WASHINGTON–President Donald Trump contrasted falling wages and rising prices under former President Joe Biden’s runaway inflation with the inverse circumstances of rising wages and falling prices under the Trump administration.
Trump began his address to Americans from the Diplomatic Reception Room shortly after 9:00 p.m. ET, and highlighted wage growth early on in contrast to the shrinking wages under former President Joe Biden.
Trump:
— Clash Report (@clashreport) December 18, 2025
Wages are rising much faster than inflation.
Remember that, just look at it, wages are going up much faster than inflation.
How big is that? pic.twitter.com/3DnfV2Jz0q
“After years of record-setting falling incomes, our policies are boosting take-home pay at a historic pace,” he said. “Under Biden, real wages plummeted by $3,000,” he said.