Home Donald Trump Squandered a Growing Economy- Biden
Array

Donald Trump Squandered a Growing Economy- Biden

Today’s announcement that our economy has been in recession for months now is a reminder that well before the COVID-19 threat emerged, President Trump had already turned his back on the middle class. Trump inherited the longest economic expansion in history from the Obama-Biden administration, but like everything else he’s inherited, he has squandered it.

President Trump cut taxes for big corporations and the richest Americans instead of investing in the middle class. Trump drove manufacturing into a recession across the Midwest. And Trump systematically stacked the deck against working families who were struggling to get ahead.

Read more: Covid-19:Kano unexplained deaths were caused by virus- FG

And now, even in a recession, President Trump is doubling down on this agenda, diverting money meant for small businesses to big corporations and his wealthy donors, and presiding over the largest corporate bailout in America with no strings attached, and little oversight.

The president isn’t responsible for the virus. But he is responsible for a completely bungled response that not only cost thousands of lives, but millions more jobs than should have been lost. The “unprecedented magnitude” of the economic hit, and the “broad reach” of it — that’s on Donald Trump.

It did not have to be this way. Millions of Americans are suffering right now because of his negligence and incompetence.

We should all remember that when he tries to take credit for the hard work of the American people to get the economy back on track — because he certainly isn’t doing anything to help.

1725 COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Must Read

Yahaya Bello Allegedly Withdraw Support for Tinubu 

According to the report, Kogi's new stance is informed by permutations in the north-central state ahead of its November governorship election. As a result of...

2023: Atiku, Tinubu in fresh battle over health issues, alleged corruption

Barely 38 days to the presidential election scheduled for February 25, both camps of the All Progressives Congress, APC, and the Peoples Democratic Party,...

Govs To Meet Emefiele Over New Naira Notes

Aminu Tambuwal, chairman of the Nigeria Governors' Forum, has invited Godwin Emiefele, governor of the Central Bank of Nigeria, to a virtual meeting on...

Adamawa senator to appeal removal as APC candidate

Embattled Sen. Ishaku Abbo (Adamawa North) has urged his supporters not to lose sleep over the court ruling that removed him as the candidate...

Multi-party democracy better than military rule, says Buhari

After tasting both systems of government, President Muhammadu Buhari, yesterday affirmed multiparty system of democracy as a better option to military rule. According to a statement...