Let $X$ be a set, and let $X$ be equipped with the discrete topology (i.e. $\mathcal{T}=\mathcal{P}(X)$). Show that the product topology inherited by $X\times X$ is the same as the discrete topology on $X\times X$. I believe this amounts to showing that, $$\mathcal{P}(X)\times\mathcal{P}(X)=\mathcal{P}(X\times X).$$ To do this we must show that either set contains the other.
Let $U\in\mathcal{P}(X)\times\mathcal{P}(X)$. Then $U=V\times W$, for some $ V,W\in\mathcal{P}(X)$. I'm having some trouble showing that $V\times W$ is in $\mathcal{P}(X\times X)$. Any help would be appreciated.
Your supposition is mistaken; $\wp(X\times X)$ is not the same as $\wp(X)\times\wp(X)$.
If you want actual equality as sets, then, as Rahul as mentioned, the elements of $\wp(X\times X)$ are sets of pairs of elements of $X$, while the elements of $\wp(X)\times\wp(X)$ are pairs of sets of elements of $X$.
If you just want them to be naturally in bijection with one another... well, that doesn't work either. In general, $\wp(X)\times\wp(Y)$ is naturally in bijection with $\wp(X\amalg Y)$ (here $\amalg$ is disjoint union), which is rather different.
Other people have already pointed out how to show that $X\times X$ is discrete, so I'll skip that...