The president’s claims about the economy are coming under fire.
The markets crashed in March at the onset of the coronavirus pandemic. And while they’ve since recovered, millions remain without work and the GDP plunged by a historic 32.9 percent for the second quarter, the worst such number on record.
Biden tweeted a new video saying the Trump administration’s poor response to the pandemic is responsible for the deflated economy.
Biden has made the economy a focus of his own campaign with his “Build Back Better” recovery plan.
“The depth of economic devastation our nation is experiencing is not an act of God, it’s a failure of presidential leadership,” Biden said in a statement last week. “Had President Trump taken immediate and decisive action, tens of thousands of lives and millions of jobs would never have been lost.”
But host Ari Melber said the president’s claims of success were weak even before the coronavirus hit, noting that 11 million new jobs were created during the Obama administration, compared to 6.7 million under Trump prior to the pandemic.
Early in the pandemic, the economy was one area where Trump consistently scored ahead of Biden in the polls.
More recently, however, the two are running even on the issue.