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Remarks by President Trump at Signing of H.R.748, The CARES Act:

“Well, thank you all very much. This is a very important day. I’ll sign the single-biggest economic relief package in American history and, I must say, or any other package, by the way. It’s twice as large as any relief ever signed. It’s $2.2 billion, but it actually goes up to 6.2 — potentially — billion dollars — trillion dollars. So you’re talking about 6.2 trillion-dollar bill.”

Trump, March 27, 2020

What does he mean potentially 6.2 trillion?
He did admit to liking big bills, definitely not a fiscal conservative.

Remarks by President Trump at Signing of H.R.748, The CARES Act:

“Well, thank you all very much. This is a very important day. I’ll sign the single-biggest economic relief package in American history and, I must say, or any other package, by the way. It’s twice as large as any relief ever signed. It’s $2.2 billion, but it actually goes up to 6.2 — potentially — billion dollars — trillion dollars. So you’re talking about 6.2 trillion-dollar bill.”

As usual, being the NeverTrump Troll you are, you conventiently leave out all historical facts and details that undermine your Trump smear of the du jour:

Following is a more comprehensive list of actual things President Trump accomplished on the Economy:

Before the Coronavirus spread from China across the globe, President Trump helped America build its strongest economy in history. Median household incomes rose to their highest level ever in 2019, while the poverty rate hit an all-time low. Under the Trump Administration, more Americans were employed than ever before—160 million—and the unemployment rate fell to a 50-year low. The unemployment rates for African-Americans, Hispanic-Americans, and Americans without a high-school diploma all hit record lows, while the Trump “Blue-Collar Boom” saw wages grow faster for workers than for managers or supervisors.

After COVID-19 forced a temporary economic shutdown, President Trump signed the largest relief package in American history to protect workers and families from economic devastation. Under President Trump’s leadership, the American economy surged back to life within months, seeing record growth and job gains.

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The Blue-Collar, Middle-Class Trump Economy

Administration Achievements

UNPRECEDENTED ECONOMIC BOOM

Before the Coronavirus invaded our shores, we built the world’s most prosperous economy

America gained 7 million new jobs—more than three times government experts’ projections
Middle-class family income increased nearly $6,000—more than five times the gains during the entire previous administration
The unemployment rate reached 3.5 percent, the lowest in a half-century
Achieved 40 months in a row with more job openings than job hirings
More Americans reported being employed than ever before—nearly 160 million
Jobless claims hit a nearly 50-year low
The number of people claiming unemployment insurance as a share of the population hit its lowest level on record
Incomes rose in every single metro area in the United States for the first time in nearly three decades

Delivered a future of greater promise and opportunity for citizens of all backgrounds

Unemployment rates for African Americans, Hispanic Americans, Asian Americans, Native Americans, veterans, individuals with disabilities, and those without a high school diploma all reached record lows
Unemployment for women hit its lowest rate in nearly 70 years
Nearly 7 million people were lifted off of food stamps
Poverty rates for African Americans and Hispanic Americans reached record lows
Income inequality fell for two straight years—and by the largest amount in over a decade
The bottom 50 percent of American households saw a 40 percent increase in net worth
Wages rose fastest for low-income and blue-collar workers—a 16 percent pay increase
African American homeownership increased from 41.7 percent to 46.4 percent

Brought jobs, factories, and industries back to the USA

Created more than 1.2 million manufacturing and construction jobs
Put in place policies to bring back supply chains from overseas
Small business optimism broke a 35-year-old record in 2018

Hit record stock market numbers and record 401ks

The DOW closed above 20,000 for the first time in 2017 and topped 30,000 in 2020
The S&P 500 and NASDAQ have repeatedly notched record highs

Achieved a record-setting economic comeback by rejecting blanket lockdowns

An October 2020 Gallup survey found 56 percent of Americans said they were better off now than four years ago, even in the midst of a global pandemic
During the third quarter of 2020, the economy grew at a rate of 33.1 percent—the most rapid GDP growth ever recorded
Since coronavirus lockdowns ended, the economy has added back over 12 million jobs, more than half the jobs lost
Jobs have been recovered 23 times faster than the previous administration’s recovery
Unemployment fell to 6.7 percent in November, from a pandemic peak of 14.7 percent in April—beating expectations of well over 10 percent unemployment through the end of 2020
The 8 percentage point decline in the unemployment rate from April to November is the largest seven-month reduction ever recorded
Under the previous administration, it took 49 months for the unemployment rate to fall from 10 percent to under 7 percent, compared to just 3 months for the Trump Administration
Since April, the Hispanic unemployment rate has fallen by 10.5 percent, Asian-American unemployment by 7.8 percent, and Black-American unemployment by 6.4 percent
80 percent of small businesses are now open, up from just 53 percent in April
Small business confidence hit a new high
Homebuilder confidence reached an all-time high, and home sales hit their highest reading since December 2006
Manufacturing optimism nearly doubled
Household net worth rose $7.4 trillion in Q2 2020 to $112 trillion, an all-time high
Home prices hit an all-time record high
The United States rejected crippling lockdowns that crush the economy and inflict countless public health harms and instead safely reopened its economy
Business confidence is higher in America than in any other G7 or European Union country
Stabilized America’s financial markets with the establishment of a number of Treasury Department supported facilities at the Federal Reserve

FAIR AND RECIPROCAL TRADE

Secured historic trade deals to defend American workers

Immediately withdrew from the job-killing Trans-Pacific Partnership (TPP)
Ended the North American Free Trade Agreement (NAFTA), and replaced it with the brand new United States-Mexico-Canada Agreement (USMCA)
The USMCA contains powerful new protections for American manufacturers, auto-makers, farmers, dairy producers, and workers
The USMCA is expected to generate over $68 billion in economic activity and potentially create over 550,000 new jobs over 10 years
Signed an executive order making it government policy to Buy American and Hire American, and took action to stop the outsourcing of jobs overseas
Negotiated with Japan to slash tariffs and open its market to $7 billion in American agricultural products while ending its ban on potatoes and lamb
Over 90 percent of American agricultural exports to Japan now receive preferential treatment, and most are duty-free
Negotiated another deal with Japan to boost $40 billion worth of digital trade
Renegotiated the United States-Korea Free Trade Agreement, doubling the cap on imports of American vehicles and extending the American light truck tariff
Reached a written, fully enforceable Phase One trade agreement with China on confronting pirated and counterfeit goods, as well as the protection of American ideas, trade secrets, patents, and trademarks
China agreed to purchase an additional $200 billion worth of United States exports and opened market access for over 4,000 American facilities to exports while all tariffs remained in effect
Achieved a mutual agreement with the European Union (EU) that addresses unfair trade practices and increases duty-free exports 180 percent to $420 million
Secured a pledge from the EU to eliminate tariffs on American lobster—the first United States-European Union negotiated tariff reduction in over 20 years
Scored a historic victory by overhauling the Universal Postal Union, whose outdated policies were undermining American workers and interests
Engaged extensively with trade partners like the EU and Japan to advance reforms to the World Trade Organization (WTO)
Issued a first-ever comprehensive report on the WTO Appellate Body’s failures to comply with WTO rules and interpret WTO agreements as written
Blocked nominees to the WTO’s Appellate Body until WTO Members recognize and address longstanding issues with Appellate Body activism
Submitted 5 papers to the WTO Committee on Agriculture to improve Members’ understanding of how trade policies are implemented, highlight areas for improved transparency, and encourage members to maintain up-to-date notifications on market access and domestic support

Took strong actions to confront unfair trade practices and put America First

Imposed tariffs on hundreds of billions worth of Chinese goods to protect American jobs and stop China’s abuses under Section 232 of the Trade Expansion Act of 1962 and Section 301 of the Trade Act of 1974
Directed an all-of-government effort to halt and punish efforts by the Communist Party of China to steal and profit from American innovations and intellectual property
Imposed tariffs on foreign aluminum and foreign steel to protect our vital industries and support our national security
Approved tariffs on $1.8 billion in imports of washing machines and $8.5 billion in imports of solar panels
Blocked illegal timber imports from Peru
Took action against France for its digital services tax that unfairly targets American technology companies
Launched investigations into digital services taxes that have been proposed or adopted by 10 other countries

Remarks by President Trump at Signing of H.R.748, The CARES Act:

“Well, thank you all very much. This is a very important day. I’ll sign the single-biggest economic relief package in American history and, I must say, or any other package, by the way. It’s twice as large as any relief ever signed. It’s $2.2 billion, but it actually goes up to 6.2 — potentially — billion dollars — trillion dollars. So you’re talking about 6.2 trillion-dollar bill.”

Some context of what the CARES act actually provided, you know, the details you left out:

The Coronavirus Aid, Relief, and Economic Security Act,[b]^[1] also known as the CARES Act,^[2] is a $2.2 trillion economic stimulus bill passed by the 116th U.S. Congress and signed into law by President Donald Trump on March 27, 2020, in response to the economic fallout of the COVID-19 pandemic in the United States.^[3]^[4] The spending primarily includes $300 billion in one-time cash payments to individual people who submit a tax return in America (with most single adults receiving $1,200 and families with children receiving more^[5]), $260 billion in increased unemployment benefits, the creation of the Paycheck Protection Program that provides forgivable loans to small businesses with an initial $350 billion in funding (later increased to $669 billion by subsequent legislation), $500 billion in loans for corporations, and $339.8 billion to state and local governments.^[6]