Second 2020 Presidential Debate: on Budget & Economy


Donald Trump: We have a V-shape recovery; it's coming back

TRUMP: We had the greatest economy in the history of our country last year, including the state of Florida. In Pennsylvania, in North Carolina, in Ohio, every place. We had the greatest economy we ever had. We had to close it down, we saved two million lives. We're opening it up. We have a V-shape and it's coming back. It's coming back very fast.

BIDEN: When you allow people to get back in the game and have a job, everything moves. Right now, you got the opposite. Last year during this pandemic, the wealthiest billionaires in the nation, made another $700 billion. He talks about a V-shape recovery. It's a K shape recovery. If you're on the top, you're going to do very well. If you're in the middle or the bottom, your income is coming down. You're not getting a raise.

Source: Second 2020 Presidential Debate/NBC Town Hall Miami Oct 15, 2020

Joe Biden: It's a K-shape recovery; only works for the top

BIDEN: When you allow people to get back in the game and have a job, everything moves. Right now, you got the opposite. Last year during this pandemic, the wealthiest billionaires in the nation, made another $700 billion. He talks about a V-shape recovery. It's a K shape recovery. If you're on the top, you're going to do very well. If you're in the middle or the bottom, your income is coming down. You're not getting a raise.

TRUMP: We had the greatest economy in the history of our country last year, including the state of Florida. In Pennsylvania, in North Carolina, in Ohio, every place. We had the greatest economy we ever had. We had to close it down, we saved two million lives. We're opening it up. We have a V-shape and it's coming back. It's coming back very fast.

Source: Second 2020 Presidential Debate/ABC Town Hall Philadelphia Oct 15, 2020

  • The above quotations are from Second Presidential Debate, Oct. 15, 2020, in Miami, Florida.
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2020 Presidential contenders on Budget & Economy:
  Democrats running for President:
Sen.Michael Bennet (D-CO)
V.P.Joe Biden (D-DE)
Mayor Mike Bloomberg (I-NYC)
Gov.Steve Bullock (D-MT)
Mayor Pete Buttigieg (D-IN)
Sen.Cory Booker (D-NJ)
Secy.Julian Castro (D-TX)
Gov.Lincoln Chafee (L-RI)
Rep.John Delaney (D-MD)
Rep.Tulsi Gabbard (D-HI)
Sen.Amy Klobuchar (D-MN)
Gov.Deval Patrick (D-MA)
Sen.Bernie Sanders (I-VT)
CEO Tom Steyer (D-CA)
Sen.Elizabeth Warren (D-MA)
Marianne Williamson (D-CA)
CEO Andrew Yang (D-NY)

2020 Third Party Candidates:
Rep.Justin Amash (L-MI)
CEO Don Blankenship (C-WV)
Gov.Lincoln Chafee (L-RI)
Howie Hawkins (G-NY)
Gov.Gary Johnson(L-NM)
Howard Schultz(I-WA)
Gov.Jesse Ventura (I-MN) 		Republicans running for President:
Sen.Ted Cruz(R-TX)
Gov.Larry Hogan (R-MD)
Gov.John Kasich(R-OH)
V.P.Mike Pence(R-IN)
Gov.Mark Sanford (R-SC)
Pres.Donald Trump(R-NY)
Rep.Joe Walsh (R-IL)
Gov.Bill Weld(R-MA & L-NY)

2020 Withdrawn Democratic Candidates:
Sen.Stacey Abrams (D-GA)
Mayor Bill de Blasio (D-NYC)
Sen.Kirsten Gillibrand (D-NY)
Sen.Mike Gravel (D-AK)
Sen.Kamala Harris (D-CA)
Gov.John Hickenlooper (D-CO)
Gov.Jay Inslee (D-WA)
Mayor Wayne Messam (D-FL)
Rep.Seth Moulton (D-MA)
Rep.Beto O`Rourke (D-TX)
Rep.Tim Ryan (D-CA)
Adm.Joe Sestak (D-PA)
Rep.Eric Swalwell (D-CA)
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Page last updated: Oct 17, 2020