Former President Donald Trump is delivering his first public speech since he narrowly escaped an attempt on his life Saturday at his rally in Pennsylvania.
has formally accepted the GOP presidential nomination Thursday night and is delivering his first speech since Saturday's assassination attempt, capping off an ebullient Republican convention at a time of heightened political uncertainty.
Republican presidential candidate former President Donald Trump signed paperwork to officially accept the nomination during the final day of the Republican National Convention2 minutes agoThe RNC crowd cheered Trump after he referred to COVID-19 as the "China virus."During his presidency, Trump said, the U.S. had the best economy in the history of our country, "no inflation," and soaring incomes.
Another metric - the growth rate in personal consumption per person, adjusted for inflation - wasn't higher under Trump than previous presidents. For many families, this statistic serves an economic activity bottom line, determining how much they can spend on food, clothing, housing, health care and travel.
He also said, "People don't realize I brought taxes way down, way way down, and yet, we took in more revenues the following year than we did when the tax rate was much higher."If you look at when the tax bill passed, it's not clear at all that an increase in tax receipts followed the bill's passage. Every year, the U.S. population grows, and - except during a recession - the size of the economy grows, too.
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