Former Democratic presidential candidate Pete Buttigieg spoke on Monday in a heated interview with Fox News anchor Martha MacCallum, widely shared in the social media, about Donald Trump’s “economic disaster” and “mismanagement of the pandemic.
The former mayor of South Bend, Indiana, stated: “All you have to do is google the numbers of the Obama Biden economy versus the Trump economy. The Trump economic disaster is a simple fact,” he said Tuesday after the interview, which has since had more than 66,000 likes and 10,000 retweets.
Buttigieg was asked by MacCallum to respond to comments from Tim Murtaugh, the president’s director of communications, who defended Trump’s economic track record just moments before Buttigieg’s interview.
Buttigieg said: “I suspect he [Murtaugh] thinks we are all stupid … it’s a simple fact that GDP growth under Obama grew faster than under Trump. Look at the first three years.
“And when he tries to sell us GDP growth in the third quarter of this year, when he tries to use the economy of 2020 as an example of economic triumph, he is living on a different planet than we are.
Last week, the U.S. Bureau of Economic Analysis revealed that real gross domestic product (GDP) in the third quarter of 2020 grew at an annual rate of 33.1 percent, according to a “preliminary” estimate. Real GDP declined by 31.4 percent in the second quarter, the office said.
All you have to do is google the numbers on the Obama Biden economy versus the Trump economy. The Trump economic disaster is a simple fact. pic.twitter.com/txlcHzkJVy
– Pete Buttigieg (@PeteButtigieg) November 3, 2020
“The increase in GDP in the third quarter reflected continued efforts to re-open businesses and resume activities that had been postponed or restricted due to COVID-19. The full economic impact of the COVID-19 pandemic cannot be quantified in the GDP estimate for the third quarter of 2020 because the effects are usually included in the source data and cannot be separately identified,” the office noted.
Buttigieg noted: “The only reason the figures are as they are is because it is a partial return from the bloodbath in the second quarter.
“We are still on the ground in 2020. We were on the ground after the pandemic and he [Trump] did worse before the pandemic,” he said, noting that “there is an economic catastrophe that has been caused by mismanagement of the pandemic.
MacCallum noted: “Some would say that the pandemic has decreased by two-thirds. By any estimate based on what has happened, that is a strong number… everyone who was president had to go through this economic downturn and come out again.
“We have the most diverse country in the world, and with a number of complex problems in our population, it is a completely different environment.
Buttigieg reacted quickly: “So we should be satisfied with less? Should we settle for worse numbers?
Find out more about how the US economy grew in the third quarter of this year; read our blog, https://t.co/Yqg10kiYrN. pic.twitter.com/sFzhWqww6lh
– BEA News (@BEA_News) October 29, 2020
“The American people have obviously done some amazing things to try to recover from this pandemic,” Buttigieg noted, but accused the president of trying to “take credit for trying to underperform the Obama Biden economy, whether you look at GDP growth or stock market growth.
He added: “Here’s another funny story: remember when Donald Trump promised that his economic policies would bring us four, five, six percent growth? None of that happened before the pandemic and after the pandemic we know what we are dealing with”.
MacCallum also pointed to a recent note from the editors of the Pittsburgh Post-Gazette in Pennsylvania, a major battleground state, which states, “Under Donald Trump, the economy boomed, before COVID, like never before since the 1950s. Take a look at your 401(k) over the last three years. Unemployment for black Americans is lower than ever before, under either party’s president… and the Appalachians and hourly wage earners have some hope.
According to the latest Reuters/Ipsos polls, published on Monday, Trump is expected to have a lead over Democratic presidential candidate Joe Biden on the economy of six major swing states.
About 48 to 53 percent of likely voters in Pennsylvania, Florida, Arizona, Wisconsin, Michigan and North Carolina said Trump would manage the economy better, while 42 to 46 percent of Biden would do better.
The surveys were conducted among approximately 1,000 adults, including some 600 to 700 likely voters. Each of the polls, conducted from October 27 to November 1, had a credibility interval of four percentage points.
The following chart, prepared by Statista, illustrates the American fears prior to the election.
The chart below, also produced by Statista, illustrates the profit margins of the US presidential election since 1980.