Trump campaign nails 'Kamalanomics' as stock market crashes on bad unemployment report
Banking And Finance,Stock Market,Recession,Wall Street
he stock market reacted negatively to a bad unemployment report, and the Trump campaign lambasted Democrats for what some said are signs of a coming recession.
“Kamala Harris has proudly and repeatedly celebrated her role as Joe Biden’s co-pilot on ‘Bidenomics.’ She cast tie-breaking votes in the Senate for spending that put inflation on steroids, and despite the evidence that America’s working families are hurting she tells us these failed plans are working," read a statement from the campaign entitled "Kamalanomics."
The jobs report documented a sharp upturn in the unemployment rate from 4.1% to 4.3%, the highest level since October 2021.
Related Coverage
AllSides Picks
Red Blue Translator
Great Depression (The)
Headline Roundup
Hamas Agrees to Disarmament Plan, Israel Expresses 'Serious' Concerns and Bombs Gaza
August 3rd, 2026
Headline Roundup
US and Japan Make Coordinated Yen Purchases to Bolster Currency
August 3rd, 2026
Recommended Reading
When the DSA Moment Has Arrived
Dan Schnur
August 3rd, 2026