The past week or so, lots of talk about a possible recession on the horizon. If something like that were to hit before the 2020 election, it’s unlikely President Trump would win reelection.
However, the President remains confident the economy is good and says he may be considering tax cuts to help put more back in workers pockets, although a plan hasn’t been outlined yet.
“I’m not talking about doing anything at this moment,” he said to reporters at the White House.
He then added that “a lot of people” want a payroll tax cut, which he said “very much affects the workers of our country.”
“Whether or not we do it now or not, it’s not being done because of a recession,” he said.
In recent days, Trump has retweeted Vice President Mike Pence and RNC Chairwoman Ronna McDaniel who also seem optimistic about the economy.
Under @POTUS’ leadership, the auto industry is roaring back in MI! This year alone, GM announced it will add 400 jobs, Ford has announced it will create 900 new jobs & Fiat-Chrysler is already building a $1.6B new assembly plant that will create 6,400 jobs in the Motor City!
— Vice President Mike Pence (@VP) August 19, 2019
Since @realDonaldTrump was elected:
*6M+ new jobs, over half for women
*500K manufacturing jobs created
*Record-low unemployment among African Americans, Hispanics, Asian Americans
He's just getting started!
— Ronna McDaniel (@GOPChairwoman) August 19, 2019