Biden Says Trump ‘Squandered’ Economic Growth That Started Under Obama | Talking Points Memo

Democratic presidential nominee Joe Biden interrupted President Trump’s self-congratulatory efforts to take credit for the longest period of economic growth on record, saying in a statement late Monday that Trump “inherited” that expansion from his predecessor Barack Obama.


This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=1313512
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This is an important message that Biden and the Democrats must hammer home through the campaign. Trump will continue to claim that the economy was a disaster when he took over and that he alone made it great, and only he can manage the recovery. It’s not true, obviously, and Biden needs to make sure everyone knows that. The economy is really Trump’s only hope to hang on, anything that undercuts his lies about it hurts his chance at winning.

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No Joe… you’ve got this wrong… from Trump’s perspective he has just refocused the economic growth to where it belongs, and the Corporations and the 1%

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Fat Nixon is going to try to run on the “economy”, such as it is.

As such, a brilliant angle of attack for Mr. Biden.

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Shorter Biden:

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“We’re gonna need a bigger boat more ads.”
— Brad Parscale

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Like everything else he inherited, he squandered it.

That’s a damn fine line. More of this, please, Biden campaign.

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tRump is going to counter with his insistence that George Floyd is happy with the economy–again

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“Trump inherited the longest economic expansion in history from the Obama-Biden administration,” Biden said. “But like everything else he’s inherited, he has squandered it.”

:fire: BURN! :fire:

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Good. It’s about time Biden reminded everyone that the economic expansion was an Obama presidency achievement which Trump has been claiming credit for ever since.

The economy’s performance since the Republican deficit-inflating tax scam bill passed has been relatively flat, basically just maintaining the gains of 2009 through 2017.

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A headline that matches the statement from Biden. Good going!

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Will Trump nominate George Floyd for the inaugural Frederick Douglass Award?

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Who is this Joe Biden TPM is posting an article on?

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Biden criticized the president’s “completely bungled response” to the coronavirus crisis that has devastated the economy.

The Trump position will be that the coronavirus was an “Act of God” that cratered his otherwise booming economy, Biden’s attack here is just what is needed to prevent that from becoming accepted wisdom. Trump didn’t create the coronavirus but he was the reason it wasn’t contained early, and the reason the response was insufficient for economic recovery.

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It’s very important to keep pounding that we were already in a recession when the stay at home orders happened. They were coming down off of a $1.5 trillion corporate and 1% sugar high from the previous year. trump bungled it and then the pandemic made the recession that much worse.

The primary message though: republicans blow up the economy to please their masters and the Democrats always have to come in and fix it.

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This is a good line of attack. Shred Trump and the GOP on the economy.

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Even for trump, that was an extraordinarily offensive statement. I feel like his idiocies can be divided into a few categories: Things he says that are calculated to grab attention, thus distracting from even worse malfeasance (as in, suggest the Buffalo man is a crisis actor, since “Is the president nuts?” is a better story than “110,000 dead on the president’s watch”).

And then there’s the statement in question, which is one of the things he says because he truly is that much of a lousy person and a filterless ignoramus. The economy is slightly better than during the start of Armageddon–mostly because many people whose jobs were on furlough are returning to work–and that is somehow an excuse for this joke of a leader to put that poor man’s name in his mouth??

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Absolutely. Also, I love that he keeps repeating, “It didn’t have to be this way.” That’s a powerful message and I think a deliberate one meant for those who “just couldn’t bring themselves” to vote for Clinton. It’s a bit of subtle shaming on those who are loudly threatening to repeat the same behavior.

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He’s the Guy TRUMP TRUMP TRUMP TRUMP TRUMP happens to mention.

When TRUMP TRUMP TRUMP TRUMP mouse clicks us.

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Great to hear Biden saying this. And it’s not a he-said, she-said. Other nations contained the virus brilliantly. South Korea’s 51 million acted quickly in concert and their deaths were under 300. New Zealand is over with the pandemic. Done. We could have done something like that with criminally absent federal coordination. Trump’s mental illness and sheer laziness hamstrung us in a serious crisis that continues to kill. I think for once the American people grasp that, for the most part, but boy, it doesn’t hurt to plan to say it about a billion and eleven more times before election day.

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