Trump Hopes for Economic Crash, Economists and Biden Campaign Respond

Despite Trump's predictions, economists foresee a slowdown, not a crash, in the U.S. economy in 2024.

Former President Donald Trump recently expressed hope for an economic crash in the U.S. within the next year, drawing criticism from the Biden campaign and economists.
Economists predict that while the U.S. economy may slow in 2024 due to high interest rates and inflation, a crash is unlikely.
Trump's comments have been seized upon by the Biden campaign, which plans to use them in a paid media campaign.
The U.S. economy has shown resilience despite high interest rates, with hiring continuing and the inflation rate cooling to 3.1 percent as of November.
Trump's comments come as he seeks the presidency again in 2024, and as the Biden campaign struggles with voter frustration over the handling of the economy.