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In economic speeches, Trump claims inflation victory nearly 20 times even as prices bite

  • February 8, 2026
U.S. President Donald Trump gestures on the day he delivers a speech on energy and the economy, in Clive, Iowa, U.S., January 27, 2026. REUTERS/Kevin Lamarque/File Photo Purchase Licensing Rights

Donald Trump has cast himself as Republicans’ chief messenger on the cost of living in an election year, but a Reuters review of his speeches shows a president repeatedly declaring inflation beaten while rarely acknowledging the strain many Americans say they still feel.

In five speeches on the economy since December, Trump asserted that inflation had been beaten or was way down almost 20 times and said prices were falling almost 30 times, assertions at odds with economic data and voters’ daily experiences. Much of the remaining time was spent on grievances and other issues, including immigration, whether Somalia was a country, and attacks on opponents.

Taken together, the speeches portray a president struggling to reconcile his central claim — that he has fixed the cost-of-living crisis — with inflation near 3% over the past year and voters’ lived experience of paying more for grocery staples. The price of ground beef, for example, is up 18% since Trump took office a year ago, while ground coffee prices are up 29%.

Republican strategists told Reuters that his mixed messaging on the top issue for voters risks creating a credibility gap for him and the Republican Party ahead of the November midterms, when control of Congress will be at stake. Opinion polls show voters are deeply unhappy with Trump’s handling of the economy.

“He can’t continue to make claims that are demonstrably false, particularly at the expense of Republicans who are in competitive House districts or Senate races,” said Rob Godfrey, a Republican strategist. Trump “must be disciplined and focused,” he added.
One source close to the White House said the president needed to hit the issue of affordability harder and through personal visits to critical districts.

“He needs to bring the message out because the message is not resonating,” the source said, speaking on condition of anonymity to more freely discuss the issue.

Kush Desai, a White House spokesman, said Trump’s focus on illegal immigration in his speeches is directly connected to his argument that people in the country illegally have an adverse impact on the economy. Desai said it causes “public services being overburdened, business activity disrupted by crime, housing markets flooded, and workers’ wages depressed.”

Trump has repeatedly stressed that much work remains to clean up the economic mess he says his Democratic predecessor, Joe Biden, left him, Desai added.

TRUMP VEERS OFF MESSAGE TO RAIL ABOUT IMMIGRATION

The Reuters analysis found that Trump – when not declaring inflation beaten – devoted nearly half his speaking time to grievances and other issues.

In about five hours of speaking time, he spent roughly two hours straying into about 20 topics unrelated to prices, the Reuters review found. When he veered off message, his top issue was illegal immigration, which he spent a total of about 30 to 40 minutes talking about.

In the speeches he insulted Somali Americans in Minnesota, who voted against him in the 2024 election. He referred to Somalia as “not even a country” – and in four speeches he disparaged Somali-born Minnesota congresswoman Ilhan Omar.

A progressive, high-profile Democrat and Muslim, Omar has been a frequent Trump critic, especially over his immigration policies.

“Every time the president of the United States has chosen to use hateful rhetoric to talk about me and the community that I represent, my death threats skyrocket,” Omar said last month, the day after a man sprayed a foul-smelling liquid on her at a town hall event.

Trump also talked about men in women’s sports, Venezuela, Iran, the Islamic State militant group, Greenland, Ukraine and Russia, military recruitment, his false claim that the 2020 election was rigged, U.S. weaponry, his exaggerated claim to have ended eight wars, and even how much a Fox News anchor likes him.

Source : https://www.reuters.com/world/us/economic-speeches-trump-claims-inflation-victory-nearly-20-times-even-prices-2026-02-07

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