One economy, two descriptions: Biden says it’s terrible, Trump touts positive job numbers

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The candidates face off on an issue where Biden trails and Trump looks to fuel his chances of reelection.

The two vastly different takes on the same economy previewed the arguments both men will make in the final phase of the election campaign on a topic that typically ranks top of mind for voters but that has been eclipsed this year by thepandemic. Biden said Friday that he will spend the next three weeks contrasting his economic plans with Trump’s, while the president has predicted more positive economic data in the future and a full recovery next year.

At a campaign rally in Pennsylvania on Thursday, Trump repeated his prediction that the government would announce “great” growth in the third quarter on Oct. 29, just days before the election. the prospect of being kicked out of their homes for failure to pay rent. About 29 million people are drawing some form of unemployment assistance, according to jobless benefit data released Thursday.by the end of the year to more than 400,000, threatening additional shutdowns.Permanent job losses continue to rise at an alarming rate, reaching more than 2 million, while thousands of small businesses are at risk of closing for good without additional help.

“We can’t deal with an economic crisis until you beat the pandemic,” Biden said. “It didn’t have to be this bad to begin with if the president just did his job.” At another point, he said: “We lost more cops this year to covid than on patrol. It’s a reminder how an already dangerous job of law enforcement has gotten much more dangerous because of Trump’s mismanagement.”Regarding his own economic plans, Biden pledged if elected to bring leaders from both parties together to work out a deal to help Americans, and he said in broad outlines that Americans should be given more support during the pandemic.

“Economic momentum is a huge asset to Trump in terms of his campaign message, which is that he’s the better candidate to lead us out of this economic crisis,” said Stephen Moore, an outside economic adviser to the White House.

 

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It is neither terrible or wonderful. Some sectors are prospering others still suffering. Politicians have to try to make headlines.

...and? *Is* it raining?

Who are you going to believe? Ten years ago Biden and Obama kept Chrysler and GM in business. Trump went bankrupt six times and stiffed everyone who ever put their trust in him. ImVotingForJoe

Gonna have to go with Biden on this one. Because I live in the real world.

Hmmm I wonder what the highest unemployed states have in common?

Dems are always downers!

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