By Ken Bredemeier | VOA News |
WASHINGTON – The Trump administration and the Biden campaign sparred Sunday on the state of the U.S. economy eight weeks ahead of the November 3 national presidential election.
Treasury Secretary Steven Mnuchin cited the drop in the unemployment rate to 8.4% in August and the addition of 1.4 million jobs as evidence that the American economy, the world’s largest, is recovering from the worst of the turmoil inflicted by the coronavirus pandemic.
“We’ll have a phenomenal (gross domestic product) in the third quarter” extending from July through September, Mnuchin told the “Fox News Sunday” show.
Read more of this story