Trump Wants Credit For Creation Of ‘Perhaps Greatest Economy Ever’
President Donald Trump praised the U.S. economy on Thursday, questioning when he would receive credit from much of the media for creating “perhaps the greatest economy” in the nation’s history.
“I inherited a MESS from the Biden Administration — The Worst Inflation in History, and the Highest Prices our Country has ever seen. In other words, Affordability, just 13 months ago, was a DISASTER for the American People, but now, it’s totally different! Prices are coming down FAST, Energy, Oil and Gasoline, are hitting five year lows, and the Stock Market today just hit an All Time High. Tariffs are bringing in Hundreds of Billions of Dollars, and we are respected as a Nation again,” Trump asserted in a Truth Social post.
At one point during Joe Biden’s presidency – and when Democrats controlled both chambers of Congress – the inflation rate topped 9.1 percent before eventually falling to around 2.5 percent when Trump took office in January.
“When will I get credit for having created, with No Inflation, perhaps the Greatest Economy in the History of our Country? When will people understand what is happening? When will Polls reflect the Greatness of America at this point in time, and how bad it was just one year ago?” the president asked in the post.
Trump conveyed a similar sentiment in a previous Truth Social post earlier Thursday. “STOCK MARKET JUST HIT AN ALL-TIME HIGH!!! When will the Fake Polls show that I am doing a great job on the Economy, and much more??? Thank you!” he declared in the post.
In a recent interview with Politico’s Dasha Burns, Trump indicated that he would rate the economy as “A+++++.”
Meanwhile, the Trump administration has released its long-anticipated “gold card,” a program that allows foreign nationals to obtain U.S. visas through direct payments to the federal government, the New York Post reported.
Trump told reporters at the White House that the document would operate “somewhat like a green card,” providing qualified recipients with immediate eligibility for permanent residency and authorization to work in the United States.
Under the new policy, individual applicants must pay $1 million to the U.S. Treasury, while companies seeking to retain foreign employees are required to pay $2 million. The Department of Homeland Security will conduct background checks on all applicants to determine eligibility for the program. After five years of residency, individuals who hold a gold card will be permitted to apply for U.S. citizenship, The Post reported.
“THE UNITED STATES GOVERNMENT’S TRUMP GOLD CARD IS HERE TODAY! A direct path to Citizenship for all qualified and vetted people,” the president later posted on Truth Social, along with a link to the website for applicants.
“SO EXCITING! Our Great American Companies can finally keep their invaluable Talent. Live Site opens in 30 minutes!” he added.
The new card system effectively replaces and streamlines the long-standing EB-5 visa program, which provided permanent legal status to foreign nationals who invested up to $1 million in U.S. businesses.
As of February, an estimated 250,000 applicants remained in the backlog for EB-5 approvals.
Congress created the EB-5 program in 1990, establishing tiered investment thresholds depending on geographic location. Investments in rural or high-unemployment areas could qualify at approximately $800,000, compared to the standard $1 million requirement. Applicants were also required to demonstrate that their investment would create at least 10 U.S. jobs.
In the 25 years since the program’s inception, only 135,518 EB-5 visas have been issued, according to data from the trade association Invest In the USA (IIUSA), The Post report stated.
Trump has said he expects “hundreds of billions of dollars” in revenue could be generated from the program, and administration officials have indicated that business leaders — including Apple CEO Tim Cook — have privately praised the gold card framework.
The card was initially envisioned with a $5 million price point, according to administration officials, though the final cost was later revised. The White House has also promoted the program as a potential tool to help narrow the federal budget deficit by increasing revenue.
