Kamala Harris on recession
Kamala Harris on recession
Kamala Harris on recession
News summary

Donald Trump has intensified his critique of the Biden administration's economic policies, framing the upcoming election as a choice between 'Trump cash' and 'Kamala crash.' Recent labor market data reveals a significant slowdown, with payroll growth dropping to 114,000 in July and an increase in the unemployment rate to 4.3%, raising recession concerns and prompting speculation about an emergency Federal Reserve rate cut. Trump is seizing on these economic indicators, declaring that voters face a dire scenario under Vice President Kamala Harris, whom he claims will lead to a 'Great Depression' if elected. Amidst a backdrop of stock market declines, Trump argues that current economic turmoil is a direct consequence of Democratic leadership. His commentary includes predictions of a serious economic slump and emphasizes that the situation would be different if he were in office. Analysts caution against over-reliance on recession indicators like the Sahm rule, noting an unusual disconnect between economic growth and rising unemployment.

Story Coverage
Trump: 'Voters Have a Choice -- Trump Prosperity, or the Kamala Crash'
A recession would hurt Kamala, help Trump: Doug Schoen
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100% Right
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2
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Right
2
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Last Updated
45 days ago
Bias Distribution
100% Right

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Story Coverage
Trump: 'Voters Have a Choice -- Trump Prosperity, or the Kamala Crash'
A recession would hurt Kamala, help Trump: Doug Schoen

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