President Donald Trump is warning of an economic crash if he loses reelection, arguing that even voters who personally dislike him should base their ballots on the nation's strong growth and low unemployment rate. The financial markets signaled the possibility of a U.S. recession this week, sending
WASHINGTON — President Donald Trump is warning of an economic crash if he loses reelection, arguing that even voters who personally dislike him should base their ballots on the nation's strong growth and low unemployment rate.
Trump has taken to blaming others for the recession fears, mostly the Federal Reserve, which he is pushing for further interest rate cuts. Yet much of the uncertainty in the markets stems from his own escalation of a trade war with China, as well as weakened economies in key countries around the world.
Story continues"You have no choice but to vote for me because your 401, everything is going to be down the tubes," the president said at a Thursday rally in New Hampshire."Whether you love me or hate me, you've got to vote for me." Consumer confidence has dropped 6.4% since July. The pessimism could worsen if the Fed decides to slash rates in accordance with Trump's wishes.
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