President Biden’s re-election campaign on Monday thanked former President Donald Trump for “lifting” strong news on the economy after he claimed credit for the stock market’s all-time high.
Biden campaign spokesperson Ammar Moussa, in a statement first shared with The Hill, criticized President Trump’s comments from early Monday and reminded him that Biden is in the White House. Ta.
“Donald, thank you for covering today’s strong economic news. But on this planet, Joe Biden is president, and his policies have led to historic GDP growth, an ever-stronger stock market, and the post-Trump ouster. It is his policies that have helped achieve substantial job creation in our economy,” Moosa said.
President Trump took credit for the stock market’s recent record highs, writing on his platform Truth Social that polls show he has a lead over Biden in a hypothetical 2024 rematch. I posted that it should be done. He argued that polls support Wall Street’s optimistic outlook and that “investors expect him to win in November,” which “will lift the market.”
The Dow Jones Industrial Average and S&P 500 index both hit record highs over the past week.
White House press secretary Andrew Bates also condemned Trump’s comments, stressing that the economy under the Biden administration will be strong in 2023 and that Biden has also succeeded in rebuilding infrastructure and lowering drug prices.
“While we do not comment on the 2024 election, we increasingly recognize that President Biden is building an economy that actually benefits hardworking families, not just billionaires and multinational executives. “We welcome a wide range of ideologically diverse voices,” Bates said. The Hill.
Biden camp too Shared by Xpreviously posted on Twitter a video of President Trump claiming that the stock market would collapse if Biden wins in 2020, and shared a post by Trump saying, “This is the Trump stock market.”
President Trump has previously said he hopes to see stock prices plummet next year under the Biden administration, and has argued that he does not want to end up like President Hoover if he is re-elected.
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