US President warns of “market crash” if he is not reelected in 2020 (Image: GETTY)
He tweeted on Saturday that the Trump Economy is “setting records and has a long way up to go”. He added: "However, if anyone but me takes over in 2020 (I know the competition very well), there will be a market crash the likes of which has not been seen before!" A number of traditional economic indicators which includes unemployment and job growth have been positive for the Trump administration, according to Newsweek.
However, a recent survey from Bankrate.com found that nearly half of American adults - around 47 million people - feel they are actually worse off now than they were before the Great Recession.
The survey noted that one of the reasons is the lack of wage recovery.
A further 55 percent of respondents said they are either making the same or less than they did in 2007 before the economic collapse.
Despite the Trump administration’s corporate tax cuts, most of the money saved by large businesses have not been put into more pay for their workers.
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