« Trump is failing to effectively manage our recovery. »
Presumptive Democratic presidential nominee Joe Biden is placing the blame for the worst economic decline in roughly 70 years squarely on President Donald Trump.
On Thursday, the Bureau of Economic Analysis reported that the Gross Domestic Product (GDP) shrank 9.5%, the largest decline since the government began publishing reports on the economic data, in the April-June quarter.
After the report was published, Biden released a statement where he blamed the economic decline on Trump.
“The last three months were the worst period for economic growth our nation has experienced in the 70 years since we started measuring it — a drop of nearly 33 percent,” Biden said in a tweet with a link to his statement.
“Let’s be clear: This is no act of God, it’s a failure of presidential leadership,” he added.
