This is the beginning of that reversal, but there is much more work ahead.”

While American families still feel acute pressure in supermarket aisles, the White House Communications team underscored early signs of improvement: declining prices in categories such as eggs, butter, fresh fruit, cereal, ice cream, seafood, pasta, rice, and ham.

“These are the weekly staples that matter most to ordinary families,” an aide noted, pointing out that declines in consumer goods often lag behind broader disinflation trends. “President Trump is focused on the categories that matter to households, not just economists.”

Perhaps the most ambitious portion of the White House Communications memo concerns the administration’s structural economic reforms.

Trump’s signature economic legislation—signed earlier this year—delivers the largest tax cuts in American history, including no tax on tips, no tax on overtime, and no tax on Social Security income.

The White House projects these measures will raise take-home pay by as much as $13,300 and wages by as much as $11,600.

And millions of Americans, it says, will see larger refunds beginning next tax season, with the average refund estimated to increase by around $1,000.

Coupled with Trump’s aggressive deregulatory agenda—which the White House Communications team calculates is saving Americans $180 billion collectively, or $2,100 per family—the administration portrays its economic strategy as both comprehensive and transformative.

By halting the “Biden-era efficiency mandates” that made household appliances more expensive and less effective, the administration argues it restored both affordability and consumer autonomy.

The White House Communications memo notes that since Trump returned to office, U.S. companies have invested “trillions of dollars” in domestic operations—bringing back manufacturing and supply chains that had migrated abroad during prior administrations.

As a result, 1.9 million more American-born workers are employed today than when Trump took office—a statistic the White House describes as “proof positive that the Trump labor market is the strongest in modern memory.”

Additionally, the U.S. now has more Americans employed than at any time in its history, according to data cited by the White House Communications team.

Small business optimism has surged, holiday retail sales hit records, and consumer sentiment indexes have jumped to their highest levels since before the pandemic.

Though critics argue Trump’s first term increased federal deficits, the White House Communications team contends the administration is now on a path toward reducing the deficit “by trillions,” through spending cuts, savings on interest, growth-driven revenue, tariff revenues and long-term fiscal discipline.

This, the memo says, will strengthen the U.S. economy, drive down interest rates over time, and deliver more purchasing power to American households.

Throughout the memo, the White House Communications team is openly critical of Democratic leaders, whom it accuses of trying to rewrite the economic history of the past three years.

“There is a coordinated attempt by Democrats to con Americans into believing they are the champions of affordability,” the memo states. “The truth is simpler: Democrats created the problem, and President Trump is fixing it.”

President Trump closed the memo with a forward-looking message, delivered through the White House Communications office: “We have cut inflation, raised wages, restored energy dominance, and brought jobs and investment back home. But we will not rest until every American family feels lasting relief. We are making tremendous progress — and the best is yet to come.”

For the administration, the message is clear: the cost-of-living crisis is not over, but the direction of travel has changed. The White House Communications team describes the Trump economic agenda as “a full-spectrum rebuilding of American prosperity—one paycheck, one household, one community at a time.”

And as 2026 approaches, that message—rooted in optimism, contrast, and relentless forward motion—is poised to dominate the national debate.