Pres. Trump and his top advisers continue to dismiss talk that the U.S. economy is showing signs that it could be headed for a recession amid his trade war with China.
President Donald Trump and his top advisers on Monday continued to dismiss talk that the the U.S. economy is showing signs it could be headed for a recession amid his trade war with China.
“I don’t see a recession,” Trump said as he left a 10-day vacation at his golf club in Bedminster, New Jersey on Sunday, downplaying the potential an economic drag could have on his prospects for reelection. “I'm prepared for everything. I don’t think we're having a recession. We're doing tremendously well. Our consumers are rich. I gave a tremendous tax cut, and they're loaded up with money. They're buying.
Pence warned that a Democratic victory in 2020 would"wreck" the economy and"the gains of the last two-and-a-half years would be wiped out.” Monday morning, White House Senior Counselor Kellyanne Conway also dismissed economists’ forecasts of a U.S. recession in 2021. Conway said that the economy “is the president's strongest suit” and claimed that “a majority of Americans approve” of the president’s handling the economy “in most legitimate polls.”
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