The worsening economic news will introduce a new dimension into the November presidential election clash between the President and his Democratic challenger, former Vice President Biden.
Trump is already under heavy pressure over his erratic management of the coronavirus pandemic and his initial assurances that a disease that has now infected more than a million people in this country didn’t pose a threat.
The economy has generally been an area where Trump has enjoyed majority support during his three years in office. The President’s base is as firm as it ever was. But persuadable voters will now have two new questions to answer in the election: Is Trump the best candidate to lead the country out of both a prolonged duel with Covid-19 and to put the economy that has been shattered by the pandemic back together?
A Monmouth University poll this week found that Biden has widened his national lead over the President to nine points. Other polls have also shown the former vice president ahead.
The President insisted on Wednesday that he could not be blamed for the virus-related economic plunge and argued that he was the ideal choice to bring the good times rolling back.
“I built the greatest economy — with a lot of great people — that we’ve ever had, and I’m going to rebuild it again,” Trump vowed.
“We’re going to have a great economy very soon. Much sooner than people think. Much sooner.”