President Donald Trump on Oct. 14 touted his administration’s accomplishments on the economy, claimed the policies proposed by Democrats would lead to a “steep depression,” and characterized the Nov. 3 presidential election as a choice between “a socialist nightmare and the American dream.”
In the 2020 election, “the choice facing America is simple. It’s the choice between historic prosperity under my pro-American policies, or very crippling poverty and a steep depression under the radical left. And that’s what you'll have, is a depression,” he told the Economic Clubs of New York, Pittsburgh, Florida, Washington, Chicago, and Sheboygan, Wisconsin, in the White House Rose Garden speech.