FACT CHECK: Biden Claims That Trump Did "Nothing To Help Small Businesses" During Pandemic
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Throughout the presidential debate on Tuesday evening, former Vice President Joe Biden said many false and misleading statements that the left-wing fact-checkers are failing to call him out on.
Unlike the bias "fact-checkers," we here at Trending Politics are dedicated to reporting on the facts and truth.
At one point during the debate, Biden claimed that President Trump has done "nothing to help small businesses" during the coronavirus pandemic and has only tried to inflate the stock market and help the wealthy.
This claim from Biden is FALSE.
"The stock market has recovered much faster than many expected after crashing in the early weeks of the pandemic—but so has the broader recovery," Breitbart reports. "The unemployment rate has dropped much lower than many thought it would, from 14.4 percent to 8.4 percent. The economy has added tens of millions of jobs as states lifted lockdown orders."
Check out some of the programs that President Trump has signed to help the American people in the Coronavirus crisis:
- - the economic impact payments handed out $1,200 to most Americans, with more going to bigger families, but was capped at around $100,000 of income;
- - federal government enhancements to unemployment benefits increased jobless payments by $600 per week, which allowed a huge share of Americans who had lost their jobs to receive more income than they had while working.
- - the Paycheck Protection Program lent hundreds of millions to small businesses, keeping millions of Americans employed even when the economy was largely shuttered; and
- - federal programs to pause student loan payments and stop foreclosures have helped millions avoid debt trouble during the crisis.
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