‘We are witnessing the fastest economic recovery in US history’: Trump Recovery description:
United States President Donald Trump says “we are currently witnessing the fastest economic recovery in American history”.
At his daily COVID-19 briefing President Trump reported retail spending had fully recovered and was at an “all time high,” auto-production had surged by 28 per cent and the stock market also made positive gains in recent weeks.
“Through the historic relief package that I signed into law we saved over 50 million American jobs and the unemployment rate is rapidly going down,” he said.
“It turns out it will be a very strong ‘v’.”
Mr Trump attributed the positive economic growth to his administration’s action to save jobs and the strong fiscal foundation he set prior to the pandemic.
He also announced further action to protect the elderly from the virus including increased funding, additional protective equipment and rapid testing facilities.
“We are focused on aggressively shielding the highest risk individuals: those living in nursing homes and long-term care facilities are less than one per cent of the US population but account for nearly half of all fatalities,” he said.
‘We are witnessing the fastest economic recovery in US history’: Trump Recovery Comments :