Loading …A family earning $75,000 could afford roughly the same lifestyle in 2020 as they could in 2017. That same family in 2025 needs about $91,000 to maintain what they had in 2021. The dollar amounts on their paychecks went up – but everything else went up faster.
That gap explains American economic anxiety better than any unemployment rate or GDP statistic. It’s not about whether the economy is “good” or “bad” in some abstract sense. It’s about whether your paycheck covers what it used to cover.
The comparison between Biden’s and Trump’s economies isn’t clean. COVID destroyed Trump’s final year and distorted Biden’s first. But five differences stand out clearly – and they directly determined whether your household got ahead, fell behind, or just barely held steady.
These aren’t partisan talking points. They’re the mathematical reality of how different policy choices affected the money in your bank account.
Discussion
Oh please, enough with the Trump worship. His tariffs just spiked costs for everyday folks and put a strain on businesses, not to mention the chaos from unpredictable policy shifts. Biden might not be perfect, but painting Trump as some economic savior ignores the complex reality. Let's get real!
Someday you will wake up to the fact that OBiden the illegitimate resident and he was never allowed to sign in any executive orders. Check out https://rumble.com/v71zwig-11.20.25-2020-stolen-election-revisiting-the-fake-inauguration-awk-video-pr.html?e9s=src_v1_cblsrc_v1_ucp_a
No, corperate chose to raise prices, they didn't make the biggest profits ever In history do you, gone from making millions to TRILLIONS first ever in history. So did kid yourself. Trump is not at fault, it lays with business owners, period.
They knew what was coming prior, many stocked very well prior on cheaper prices, now raise prices, they made out the biggest ever from reports, alledgedly…I personally believe it if you know anything about business.
you ignorant btoad Biden isa useless jerk thatdoesnt know weather e is coming or going wake up creepy bastard.
Have you purchased gas lately? In April of 2024 $3.67 today $2.28, This time last year eggs were $7.22 a dozen, today $2.09. As a business owner the interest on loans that we HAD to take to survive Bidens 2 year shut down have come down some and by next year after Powell is removed will come down even more. Are you taking an medications? If so, just think at a drop of a hat China could stop supplying them and then what? Or even worse change the meds mixture. Guess who allowed China to have control over all medications? DEMS! So, Mary Let's get real!
My eggs are now $1.96 a dozen and gas $2.65 a gallon if you haven't already noticed food prices dropping but the most will happen in 2026. Just have patience, it will happen to make you feel better with a whole lot more.
You must be one of the stupid people that live under a rock you mus tbe a woman that trump called a pig still stupid
Biden's so-called economic strategy is nothing but smoke and mirrors, just like the rest of the Dems' fake news media show. Trump had America first – those tariffs were making sure China wasn’t walking all over us! Yeah, his second go might’ve been tough, with tariffs hitting hard, but that’s REAL negotiations for our long-term benefits! Biden's subsidies are nothing but government overreach, picking winners and losers, creating a false economy with your taxpayer dollars. Under Trump, we were free, and America was leading, respected on the global stage! God bless the real GOAT, President Trump! MAGA all the way!
I agree with you. God bless President Trump and Veep Vance.
We are feeling the effects of Biden's bad decisions with soaring prices. Trump is trying to stabilize costs with his tariffs. Trump is definitely the man to help make living more affordable. Harris did not have a clue, what people do not realize is that prices would still be skyrocketing if she would have been elected as our president. Thank goodness that is not the case.
Biden was and remains an imbecile. What a stupid inquiry.
I think the tariffs will work. Give them a chance. We need to pay down our deficit!!!!
Tariff only charge the American people. Hitler needs into be put in and jailed immediately.
Biden is the reason we are in such an economic mess, he doesn't know his head from his ass, he needds to go the american people need a real leader TRUMP TRUMP TRUMP TRUMP TRUMP TRUMP TRUMP TRUMP……
President Trump is not only trying to make our country great again. Yes prices are high and believe President Trump is trying to bring them down. However I believe a lot of people are missing the big picture. President Trump is trying to save our country and that is a hard thing to do with the deep state, corrupt liberal judges and the Democrats shutting down the government and Muslims getting elected in government Federal and state. People seem to have forgot about 9/11.
President Trump is trying to bring prices down and he is succeding in a lot of areas. A lot of the price are held over fro Bidens presidentcy. There is a bigger problem that if not taken care of we will no longer have a country. We have to rid the deep state and career politicians. People seem to have forgot about 9/11. We are getting a lot of Muslims elected to office and this has to stop. Islam is not compatible with western civilization and our constitution.
Four solid years of Biden destroying the USA and you want every thing to change for the better the day after Trump takes office. Kalifornia is issuing CDL's to illegal aliens that can't read, or speak English.I was one of the first drivers in America that was issued the new CDL starting on 1 January 1990. My birthday was the very next day. You had to train to pass the tests for the CDL and, you would do it in English which is the language of the USA. Gaven Newsome is another radical Biden, he al
This is obviously an anti Trump site. You cut my answer off. Typical democrat action. Biden should have been hanged at a public execution. If he had been in office during WWII, he would have been hanged.
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5. Trade Policy: From Targeted Tariffs To Economic Warfare
Trump’s first term used tariffs strategically – mostly against China, some against European steel and aluminum. Biden kept most of those tariffs and added industrial subsidies for chips, batteries, and clean energy manufacturing.
Trump’s 2025 return escalated dramatically. Tariffs hit 10-25% across nearly all major trading partners. The “de minimis” exemption that let packages under $800 enter duty-free got eliminated. Broader blanket tariff threats became routine negotiating tactics.
Then came court challenges, partial rollbacks, and a sudden China tariff reduction in late 2025 after business groups warned of supply chain collapse.
For voters, this means: Trump’s 2017-2020 tariffs raised some prices selectively. Biden’s approach added subsidies that shifted jobs regionally. Trump’s 2025 tariffs are hitting consumer prices across categories – retailers and manufacturers report higher input costs they’re passing to customers.
Nonpartisan forecasts cut 2025 GDP projections partly because tariff costs are dragging on both business investment and consumer spending. The volatility – rapid escalation, court blocks, sudden reversals – makes business planning nearly impossible.
4. Interest Rates: When Borrowing Was Free vs. When It Became Expensive
Trump governed during the tail end of post-2008 ultra-low interest rates. Mortgages averaged around 3-4%. Car loans were cheap. Credit card rates, while always high, were lower. Business borrowing costs were minimal.
Biden inherited an economy where the Federal Reserve had to fight the worst inflation in 40 years. Interest rates hit levels not seen since the early 2000s. Mortgages climbed above 7%. Car loans approached 8-9% for average credit.
This isn’t Biden’s “fault” – the Fed operates independently. But the timing matters enormously for households.
A $300,000 mortgage at 3.5% costs $1,347 monthly. The same mortgage at 7% costs $1,996 monthly – that’s $649 more every month, $7,788 annually, just because of when you bought.
Trump voters could refinance houses and buy cars cheaply. Biden voters faced the highest borrowing costs in two decades. Even as inflation cooled in 2023-2024, those interest rates stayed elevated because the Fed kept them high to prevent inflation from returning.
This created a lock-in effect: People with 3% mortgages from Trump’s term can’t afford to move because new mortgages cost double. That reduces housing supply, keeps prices high, and makes economic mobility harder.
3. Jobs: Trump’s Pre-COVID Stability vs. Biden’s Massive Recovery vs. Trump’s 2025 Slowdown
Trump’s 2017 to early 2020 labor market was strong. Unemployment hit 3.5% – historically low. Job openings were plentiful. Hiring was steady.
COVID destroyed that. Trump’s first term ended with 2.7 million fewer jobs than when it started – not his fault, but the math is the math.
Biden’s recovery added roughly 16 million jobs. Unemployment averaged around 4%. For two years (2022-2023), there were more job openings than available workers – an unprecedented situation that gave workers leverage to demand raises and switch jobs.
Trump’s 2025 return shows cooling. Hiring has slowed. Unemployment climbed to 4.4% – not catastrophic, but noticeably weaker than his first term. Some sectors are shedding jobs.
For voters: If you lost your job or struggled to find work in 2020-2021, Biden’s recovery likely helped. If you’re job hunting now in 2025, it’s noticeably harder than it was in 2022-2023.
Job availability was the one area Biden clearly outperformed – but that’s partly because he inherited a recovering economy from COVID. Trump’s pre-COVID job market felt more stable than his 2025 version.
2. Wages: When Your Raise Actually Meant Something vs. When It Didn’t
This is where the math gets painful. Trump’s first term saw real (inflation-adjusted) weekly earnings end 8-9% higher than 2017. Your paycheck in 2020 bought meaningfully more than your paycheck in 2017 because inflation stayed low.
Biden’s term saw nominal wages rise – the dollar amounts on paychecks went up. But inflation outran those raises. Real weekly earnings fell roughly 4% overall during his term.
Translation: Under Trump, a 3% raise when inflation was 2% meant you actually got ahead. Under Biden, a 5% raise when inflation was 7% meant you fell behind.
Even after inflation cooled in 2024, prices didn’t come back down – they just stopped rising as fast. So workers faced a permanent reset where their paychecks bought less than before the inflation spike.
Wealth told a different story. Stock markets rose sharply under both presidents. But stock ownership skews heavily to higher-income households. If your wealth is your paycheck rather than your portfolio, Biden’s economy felt like running to stand still.
This explains why economic sentiment stayed negative even as unemployment fell and GDP grew. People don’t experience the economy through statistics – they experience it through what their paycheck can buy.
1. Prices: The 21% Increase That Changed Everything
This is the number that matters most: Prices rose roughly 7-8% during Trump’s entire first term. Prices rose roughly 21-22% during Biden’s term, with a 2022 spike that hit 9% year-over-year before gradually cooling.
That difference is catastrophic for household budgets. A grocery bill that was $100 in 2017 was about $108 in 2021. That same $108 bill became $131 by 2025.
Rent, groceries, gas – the unavoidable expenses hit hardest. You can delay buying a car or skip a vacation, but you can’t stop eating or paying rent.
Here’s what makes this politically devastating for Democrats: Even after inflation cooled to 3-4% in 2024, voters didn’t feel relief. They felt like prices were still too high – because they were. Inflation slowing doesn’t mean prices drop, it means they rise slower.
A family that budgeted $600 monthly for groceries in 2021 needed about $730 in 2025 for the same food. Their wages probably rose some, but not 22%. The gap between what they earned and what things cost grew, month after month, even as inflation technically “improved.”
Trump’s 2025 tariffs are making this worse. Retailers and manufacturers report higher costs from tariff-affected imports. Those costs are being passed to consumers. So even as underlying inflation moderates, tariff-driven price increases are hitting specific categories.
The debt story connects here too: Both presidents added $7-8 trillion to national debt during their terms. That eventually means either higher taxes, cuts to Social Security and Medicare, or higher interest costs squeezing other spending. But voters don’t experience that immediately – they experience the grocery bill today.
The Trade-Offs Nobody Wants To Acknowledge
Trump’s pre-COVID economy delivered lower prices, stronger real wage gains, and ultra-low interest rates. Your paycheck stretched further even if it didn’t grow much nominally. But COVID destroyed that stability, and his 2025 return brought policy volatility and tariff-driven cost pressures.
Biden delivered a massive jobs recovery and strong GDP growth. If you were unemployed in 2021, his economy probably helped you find work. But it came with the worst inflation in 40 years that erased wage gains for most workers.
Trump’s 2025 shift toward aggressive protectionism and deregulation shows early signs of slower growth alongside higher consumer and producer costs from tariffs.
Neither presidency is a simple success or failure story. They made different trade-offs that helped different groups.
If you’re wealthy with substantial stock portfolios, both presidencies were fine – markets rose under both. If you’re middle or lower income living paycheck to paycheck, Trump’s first term felt better because your money went further, even though job security was better under Biden.
The question that matters: Which policies actually raise real purchasing power, lower unavoidable household costs, and stabilize long-term fiscal paths?
Trump’s tariffs raise costs now while claiming to protect jobs later. Biden’s industrial subsidies shift jobs geographically while raising deficit spending. Both approaches involve government picking winners and losers rather than letting market competition determine outcomes.
The 21% price increase under Biden explains why Democrats lost economic credibility despite strong job numbers. The cooling job market and rising tariff costs in Trump’s 2025 explain why his second-term economic approach looks riskier than his first.
Neither party has seriously addressed the long-term fiscal crisis both contributed to. The $7-8 trillion each president added to national debt will eventually require either substantial tax increases, major entitlement reforms, or both.
For now, voters just know their groceries cost more and their paycheck doesn’t go as far. That’s not perception – it’s arithmetic. And it’s the difference that mattered most.
Here's the real scoop: Trump's economy was powerhouse central! Those tariffs in his first term were about putting America first and cutting bad deals—he knew how to squeeze China and others for fairer trade. Sure, prices got a bump but that's because we needed to fight for our industries, not let them sink. Biden? He's all about subsidies that look nice on paper but stumble in reality. Our paycheck's the one suffering—higher costs, fewer gains. Trump built an economy with Americans at heart; Biden's policies just color within the lines, giving us more inflation without real wage growth. MAGA!