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  3. The Biden Bust Is Being Reversed as the Trump Economy Roars Back
February 19, 2026
February 19, 2026

•Episode length: 9m

The Heritage Foundation

The Biden Bust Is Being Reversed as the Trump Economy Roars Back

Episode length: 9m

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President Trump is reversing the Biden administration’s years of damage to American “family finances” and “federal finances.”

When Biden left office in Jan. 2025, “the private sector wasn’t adding any jobs at all, but losing them,” explains E.J. Antoni, Ph.D., The Heritage Foundation’s chief economist.

One year later and Trump is righting the ship:
Last month was the best January ever for employment among native-born Americans.

The private sector added 172,000 jobs while government jobs declined by 42,000. All told, Donald Trump has reduced the federal bureaucracy by 323,000 in just one year.

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