Biden Takes Aim at Trump, Highlights Economic Record in Labor Day Speech
President Joe Biden criticized his likely 2024 rival, Donald Trump, in a Labor Day speech in Philadelphia, highlighting his support for labor unions and discussing his economic policies. Biden claimed that Trump was one of only two presidents in history to leave office with fewer jobs in America than when he was elected, despite the jobs market seeing strong growth during much of Trump's presidency. Unemployment increased towards the end of Trump's term due to the pandemic. Job growth has improved under Biden, with the U.S. gaining 4 million jobs since the pre-pandemic peak. Americans are concerned about the economy, unemployment, and inflation, with a majority disapproving of Biden's handling of inflation.
Transcript
00:00 It's Benzinga and here's what's on the block.
00:03 President Joe Biden criticized his likely 2024 rival Donald Trump in a Labor Day speech
00:07 in Philadelphia highlighting his support for labor unions and discussing his economic policies.
00:11 Biden claimed that Trump was one of only two presidents in history to leave office with
00:14 fewer jobs in America than when he was elected, despite the jobs market seeing strong growth
00:19 during that much of Trump's presidency.
00:21 Unemployment increased towards the end of Trump's term due to the pandemic.
00:24 Job growth has improved under Biden with the U.S. getting 4 million jobs since the pre-pandemic
00:28 peak.
00:29 Republicans are concerned about the economy, unemployment, and inflation with the majority
00:32 disapproving of Biden's handling of the inflation situation.
00:35 For all things money, visit Benzinga.com.
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