Trump’s Economy Under Attack

Larry Summers Sounds the Alarm—But Is He Ignoring Biden’s Economic Wreckage?

WASHINGTON, D.C. — Former Treasury Secretary Larry Summers, a career Democrat who worked under Presidents Clinton and Obama, took a political swing at President Donald Trump’s economic agenda, calling his first 100 days of 2025 “disastrous.”

In a post on X (formerly Twitter), Summers listed falling markets, a weaker dollar, and inflation concerns as proof of an economic downturn. But many conservatives—and millions of everyday Americans—see it differently.

“We’ve seen consumer confidence fall, businesses retract projections, and the threat of recession rise,” Summers claimed.

Yet supporters of President Trump say these are the growing pains of a much-needed economic reset—one that prioritizes American energy, manufacturing, and job creation over Wall Street profits and foreign interests.

Trump’s America-First Economic Plan: Fixing the Mess Left Behind

When President Trump returned to the Oval Office, he inherited skyrocketing prices, open borders, and a weakened supply chain thanks to Biden-era policies. Trump’s economic platform has focused on:

• Lowering prices for everyday Americans
• Bringing back U.S. manufacturing
• Ending reliance on China
• Protecting retirement savings from inflation

While global elites complain about Trump’s tariffs, many working families and retirees see them as a return to economic sanity after years of reckless spending and international giveaways.

Is Larry Summers Really Concerned About Inflation—Or Just Playing Politics?

Summers previously downplayed the inflation crisis during Biden’s term, even as food, gas, and energy prices surged—devastating seniors on fixed incomes.

Now, with Trump reversing course and demanding accountability from global markets, Summers is suddenly warning about “recession risks.”

“There’s a 50/50 chance of a recession,” he said, blaming Trump’s “counterproductive” economic policies.

But critics say this is more political posturing than honest analysis.

What Seniors Need to Know About the Trump Economy in 2025

President Trump’s approach is clear: put America First, cut red tape, and stop selling out U.S. workers to global institutions.

• Inflation is being tackled head-on
• Domestic energy production is being restored
• Border security is helping lower costs
• Markets are adjusting to long-term, pro-America reforms

And while Democrats and media elites panic over short-term numbers, many older Americans remember: Trump’s first term brought record low unemployment, booming 401(k)s, and stronger Social Security solvency.

BOTTOM LINE: Main Street vs. Global Elites

Larry Summers may want to lecture Americans from inside the D.C. bubble—but working families, seniors, and small business owners across the country see something different:

A president finally fighting for the American economy—not foreign investors.