Trump’s Big Energy Win Gets Applause
America’s economy is gaining renewed momentum, and economists say the turnaround is being driven by a return to pro-growth public policy, with domestic energy production leading the recovery.
Speaking on Newsmax’s Saturday Agenda, EJ Antoni, chief economist at The Heritage Foundation, said the contrast between today’s economic outlook and the sluggish years under Joe Biden is increasingly clear to American families.
“This didn’t happen by accident,” Antoni explained. “Economic stagnation, inflation, and public frustration were the result of policy decisions. When those policies change, the economy responds.”
According to Antoni, leadership under Donald Trump has shifted key economic levers back in the right direction — starting with energy.
Lower Gas Prices Signal Broader Economic Relief
Expanded domestic oil and gas production is already delivering measurable benefits, Antoni said, particularly for working families feeling the strain of high living costs.
“That’s why Americans are paying less at the pump,” he noted. “Increased production boosts supply, and higher supply puts downward pressure on prices. That’s basic economics.”
Lower fuel costs don’t just help drivers. Reduced energy prices ripple throughout the economy, lowering transportation, manufacturing, and shipping expenses — savings that ultimately affect grocery bills, utility costs, and household budgets.
Regulatory Rollbacks Help Businesses Grow Again
Energy policy is only one part of a larger economic shift now underway.
Antoni emphasized that rolling back excessive regulations has removed long-standing barriers that discouraged business expansion and job creation. For years, compliance costs and federal red tape weighed heavily on manufacturers, contractors, and small businesses.
“When government steps back, businesses can move forward,” Antoni said. “That means more investment, more hiring, and more confidence in the future.”
Tax Relief Strengthens Investment and Job Creation
Tax policy is also playing a critical role in restoring economic growth.
Antoni pointed out that several tax changes are already taking effect, with additional provisions scheduled to begin next year. Lower taxes leave more capital in the hands of workers and employers — money that can be reinvested into wages, equipment, retirement plans, and local economies.
“When you look at energy policy, regulatory reform, and tax relief together, the signals are lining up,” Antoni said. “The fundamentals are improving.”
Growth Outlook Brightens After Years of Inflation
The combined impact of energy expansion, regulatory reform, and tax relief is setting the stage for sustained economic growth rather than temporary stimulus-driven gains.
Looking ahead, Antoni said economic performance could exceed expectations.
“I wouldn’t be surprised to see growth reach five percent next year,” he said.
If that projection holds, it would mark a dramatic reversal from recent years characterized by inflation, weak growth, and widespread voter frustration — reinforcing the argument that policy choices directly shape economic outcomes.
