President Trump optimistic about economic recovery
UPDATED 10:15 AM PT —Saturday, July 11, 2020
President Trump has said he’s optimistic the economy will pick up soon. He made those remarks Friday during a briefing in Florida, where he shared the administration’s latest efforts to fight drug trafficking in South America.
The president suggested investors have confidence in the administration’s ability to combat the economic slump and cited recent gains in the stock market.
“We’re going to have a great third quarter. Third quarter is going to be tremendous numbers, fourth quarter likewise. Next year, economically, will be one of the best years we have ever had. …You have already seen the record-breaking job numbers. NASDAQ just hit recently about 12 days record highs, and the other markets are right behind it.” – Donald Trump, 45th President of the United States
Fewer Americans are reportedly filing for jobless benefits as numbers dropped to a four-month low last week.
Meanwhile, Vice President Mike Pence has said the Trump administration is the only thing standing between America and the far left’s “radical agenda.” On Thursday, he stressed the importance of the president winning a second term.
According to Pence, presumptive Democrat nominee Joe Biden is driven by an agenda to transform America, while President Trump is trying to renew the country.
His remarks came after Sen. Bernie Sanders (D-Vt.) predicted Biden could be the “most progressive” president since Franklin D. Roosevelt.
However, Pence appeared confident in saying that he believes the American people will “choose freedom” when they vote to reelect President Trump on November 3rd.