5 Charts Trump Fans Love: Growth Up, Inflation Down
Growth is rising and inflation is easing in Trump’s first year, according to AEI’s Matthew Continetti, fuelling debate over the U.S. economic recovery.
WASHINGTON, D.C. — Economic growth is rising while inflation is easing in President Donald Trump’s first year back in office, according to conservative commentator and American Enterprise Institute fellow Matthew Continetti, reigniting debate over the direction of the U.S. economy.
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In a post drawing widespread attention, Continetti highlighted early economic indicators suggesting that the administration’s policies are coinciding with stronger growth and cooling price pressures — two metrics that have weighed heavily on voters in recent years.
“Growth is up and inflation is down,” Continetti said, describing the shift as a notable turnaround from the economic anxiety that dominated much of the previous year.
What the Numbers Show
Recent data indicates modest acceleration in GDP growth alongside a slowdown in inflation, offering some relief to households still strained by higher prices for housing, food, and energy. While inflation has not returned to pre-pandemic lows, economists note that the downward trend has eased pressure on consumers and financial markets.
Supporters of the administration argue the improvement reflects a mix of deregulation efforts, energy policy shifts, and a renewed emphasis on domestic production.
“This is exactly what voters were promised — a stronger economy without runaway inflation,” one Republican strategist said.
A Divided Interpretation
Critics caution against drawing sweeping conclusions from early data. Some economists point out that inflation trends were already moderating before Trump took office and warn that global factors — including supply chains and interest rates — still play a major role.
Others stress that while headline inflation is easing, everyday costs remain high for many Americans, particularly renters and first-time homebuyers.
“Inflation being ‘down’ doesn’t mean prices are going down — it means they’re rising more slowly,” one analyst noted.
Political Impact
The economy remains one of the most powerful political issues in the country, and perceptions often matter as much as raw data. For Trump allies, improving economic indicators offer a clear talking point heading into key legislative battles and future elections.
Democrats, meanwhile, argue that long-term stability — not short-term metrics — should define economic success.
What Comes Next
With interest rates, global energy markets, and federal spending still in flux, economists say the durability of the current trend will depend on policy choices made in the months ahead.
For now, however, the combination of rising growth and easing inflation is shaping a new economic narrative — one that is already fueling fierce debate over who deserves the credit, and whether the trend can last.
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