Facing declining approval ratings, United States President Donald Trump delivered a direct address to the American people from the White House on Wednesday, pledging a future economic boom while squarely blaming his Democratic predecessor, Joe Biden, for the current high cost of living.
A Promise of Prosperity Amid Voter Anger
In the live speech marking nearly a year back in office, the 79-year-old Republican leader acknowledged the economic challenges. "Good evening America. Eleven months ago I inherited a mess, and I'm fixing it," President Trump stated. His comments come as he confronts growing voter dissatisfaction over affordability, an issue his opponents have highlighted and which some in his party fear could hurt them in the upcoming 2026 midterm elections.
Despite efforts to downplay the inflation concerns, Trump assured citizens that prices for essentials like gasoline and groceries are "falling rapidly, and it's not done yet." He expressed confidence in the progress being made, setting the stage for his central prediction.
"Warrior Dividend" and Vision for 2026
In a significant announcement during the address, President Trump revealed a special holiday bonus for military personnel. He said that 1.45 million U.S. service members would each receive a "warrior dividend" bonus check for $1,776 before Christmas. The president clarified that this specific amount honors the year of the nation's founding, with the United States set to celebrate its 250th anniversary next year. He stated the payments would be funded by revenues collected from tariffs.
Looking ahead, Trump made a bold economic forecast. He promised that the country is "poised for an economic boom the likes of which the world has never seen" in 2026. That year holds extra significance as the United States, alongside Canada and Mexico, will co-host the FIFA World Cup.
Political Attacks and Polling Troubles
Although the White House framed the speech as an outline of Trump's economic agenda for the remainder of his term, a substantial portion was dedicated to criticising familiar political foes. The president repeatedly targeted Joe Biden, the Democratic Party, and migrants, whom he accused of having "stole American jobs."
This address concludes a year where Trump has exercised presidential power assertively, particularly on immigration and against political opponents. However, recent polls indicate a disconnect between his message and public concern. A PBS News/NPR/Marist poll released on Wednesday showed a record 57% of Americans disapprove of his handling of the economy, citing cost-of-living worries. Furthermore, a YouGov poll found 52% believe the economy is worsening under his leadership.
Criticism has also emerged from within his own Make America Great Again (MAGA) movement, where some feel he has focused too much on foreign policy like peace deals in Ukraine and Gaza, rather than domestic issues. In his speech, Trump did not mention Ukraine or Venezuela but did highlight the Gaza ceasefire and actions against Iran's nuclear program.
Signs suggest Trump's team is recognising the economic concerns. Following Republican losses in key November elections, the president is increasing his domestic travel to promote his economic message. He recently promised to "make America affordable again" in Pennsylvania and has a rally scheduled in North Carolina. Vice President JD Vance, seen as positioning for a 2028 presidential run, has also urged voter patience on the economy.
