Updated Dec. 17, 2025, 11:41 p.m. ET
WASHINGTON ― President Donald Trump delivered a forceful defense of his first 11 months in office during a primetime address from the White House, pointing the finger at Democrats for Americans’ economic anxieties in a combative speech that sets the tone for the 2026 midterm elections.
“Boy are we making progress,” Trump said Dec. 17 in a speech focused heavily on the affordability issue that has increasingly bedeviled his administration and threatens his party’s electoral chances next year.
Trump blamed the problem on his White House predecessor and immigrants without legal status as polls shows Americans increasingly losing confidence in his economic stewardship, with inflation recently rising to 3%.
The president’s brief address – it clocked in at under 20 minutes – often looked backward as he mentioned former President Joe Biden seven times, pillorying a leader he claimed made “life unaffordable for millions and millions of Americans.”
“This happened during a Democrat administration, and it’s when we first began hearing the word affordability,” Trump said.
Trump’s comments come as the economy is showing signs of weakening, with unemployment climbing to 4.6% in November, the highest level since September 2021. The president’s approval rating has simultaneously dipped, with just 36% of Americans approving of his economic stewardship, according to a December NPR/Marist poll.
The first year of Trump’s second term is coming to a close with challenges looming for the president both at home and abroad, but he largely steered clear of foreign policy in the remarks as domestic concerns increasingly take center stage ahead of the 2026 midterm contest that will decide control of Congress. Trump also didn’t mention shocking acts of violence that have riveted the nation in recent days.
Looking ahead, Trump said there are reasons to be optimistic, saying tax cuts he passed and other policies would spur economic growth. He also announced a Christmas payment to military members and promised other actions next year, including “some of the most aggressive housing reform plans in American history.”
Here are takeaways from his remarks.
Blaming Biden for everything
Trump’s highly political speech quickly turned into a greatest hits of his favorite attacks as he blamed Biden and Democrats for leaving him a disaster on the economy, the border and more.
“Eleven months ago, I inherited a mess, and I’m fixing it,” Trump said in his opening line, in a theme he returned to repeatedly.
The address came as Trump’s job approval rating has been waning ‒ with NBC News reporting a 42% approval rating in a poll released Dec. 14 ‒ as the president struggles to turn around Americans’ gloomy outlook on the economy and the cost-of-living.
Democrats have put Trump on defense as they blame the president’s policies for worsening an “affordability crisis.” Trump’s response? Blame Biden, who he mentioned seven times in the speech and Democrats who he mentioned eight times.
History suggests the blame-the-previous-guy strategy rarely works, however, and it will become harder to execute the longer Trump is in the White House.
Trump, meanwhile, painted a dark picture of the America he inherited, saying “drug dealers, gang members and murderers” were pouring across the border. He said the United States had “men playing in women’s sports,” falsely claimed crime was at “record highs” and that the country had “the worst trade deals ever made.”
“Our country was laughed at from all over the world, but they’re not laughing anymore,” Trump said. “Over the past 11 months, we have brought more positive change to Washington than any administration in American history. There’s never been anything like it.”
‘Warrior dividends’ from tariff revenue
Trump said every military member will receive a bonus of $1,776 for Christmas from money collected from tariff revenue.
“The checks already are on the way,” Trump said, referring to the bonuses as “warrior dividends” for the nation’s 1.45 million service members.
It was one of the few policy announcements in Trump’s speech. He also teased major changes to housing policy in the next year. He blamed rising housing costs on immigrants without legal status and said his deportation efforts will help bring costs down.
Trump’s plans for military bonuses come as the Supreme Court will soon decide the fate of his use of emergency powers to impose the tariffs. If the nation’s high court rules against the president, it would seemingly jeopardize the military bonuses.
Whether Trump even has the power to write the checks isn’t entirely clear. Congress holds the purse power when it comes to spending public dollars.
‘Not done yet,’ Trump says of lowering prices
Trump touted prices that have decreased from the post-pandemic high during the Biden administration, yet he still acknowledged there’s more work ahead.
“It’s not done yet, but boy, are we making progress,” Trump said on his efforts to lower prices. “Nobody can believe what’s going on.”
Democrats have used affordability as their underlying campaign message en route to overperforming in off-year elections across the country. Democrats are set to double down on affordability in the 2026 midterms, when they hope to regain control of the House and Senate during Trump’s final two years in the White House.
In remarks leading up to his address, Trump has mocked “affordability” as a campaign issue manufactured by Democrats. But he took a different route in his speech, instead emphasizing policies aimed at driving down drug, housing and energy prices and touted his administration’s tariffs, even as economists say they are contributing to price increases.
No mention of Venezuela, shootings
Trump’s focus on economic issues illustrated the biggest political liability for his administration right now, one that has increasingly consumed his attention even as other high-profile issues dominate headlines.
Trump’s months-long campaign to push Venezuelan leader Nicolas Maduro out of power is reaching an inflection point amid a series of aggressive maneuvers, including seizing an oil tanker, announcing a blockade on other sanctioned tankers, a large military buildup and deadly strikes on alleged drug boats.
White House Chief of Staff Susie Wiles said in a Vanity Fair interview that Trump intends to pressure Maduro until he “cries uncle.” But Trump didn’t mention the military campaign, or the other big foreign policy issue facing his administration – the war in Ukraine.
The president also didn’t discuss the high-profile acts of violence that have gripped the nation in recent days, including a mass shooting at Brown University and the death of acclaimed Hollywood director Rob Reiner.
Trump plows through his speech
Trump is accustomed to giving long, meandering rally-style speeches that go off script and touch on a wide range of topics – whatever comes to Trump’s mind.
But as he stuck to the teleprompter during Wednesday night address, Trump seemed to barely catch his breath.
Trump recited his speech with furious speed, sometimes making it difficult to tell when he was jumping from one topic and moving to the next.
It was a different sounding Trump before a primetime audience than Trump at his campaign rallies.
Whether he convinced skeptical Americans that he’s moving the country in the right direction is debatable.
