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Donald Trump has declared that the US economy is “running off the fumes of what we did” and said that he “hopes” it crashes before the end of year to hurt Joe Biden.
“We have an economy that’s so fragile, and the only reason it’s running now is it’s running off the fumes of what we did. It’s just running off the fumes,” the Republican front-runner claimed during a Lindell TV interview with Lou Dobbs aired on Monday evening.
“And when there’s a crash — I hope it’s going to be during this next 12 months because I don’t want to be Herbert Hoover. The one president I just don’t want to be, Herbert Hoover.”
He was alluding to the US 31st president, who succeeded Calvin Coolidge at the tail-end of the Roaring Twenties before swiftly being hit by the Wall Street Crash in the autumn of 1929 and then drummed out of office in March 1933 as the Great Depression bit.
Mr Trump also drew derision online last night after falsely claiming in the same interview that a gallon of gas now typically costs as much as $8 at the pumps.
Although the candidate has tried hard to argue that the American economy is now much worse off than it was during his tenure in the White House, playing to voters’ frustrations at the post-pandemic rise in the cost of living and high interest rates, it is actually in pretty strong shape.
Inflation…
