Former President Donald Trump's recent remarks about hoping for an economic crash before potentially returning to office have triggered a strong response from Speaker Emerita Nancy Pelosi, who condemned his comments as "insensitive and grotesque" during a conversation with Jen Psaki on MSNBC.
Trump's remarks surfaced during an interview with Lou Dobbs on Lindell TV, where he criticized President Biden's handling of the economy and expressed a desire for an economic downturn before potentially reentering the White House.
Referencing Herbert Hoover and the Great Depression, Trump quipped about the timing of a possible crash, aiming to distance himself from the responsibility of managing a troubled economy:
"When does it crash? I hope it's gonna be during these next 12 months because I don't wanna be Herbert Hoover. The one president I just don’t want to be, Herbert Hoover.”
You can hear Trump's remarks in the video below.
Pelosi sharply criticized Trump's comments, expressing disbelief at his apparent lack of understanding of the impact such a crash would have on American working families:
"It's just another manifestation of the insensitivity and the grotesqueness of this person... He says he wants the economy to crash. I guess he doesn’t know what that means to America’s working families."
"He calls himself the messiah. I guess he doesn’t know much about the messiah.
"He doesn’t care what that means to the kitchen table interests of America's working families. Maybe some of his rich friends who pour money into his campaign — because they don’t want to have to pay taxes — might take notice of his ineptitude, not understanding that the economy."
You can hear what Pelosi said in the video below.
Many joined Pelosi in criticizing Trump for his statement.
During his interview, Trump criticized Biden's economic policies, characterizing the economy as "fragile" and reliant on his administration's efforts.
The White House swiftly responded, admonishing such a sentiment and stressing that a president's responsibility is to prioritize the well-being of Americans rather than hoping for their economic suffering.
White House spokesperson Andrew Bates said Republicans "should welcome the economic progress President Biden is delivering, instead of revealing twisted true colors that would shrink the American middle class in the name of their own cynical self-interests.”
Contrary to bleak predictions, the December jobs report exceeded expectations, marking a resilient year in the labor market. This consistent performance has bolstered consumer spending and overall economic growth.
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