Image: Joe Biden, Donald Trump, Twitter Screenshots

Joe Biden Claims ‘We’re Facing the Worst Economic Crisis Since the Great Depression

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In: ECONOMY, X/TWEET

Today, from “The Office of the President-elect” Joe Biden held a virtual event on the “economic impact of COVID-19.”

In the tweet sharing the Periscope video, Biden said that “We’re facing the worst economic crisis since the Great Depression — and Americans need immediate relief.”

Biden urged supporters to “Tune in for a discussion with workers and small business owners on how we move forward.”

During the Great Depression, the stock market crashed and continued to drop for the better part of three years until it finally turned around, whereas the stock market is currently breaking records so it is hard to see how a comparison like that could be made.

During the event, Biden addressed that as he said “When I think about the economy, I don’t think about the gross domestic product or the stock market, I think about families like yours, families like mine, like I grew up in.”

Biden later tweeted a video that he began by referencing his time as Vice President and said, “Eleven years ago, President Obama and I entered office during the Great Recession and implemented the Recovery Act that saved us from a Great Depression.”

Echoing rhetoric he has used in the past, Biden then said that he only saw the country as the United States and claimed that their administration “Only worked with everyone, for everyone, and we recovered and rebuilt together, as one nation.”

Biden concluded by promising to do it again and said, “Let us begin the work to heal, unite, and rebuild an economy for all Americans.”

President Trump released a video earlier today that he called “Maybe the most important speech” he’s ever made. He said that he was “determined” to protect the election process.

David Caron
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