White House staffers: “Trump is completely unraveling”
President Donald Trump is breaking under intense pressure as his policy choices continue to result in devastating outcomes, a former top White House official said on Thursday.
“One American dying a minute now,” former Trump communications director Anthony Scaramucci posted on Twitter.
“The worst quarter in our modern economic history,” he continued. “A threat of delay against a Presidential election.”
“The guy is finished,” Scaramucci continued.
“Completely unraveling. You can see it on his eyes,” he suggested.
Trump campaign suspends spending on ads because they have no message and every message they try fails
As coronavirus deaths continue to surge in America, the U.S. economy plunged by a record-shattering 32.9% annual rate in the last quarter.
That has made it difficult for President Donald Trump to push his “Keep America Great” campaign slogan as he continues to trail former Vice President Joe Biden in the polls.
“President Donald Trump’s campaign has virtually disappeared from the airwaves as it undertakes “a review and fine-tuning of the campaign’s strategy” as an official put it after the replacement of campaign manager Brad Parscale,” NBC News reported Thursday.
“With less than 100 days until Election Day, the Trump campaign spent virtually nothing on television or radio ads on Wednesday and Thursday, according to data from Advertising Analytics. And it has effectively nothing booked through August,” NBC reported. “Meanwhile, Joe Biden’s campaign has spent $3.9 million over those two days and has another almost $6 million booked through the end of August.”
The report noted that Trump’s campaign had been shifting its advertising strategy in response to sagging poll numbers.
“After spending hundreds of thousands of dollars a week running ads in Michigan through June and half of July, the campaign dropped that to just $78,000 for the week of July 14 and to less than $10,000 the week of July 21. Recent polling from Fox News and CNN have found Trump trailing Biden by margins of 9 points and 12 points among registered voters in Michigan in recent days,” NBC reported. “The campaign also had made other ad spending changes in the weeks before this pause, ramping up spending in Iowa, Georgia, Florida and Ohio since the middle of June.”
Trump just lost his last talking point
Rubin posted her column just after the Board of Governors of the Federal Reserve released a statement schooling Trump and his economic adviser Larry Kudlow about the impact Trump’s actions around the coronavirus has had on the economy.
“The coronavirus outbreak is causing tremendous human and economic hardship across the United States and around the world,” the statement said. “The ongoing public health crisis will weigh heavily on economic activity, employment, and inflation in the near term, and poses considerable risks to the economic outlook over the medium term.”
Then Thursday morning the world learned that the United States GDP dropped by 9.5 percent, in a record worst for the country.
“The path of the economy is going to depend, to a very high extent, on the course of the virus and on the measures we take to keep it in check,” said Fed Chair Jerome Powell. “The two things are not in conflict. Social distancing measures and a fast reopening of the economy actually go together. They’re not in competition with each other.”
Rubin explained that Powell basically said Trump’s futile efforts to try and do one without the other won’t do anything.
At the same time, “recent labor market indicators point to a slowing in job growth, particularly among smaller businesses,” he said. For the third month in a row, on July 1, more than 30 percent of Americans couldn’t pay their rent or mortgage. The final unemployment supplement will be sent out this month, so there’s a concern that Aug. 1 numbers will be worse. While Americans continue to file for unemployment at over 1 million people weekly and mass evictions are looking more likely, Trump spent Wednesday evening meeting with oil executives in Texas and telling them everything was great.
“There is no mystery as to why Trump has lost his advantage over former vice president Joe Biden on the economy,” wrote Rubin, citing Trump’s net approval rating on the economy dropping from +16 points since January to +1 in July. Those numbers aren’t likely to stay positive for long.
“Biden actually does 2 points better than Trump when matched up on the economy in an average of the ABC News/Washington Post, Fox News and Quinnipiac polls,” cited CNN’s Harry Enten.
“Trump foolishly thought he could ignore the virus and goad governors and businesses to reopen the economy,” Rubin closed. “That was a deadly and costly failure that voters plainly recognize. It should be obvious by now: Trump’s reckless and willful disregard of the pandemic is what is responsible for the awful economic shape we are in.”