Donald Trump reveals "new strategy" with President Joe Biden

Criticism of economic policies that cause inflation.

In a strategic move aimed at setting the tone for the upcoming US presidential debate, former President Donald Trump has released a preview of the arguments he intends to use against President Joe Biden's handling of the economy.

In a keynote speech lasting approximately 80 minutes at a conference organized by the evangelical advocacy group, the Alliance for Faith and Freedom, Donald Trump launched a series of criticisms targeting various economic issues under President Joe Biden's administration.

Donald Trump has leveled harsh criticisms against President Joe Biden's economic policies, claiming they have caused rising gasoline prices and weakened America's economic standing internationally.

Donald Trump attends a campaign event in Philadelphia, Pennsylvania, USA (Photo: Reuters)

He emphasized that under President Joe Biden's leadership, the American economy has declined, with rising public debt and budget deficits. Joe Biden's economic policies have harmed the American middle class and workers.

Donald Trump also focused on inflation, a major concern for many Americans. The policies of President Joe Biden's administration have driven inflation higher, causing the prices of everyday goods and services to skyrocket. Simultaneously, excessive government spending under President Biden has created this inflationary pressure, making life more expensive for the people.

Criticism of climate policies

Donald Trump also criticized Joe Biden's approach to infrastructure and climate policy. While the Biden administration views the infrastructure bill as a significant investment in the country's future, Donald Trump asserts it lacks financial accountability and is not effectively targeted. He argues that infrastructure spending is inefficient and that the climate policies included in the bill are impractical and harmful to the economy.

Specifically, Trump emphasized that President Joe Biden's infrastructure bill is not a financially sound solution. He argued that large investments in infrastructure are not being carefully considered in terms of long-term economic benefits and debt repayment capacity. Uncontrolled public spending will lead to increased public debt, putting pressure on the national budget and creating a financial burden for future generations.

Regarding climate policy, Donald Trump commented that the measures outlined in Joe Biden's infrastructure bill are unrealistic and could harm the economy. He argued that a rapid transition to renewable energy sources and the imposition of stringent emissions regulations would increase production costs and reduce the competitiveness of American businesses in the global market.

At the same time, Mr. Trump argued that this climate policy could lead to job losses in traditional industries such as oil and coal, negatively impacting the lives of millions of workers. The spending is not properly allocated and not targeted, leading to waste and inefficiency in improving infrastructure and protecting the environment.

Meanwhile, Mr. Trump emphasized that during his time in office, he focused on improving infrastructure more effectively and creating practical economic policies that supported sustainable development without harming the economy. He asserted that an effective infrastructure policy requires careful consideration of economic benefits versus costs, and must be implemented in a financially responsible manner to avoid increasing public debt.

President Joe Biden attends a campaign event in Philadelphia, Pennsylvania, USA (Photo: Reuters)

The federal deficit is growing.

Another key point in Donald Trump's speech was the growing federal deficit. He pointed out that under President Joe Biden, the federal deficit had continued to increase, which Donald Trump argued was a sign of poor financial management. He expressed concern that this growing deficit could have long-term negative impacts on the economy, including higher taxes and reduced economic growth.

Donald Trump emphasized that this situation not only increases the burden of public debt but could also lead to tax increases to offset the costs, negatively impacting citizens and businesses. Furthermore, Trump argued that a high federal deficit could slow economic growth, as the government would have to spend more money paying interest on debt instead of investing in other crucial areas.

Prepare for a heated debate.

This move by Donald Trump shows he is meticulously preparing for the upcoming presidential debate, aiming to attract voter support by highlighting his economic achievements during his term and criticizing President Joe Biden's policies.

Donald Trump's speech at the evangelical convention was also part of his broader strategy to solidify his support base within religious and conservative communities, whom he believes will be a crucial force in the upcoming election.

By highlighting these issues, Donald Trump aimed to attract the support of voters concerned about the current economic situation and position himself as a better option. His focus on specific economic concerns was designed to resonate with voters who are directly feeling the impact of inflation and government spending policies in their daily lives.

As the first presidential debate approaches, Donald Trump's initial attacks on President Joe Biden's economic policies have laid the groundwork for a heated and policy-focused confrontation. With the economy a key issue for many voters, Trump's criticisms are likely to become a central theme in the upcoming debate, creating a stark contrast between the two candidates' visions for the future of the American economy.

Source: https://congthuong.vn/bau-cu-tong-thong-my-2024-ong-donald-trump-he-lo-chien-luoc-moi-voi-tong-thong-joe-biden-328272.html