Trump’s First 100 Days: Billionaires First, America Last

On Trump’s 100th day in office, DNC Chair Ken Martin released the following statement:

“In 100 days, Donald Trump has achieved the unthinkable: he’s brought America to the brink of implosion. On the world stage, he’s made us into a joke. On the home front, he’s made us weak. All of his promises are empty — and the American people know it. Ronald Reagan once famously asked Americans, ‘Are you better off today than you were four years ago?’ Because of Donald Trump, now we must ask, ‘Are you better off today than you were 100 days ago?’ Unless you’re a billionaire or a right-wing grifter, the answer is a resounding no. 

“Under Trump, working families who are just trying to make a fair living and pay their bills are getting screwed. Trump keeps asking us to wait for him to turn everything around — but recession is this presidency’s ceiling, not its floor. This is a guy who has bankrupted casinos and pulled scam after scam, and now we’re supposed to just trust him that things will magically get better. To all of the American people who have had enough of his bullshit, Democrats are fighting for you — and you’ll have the chance to tell Trump exactly how you feel about him at the ballot box soon.”

Donald Trump has taken the economy to the “brink of a crisis” as prices skyrocket, retirement savings vanish, and Trump’s economic agenda costs working families thousands. 

CNN: “Trump took the US economy to the brink of a crisis in just 100 days” 

“Donald Trump spent his first 100 days back in the Oval Office driving an economy that the world envied to the brink of crisis, risking America’s reputation as a financial safe haven and fostering fear among voters who’ve lost confidence in his leadership. …

“But the president deliberately and singlehandedly adopted policies that are almost certain to spike prices even more; that could lead to shortages; and that have CEOs and small businesses dealing with chaos and the possibility of a recession. …

“Even if Trump succeeds, his approach almost certainly means higher prices for Americans across the board …

“And while he insists he has lowered prices for basic goods since taking office, that’s mostly untrue.” 

NBC News: “Retirees ‘stunned’ as market turmoil over tariffs shrinks their 401(k)s” 

Yale Budget Lab: “Overall Price Level & Distributional Effects: The price level from all 2025 tariffs rises by 3% in the short-run, the equivalent of an average per household consumer loss of $4,900 in 2024$.”

Wall Street Journal: “Dow Headed for Worst April Since 1932 as Investors Send ‘No Confidence’ Signal” 

The American people know Trump is to blame — his approval rating has crashed to historic lows as Americans overwhelmingly reject his failed agenda. 

  • Trump’s job performance has tanked to 39% — lower than previous presidents at this point in their term.
  • 3 in 4 Americans believe the economy is faltering and are preparing for a recession, with a majority believing Trump is to blame.
  • 53% of Americans say their financial situation is getting worse, marking the first time since 2001 that a majority has expressed financial pessimism. 
  • A majority of Americans have lost confidence in Trump’s ability to make sound economic policy decisions.  
  • 60% of Americans disapprove of Trump’s handling of inflation, with 1 in 3 Republicans saying the cost of living is on the wrong track. 

###