Donald Trump returned to the White House Garden following his hospitalisation with the coronavirus to declare that if he loses his re-election in 20 days, “China will own the United States.”
He delivered a virtual address on Wednesday after hosting a likely “super-spreader” ceremony at the Rose Garden to announce his Supreme Court nominee last month.
In his remarks, the president attacked his Democratic opponent Joe Biden, who the president claimed will oversee economic devastation and “punish” workers, as millions of Americans continue to file for unemployment benefits eight months into a pandemic that has killed more than 200,000 Americans and shuttered businesses in the economic fallout.
The president – speaking with a raspy voice following his illness and return to campaign rallies – told members of the Economic Clubs of New York, Florida, Washington DC, Chicago, Pittsburgh and Sheboygan that the election is a “simple” choice between “historic prosperity” and “crippling poverty and a steep depression under the radical left.”
On the mounting national debt, he claimed that “prior to the plague,” the administration was beginning to “get that number down”.
“We were getting ready to pay off … large chunks of debt,” he said.
That has not been the case. The Committee for a Responsible Federal Budget, a government watchdog, reported this month that the president’s economic plans would add roughly $5 tn to the national debt over 10 years.
Following sweeping tax cuts for wealthy Americans and increased federal spending, the national debt and sustained federal budget deficits are set to hit their highest levels since World War II over the next decade, the Congressional Budget Office projected earlier this year.
The budget deficit tripled within the fiscal year that ended on 30 September, the nonpartisan agency reported this month.
He continued to contrast his administration by invoking an apocalyptic scenario under Democratic leadership, which would “shut down the economy”, close schools, delay the release of a Covid-19 vaccine and prolong the pandemic.