Donald Trump: Spend Money U.S.
on Saturday, April 25, 2020Donald Trump Money Quote saying congratulating himself for keeping Americans in the country to spend their money because we’re on lockdown due to coronavirus. Donald Trump said:
“People are now staying in the United States, spending their money in the U.S., and I like that. I’ve been after that for a long time. I’ve been saying, ‘let’s stay in the U.S., spend your money here,’ and they’re doing that. They’re sort of enforced doing that” — Donald Trump
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This quote suggests Donald Trump sees some benefits from travel restrictions enforced during the pandemic. Specifically:
- He says people are now spending money within the US rather than traveling abroad.
- Trump implies this keeps consumer spending circulating within the domestic economy rather than leaking overseas.
- He indicates he has long advocated for encouraging domestic spending over foreign travel.
However, an balanced interpretation would note that while increased domestic spending has upside, travel restrictions also have economic costs through reduced tourism and international business. A full assessment would weigh both the perspectives expressed as well as the complex tradeoffs involved in the public health measures referenced.