Steve Forbes warns of economic 'disaster' if Joe Biden wins the White House

 Steve Forbes warns of economic 'disaster' if Joe Biden wins the White House


Steve Forbes: President Trump policies have created a strong economy for Americans.

President Donald Trump's policies have helped create jobs and propelled the economy to perform well, even after news of his illness sent the stock market down slightly, editor and author Steve Forbes told Newsmax TV on Friday.

"The market ... recovered during the day, and that jobs report, which the mainstream media tried to play down, was actually very strong," Forbes said Friday during an appearance on "Stinchfield."

President Donald Trump's policies have helped create jobs and propelled the economy to perform well, even after news of his illness sent the stock market down slightly, editor and author Steve Forbes told Newsmax TV on Friday.

"The market ... recovered during the day, and that jobs report, which the mainstream media tried to play down, was actually very strong," Forbes said Friday during an appearance on "Stinchfield."

"In the private sector, 865,000-plus jobs were created. The reason why the number didn't go up as much as the economists had forecast was because 200,000 government workers were not working. And the reason they weren't working is they're teachers, and the schools weren't opening because of concerns of COVID.”

concerns of COVID.”

"The Atlanta Fed [The Federal Reserve Bank of Atlanta], which tries to forecast the GDP on an ongoing basis, revised their third-quarter estimate up two and a half points compared to a week ago," Forbes said. "I think the markets were reacting to the fact, hopefully, that President Trump's policies will continue. And hopefully, they will."

During the first presidential debate that took place in Cleveland, Ohio, last Tuesday the Democratic presidential nominee said “We left him a booming economy. And he [President Trump] caused the recession." referring to his management as vice president under the Obama administration.

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