Photo: Alamy
Promises made. Promises kept. President Trump is following through on his campaign promises, and the data proves it.
Despite incessant doubts from media outlets over the last several months, the latest economic report released by the Commerce Department shows that Trump’s plan to make America wealthy again is working.
April’s inflation rate slipped to 2.1 percent in April, according to the personal consumption expenditures index, the Federal Reserve’s key inflation measure.
Personal income substantially increased by 0.8 percent, slightly more than the previous month, but far beyond the 0.3% forecast.
White House Press Secretary Karoline Leavitt praised the results of the report in a post on X. “President Donald J. Trump’s economic agenda is working: inflation is down, income is up, and the trade deficit just fell by the largest amount on record. Today’s economic report follows multiple robust jobs reports, below-expectation inflation reports, and a strong bump in consumer confidence. President Trump continues to prove doomsday ‘experts’ wrong with his America First economic agenda that’s delivering for the American people.”
A report from the Wall Street Journal showed a dramatic decrease in the U.S. trade deficit for goods, stoking the credibility of Trump’s tariff plan.
CNBC’s Rick Santelli hailed the reduction during Friday morning’s broadcast. “We cut it in HALF?! … This really does underscore how the movement of goods and services has really changed due to a variety of tariff-related issues.”
According to the White House Rapid Response 47 X account, April’s trade deficit reduction was “the biggest narrowing of the trade deficit in a single month on record.”
President Trump shared another clip from CNBC showing Santelli applauding April’s income increases. “The income numbers, really, for the first four months of the year—they’re stellar, they’re really stellar.”
Santelli complimented the Trump administration’s accessibility and said it deserved credit for income surges. “I’ve never, ever in my lifetime had glimpses into the politics of an administration in the form of transparency like this one. Why don’t we give credit where credit is due? Income really shooting up.”
Under the Biden-Harris administration, Americans dealt with high prices and exorbitant inflation. Friday’s report showed that in just four short months, core inflation has fallen to the lowest rate in four years.
