Amid a steep polling deficit with fewer than three weeks until election day, President Trump is ramping up his extreme rhetoric on the economy, slamming his Democratic opponent as the harbinger of a “socialist nightmare” and warning of a “catastrophe of unimaginable proportions” under his policies.
In an address to a consortium of economic clubs on Wednesday, Trump hammered the economic protectionism and nationalism that has defined his trade policy, vowing to rescind federal contracts from companies from certain industries that outsource jobs.
Accusing the Obama administration of “selling out” workers to “donors, special interests, and globalists,” Trump called his presidency a “complete reversal of the Obama years.”
Trump cast the 2020 election as a choice between a socialist nightmare and the American dream, following a long trend of Trump labeling Biden a socialist despite his insistence he is a centrist.
“The policies of the left would unleash a long-lasting economic catastrophe of unimaginable proportions,” Trump said, slamming progressive proposals such as the Green New Deal and eased immigration restrictions.
Just one day after asking at a Pennsylvania rally “Suburban women, will you please like me?” Trump warned of a “federal takeover of local zoning,” claiming “your suburb will be gone.”
“This is the latest case of Donald Trump revealingly warning that Joe Biden would do something his trainwreck of a presidency has already triggered,” Biden campaign rapid response director Andrew Bates told Forbes. “Donald Trump’s unprecedented negligence has cratered the strong economy he inherited from the Obama-Biden Administration, making him the worst jobs president since 1929… With Donald Trump, every smear is an insecure projection.”
An analysis from the University of Pennsylvania’s Wharton School – Trump’s alma mater – found that Biden’s economic proposals would accelerate economic growth and result in higher wages while reducing the debt relative to the U.S. economic trajectory under Trump.
9 points. That’s the size of Biden’s lead over Trump nationally in the RealClearPolitics average of polls. He also leads by 7 points in Michigan and Pennsylvania and 6 points in Wisconsin – all potentially pivotal battleground states – while holding more narrow leads in typically Republican-leaning swing states like North Carolina and Arizona.