President Donald Trump used a prime-time White House address to promise lower prices, defend his economic record, and blame inflation and high costs on former President Joe Biden as frustration grows ahead of the midterm elections.

Despite claiming major progress and forecasting an economic boom, Trump faces low approval ratings on the economy, with polls showing widespread affordability concerns among Americans.

Economists warn that job growth has slowed, unemployment has risen, and wage gains are barely outpacing inflation, squeezing household budgets.

Trump highlighted tariffs, tax cuts, energy policies, and planned housing reforms as solutions, while blaming Democrats and immigration for rising health care and housing costs, Fox 5 News has reported.

The speech was part of a broader push by the White House to reassure skeptical voters as economic anxiety remains a central political challenge.