Trump Shares Video Contrasting Inflation Under His Term and Biden’s
Trump posts a video claiming inflation ran 12% under Biden versus 4% in his own second year, while touting record median household income and a historic low in poverty.
WASHINGTON D.C. — Donald J. Trump shared a video on Truth Social contrasting economic figures from his second year in office with those from Joe Biden‘s, claiming lower inflation and rising incomes under his administration.
The video compares the first half of each president’s second year, January to July. It states overall inflation ran 12% under Biden and 4% under Trump, with groceries up 16% under Biden versus a little over 3% under Trump. Gas rose almost 70% under Biden and about 12% under Trump, while new and used car prices climbed nearly 24% under Biden and fell under Trump, the video says.
The segment features a host and Heritage Foundation economist E.J. Antoni, who argues that consumers care about price levels more than the pace of increases. “At the end of the day, consumers don’t as much care about the inflation rate, which is the pace at which prices are increasing,” Antoni said in the video. “What they really care about are the levels of prices.”
The video also cites federal income and poverty data. Real median household income topped $80,000 last year, the highest level on record, according to the Census Bureau. Poverty fell another half point last year to just over 10%, which the segment describes as a historic low, according to the Census Bureau.
Antoni said the average American’s weekly paycheck, adjusted for inflation, shrank 4% under Biden and rose 2% during Trump’s first year. He said many Americans have not regained ground lost to earlier price increases, framing recent gains against inflation that built up over the prior four years.
Here is the full post on truthsocial: “Truth Social post containing one video.” on September 17, 2026 at 6:51 PM ET.
This is Trump’s 11th message released today, and the last post was 37 minutes ago, and it is not part of a thread. On average, Trump produces 18 posts per day since his inauguration on January 20, 2025. The move fits a broader pattern in Trump’s recent messaging, with 90 of his 571 posts over the last 30 days classified as image-only posts.
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Photo by Zenger real-time database of all Truth Social posts.
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