Biden set to make risky economic argument against Trump

[mystery-ak]

Biden set to make risky economic argument against Trump
By Amie Parnes - 05/25/20 06:49 PM EDT

Joe Biden is taking on President Trump over the economy.

The former vice president’s campaign believes he has an opening with voters on an issue that has been a strength of Trump's given the economic harm caused by the coronavirus pandemic, which has locked down businesses and led to skyrocketing unemployment.

They plan to argue that Trump handled the pandemic poorly, is mishandling the economy, and that their candidate is in a the better leader to shepherd the country to a recovery.


“No one thinks the economy is in a good place right now,” said one Democratic strategist who supports Biden. “Trump got us here. And Biden can make the case that he’s the one who can lead us out of here.”

Allies say the presumptive Democratic presidential nominee will lean on his record in 2009, when he was a part of the Obama administration handling the recovery from the last big recession.

The decade since that recession included tremendous growth, though the Obama administration also came under heavy criticism from the right and the left for its handling of the issue, raising questions over how effectively the experience can be used to buttress Biden.

more
https://thehill.com/homenews/campaign/499207-biden-set-to-make-risky-economic-argument-against-trump

[skeeter]

All the rats will do by taking this tact is convince everyone their virus hysteria had nothing to do with the virus after all, and everything to do with ruining our lives for their own political ends.

[mystery-ak]

CNBC Reporter: Biden Is Offering Most Expensive Tax Plan Of Any Democratic Candidate In Recent History

CNBC Reporter: Biden Tax Plan ‘Most Expensive’ in Recent History

“The truth is that Joe Biden, even though he’s portrayed as a moderate, is offering the most expensive Democratic tax plan that we’ve seen from any Democratic candidate in recent history,” Frank said in an interview. “Hillary Clinton’s total plan was $1.5 trillion. Biden’s plan is $4 trillion.”

Biden has been courting a number of progressives in advisory roles to his campaign in recent weeks. Last Wednesday, he announced his new “unity task forces” with rival primary candidate Sen. Bernie Sanders (I., Vt.). The group, which includes freshman congresswoman Alexandria Ocasio-Cortez (D., N.Y.) and top economic advisers to the Sanders campaign, will collectively develop the Democratic Party’s 2020 platform.

Frank noted that Biden’s proposed raise to the capital gains tax rate by almost 20 percentage points would be the largest ever and that Biden’s corporate income tax rate would see a 7 percentage point increase. While these suggestions are not surprising, Frank said, they do raise questions as to whether they are prudent during a time of economic recession.

more
https://www.thegatewaypundit.com/2020/05/cnbc-reporter-biden-offering-expensive-tax-plan-democratic-candidate-recent-history-video/

[catfish1957]

It's not a coincidence that two of the past three dim POTUS oversaw the worst economies of the past 50 years here.