• The Financial District


President Donald Trump turned a hastily scheduled Friday night "news conference" at his New Jersey golf club into a surreal kind of campaign rally -- uttering the usual boasts and false claims, except with polo-clad club members standing at the back of the room, Daniel Dale, Holmes Lybrand and Tara Subramaniam wrote for CNN on August 8, 2020.

Trump also introduced a new, wildly inaccurate claim: An allegation that Democrats are cheating in the election via their negotiations with Republicans over a new coronavirus relief bill. CNN fact checkers immediately went to work and belied Trump’s claim, saying “this is nonsense. Participating in a legislative negotiation is simply not cheating in an election; Trump, as always, did not even attempt to explain his allegation.”

The Democratic-controlled House of Representatives has already passed its own relief bill, and Senate Democrats are proposing to spend more money than the White House and Senate Republicans are proposing to spend, they added.

Among the other lies Trump repeated are: The coronavirus is "disappearing" (It is plainly not; the US had reported more than 42,000 new cases on Friday before Trump began his news conference); prescription drug prices declined last year for the first time in 51 years (The decline, of 0.7%, happened two years ago; by the same measure, prices rose 3% last year); more testing leads to more cases (Testing doesn't create cases, merely shows them, and tests are a pandemic-fighting tool that should help reduce cases); foreign countries can easily forge mail-in ballots (Experts say this is simply not true because of various ballot security measures); China is paying the cost of his tariffs on imported Chinese products (Study after study has shown Americans pay the tariffs); China was having its worst year economically in 67 years prior to the pandemic (its 2019 growth was the lowest in 29 years), and; Trump has always been strongly in favor of protecting pre-existing conditions (He has repeatedly backed Republican bills that would have significantly weakened those protections in Obamacare.)

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@2020 by The Financial District