Economist and former Trump White House Chief Economist Vance Ginn, Ph.D., joined Joe Pags for a high-level, no-nonsense breakdown of the economy under President Trump’s leadership. As media outlets continue to frame tax cuts as handouts for millionaires, Ginn explained how everyday Americans are seeing the real benefits.
From gas prices to groceries, Americans have noticed inflation slowing and prices stabilizing. Ginn pointed to progress on multiple fronts—eggs, oil, mortgages—but clarified that many of the pain points people are still feeling come from Biden-era policies that haven’t fully expired. “They’ve gotta blame someone,” Ginn said of the left’s narrative-shifting to blaming President Trump. He added, “The narrative has to be changed according to whatever benefits them the most.”
Ginn outlined how the Trump administration is fighting fraud, waste, and abuse through the new Department of Government Efficiency (DOGE), and explained that recovered funds would “go back to the Treasury.” But he noted that structural change won’t happen without congressional action. “If you’re not spending it, it pays down the deficit,” he said. But when Pags asked if savings from recovered fraud could reduce the $36 trillion national debt, Ginn cautioned, “It’s not that simple,” explaining that cuts merely slow the rate of debt accumulation, not eliminate it.
Ginn and Pags also got into a spirited debate over tariffs. While acknowledging Trump’s long-standing support for them, Ginn offered a broader solution: “Lower the cost” of doing business in America to create real, long-term global competitiveness.
On inflation and wages, Ginn said that while real wages are “still down over 2%,” he noted that “real wages are rising month over month,” offering hope that things are turning around. However, he warned that the Federal Reserve remains a threat to stability, pointing to the risk of it “pumping too much money into the economy.”
As for the long-term future of Trump’s tax cuts, Ginn confirmed that permanent action could come soon. With the right moves, legislation could lock in the current benefits by September.
Perhaps one of the most telling moments came when discussing the growing role of government in American life. “The government has become their God,” Ginn said, warning that the radical left will attack any person or policy—like President Trump’s economic plan or companies like Tesla—that threatens their grip on power.
From tax relief to fraud reform, Vance Ginn made one thing clear: the numbers tell the truth. And under President Trump’s leadership, the goal is simple—more jobs, less fraud, and more money in Americans’ pockets.