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.
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.