Campaigning under the stifling August sun, Joe Biden assailed President Donald Trump's trade war with China, accusing him of squandering a strong economy and putting Americans' financial security at risk.
But he was quick to add that he was not hoping for the worst.
"I never wish for a recession. Period," the former vice president and current Democratic presidential candidate told reporters in Prole, Iowa.
Democratic presidential candidate Beto O'Rourke speaks at the Iowa Federation of Labor convention, Wednesday, Aug. 21, 2019, in Altoona, Iowa. (AP PhotoCharlie Neibergall)
Biden's comments highlight the delicate balance for Democrats as the U.S. economy flashes recession warning signs. In town halls and speeches across the country this week, candidates leveled blame on Trump, arguing that his aggressive and unpredictable tariff policies were prompting gloomy economic forecasts. Yet they also strained to avoid the appearance of cheering for a downturn that would inflict financial pain on millions of Americans, but potentially help their party's political fortunes in 2020.
For more than two years, the combination of solid growth, low unemployment and a rising stock market has been a bulwark for Trump, helping him maintain the support of many independents and moderate Republicans who are turned off by his incendiary statements and pugnacious personality. According to a new Associated Press-NORC poll, a higher percentage of Americans approve of Trump's handling of the economy than his overall job performance.
"If there is a recession and the economy is doing worse, not better, than when Donald Trump started, it is hard to see how the majority of the American people, even those who have looked the other way on so many of his indiscretions, will decide to give him a shot at another four years," said Jennifer Psaki, a former White House and campaign adviser to President Barack Obama.
Democratic presidential candidate former Vice President Joe Biden speaks at the Iowa Federation of Labor convention, Wednesday, Aug. 21, 2019, in Altoona, Iowa. (AP PhotoCharlie Neibergall)
Trump's advisers privately have the same concern, particularly given that the president's path to victory is already narrow. Well aware that a sitting president almost always gets the credit or the blame for the state of the American economy, Trump and his team have tried to point the finger elsewhere, namely in the direction of Federal Reserve Chairman Jerome Powell, accusing him of slowing growth by not lowering interest rates.
"Our Federal Reserve does not allow us to do what we must do. They put us at a disadvantage against our competition," Trump said Thursday on Twitter.
Shifting blame to others has been a frequent tactic for Trump, even to those within his own administration. (Trump nominated Powell as Fed chair last year.)
Some Democrats said he shouldn't get away with it this time.
"Do not allow him to escape the accountability that he deserves for what he is doing to this economy," said Beto O'Rourke, a presidential contender and former Texas congressman. "He'll try to blame every other person. The blame rests with Donald Trump. Now it's incumbent on all of us to call this out."
For months, the strong American economy has posed complications for Democrats trying to unseat Trump. Although Trump inherited an economy on the rise from his predecessor, Barack Obama, gains have indisputably continued under his watch. Unemployment is near a 50-year low at 3.7%. Consumer and business confidence has been strong, fueling record highs on Wall Street, even though the most recent signs show that consumer confidence could be ebbing.
Rather than trying to undercut those markers or predict doom ahead, most Democratic candidates have focused on economic inequalities, arguing that the wealthy were reaping the benefits far more than middle- and working-class Americans. In particular, Candidates have hammered Trump's 2018 tax law, which gave large-scale tax cuts to the rich and corporations and more moderate benefits to the middle class. And they've slammed the tariffs for burdening farmers across the heartland.
One exception has been Massachusetts Sen. Elizabeth Warren, who has openly warned about the prospect of another economic decline. In July, she wrote an essay predicting that a rise in consumer and corporate debt was imperiling the longest expansion in U.S. history.
"Whether it's this year or next year, the odds of another economic downturn are high — and growing," Warren wrote.
Biden in particular appeared to shift close to Warren's warnings this week, as analysts said that a slowdown, if not a full-blown recession, could hit before next year's election. During a two-day campaign swing through Iowa, Biden reminded voters that the Obama administration handed Trump a strong economy that could quickly come undone.
"Donald Trump inherited a growing economy from the Obama-Biden administration, just like he inherited everything in his life. And now he's squandered it, just like he's squandered everything he inherited in his life," said Biden, making sure to remind voters of his own role in revitalizing the economy during the last administration.
Other Democrats were more cautious, particularly about leaving the impression that the party sees a political benefit from an economic decline.
"I just think it's very important that we be clear as a party that we don't want a recession," said John Delaney, the former Maryland congressman who is mired at the bottom of the pack in the crowded Democratic primary field. "I don't want anything to happen, even if it's good politics, if it hurts workers."
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NUUK, Greenland (AP) — Troops from several European countries continued to arrive in Greenland on Thursday in a show of support for Denmark as talks between representatives of Denmark, Greenland and the U.S. highlighted “fundamental disagreement” over the future of the Arctic island.
Denmark announced it would increase its military presence in Greenland on Wednesday as foreign ministers from Denmark and Greenland were preparing to meet with White House representatives in Washington. Several European partners — including France, Germany, the U.K., Norway, Sweden and the Netherlands — started sending symbolic numbers of troops already on Wednesday or promised to do so in the following days.
The troop movements were intended to portray unity among Europeans and send a signal to President Donald Trump that an American takeover of Greenland is not necessary as NATO together can safeguard the security of the Arctic region amid rising Russian and Chinese interest.
“The first French military elements are already en route” and “others will follow,” French President Emmanuel Macron announced Wednesday, as French authorities said about 15 soldiers from the mountain infantry unit were already in Nuuk for a military exercise.
Germany will deploy a reconnaissance team of 13 personnel to Greenland on Thursday, the Defense Ministry said.
On Thursday, Danish Defense Minister Troels Lund Poulsen said the intention was “to establish a more permanent military presence with a larger Danish contribution,” according to Danish broadcaster DR. He said soldiers from several NATO countries will be in Greenland on a rotation system.
Danish Foreign Minister Lars Løkke Rasmussen, flanked by his Greenlandic counterpart Vivian Motzfeldt, said Wednesday that a “fundamental disagreement” over Greenland remains with Trump after they held highly anticipated talks at the White House with Vice President JD Vance and Secretary of State Marco Rubio.
Rasmussen added that it remains “clear that the president has this wish of conquering over Greenland” but that dialogue with the U.S. would continue at a high level over the following weeks.
Inhabitants of Greenland and Denmark reacted with anxiety but also some relief that negotiations with the U.S. would go on and European support was becoming visible.
Greenland's Prime Minister Jens-Frederik Nielsen welcomed the continuation of “dialogue and diplomacy.”
“Greenland is not for sale,” he said Thursday. “Greenland does not want to be owned by the United States. Greenland does not want to be governed from the United States. Greenland does not want to be part of the United States.”
In Greenland’s capital, Nuuk, local residents told The Associated Press they were glad the first meeting between Greenlandic, Danish and American officials had taken place but suggested it left more questions than answers.
Several people said they viewed Denmark’s decision to send more troops, and promises of support from other NATO allies, as protection against possible U.S. military action. But European military officials have not suggested the goal is to deter a U.S. move against the island.
Maya Martinsen, 21, said it was “comforting to know that the Nordic countries are sending reinforcements” because Greenland is a part of Denmark and NATO.
The dispute, she said, is not about “national security” but rather about “the oils and minerals that we have that are untouched.”
On Wednesday, Poulsen announced a stepped-up military presence in the Arctic “in close cooperation with our allies,” calling it a necessity in a security environment in which “no one can predict what will happen tomorrow.”
“This means that from today and in the coming time there will be an increased military presence in and around Greenland of aircraft, ships and soldiers, including from other NATO allies,” Poulsen said.
Asked whether the European troop movements were coordinated with NATO or what role the U.S.-led military alliance might play in the exercises, NATO referred all questions to the Danish authorities. However, NATO is currently studying ways to bolster security in the Arctic.
The Russian embassy in Brussels on Thursday lambasted what it called the West's “bellicose plans” in response to “phantom threats that they generate themselves”. It said the planned military actions were part of an “anti-Russian and anti-Chinese agenda” by NATO.
“Russia has consistently maintained that the Arctic should remain a territory of peace, dialogue and equal cooperation," the embassy said.
Rasmussen announced the creation of a working group with the Americans to discuss ways to work through differences.
“The group, in our view, should focus on how to address the American security concerns, while at the same time respecting the red lines of the Kingdom of Denmark,” he said.
Commenting on the outcome of the Washington meeting on Thursday, Poulsen said the working group was “better than no working group” and “a step in the right direction.” He added nevertheless that the dialogue with the U.S. did not mean “the danger has passed.”
Speaking on Thursday, Danish Prime Minister Mette Frederiksen said the American ambition to take over Greenland remains intact despite the Washington meeting, but she welcomed the creation of the working group.
The most important thing for Greenlanders is that they were directly represented at the meeting in the White House and that “the diplomatic dialogue has begun now,” Juno Berthelsen, a lawmaker for the pro-independence Naleraq opposition party, told AP.
A relationship with the U.S. is beneficial for Greenlanders and Americans and is “vital to the security and stability of the Arctic and the Western Alliance,” Berthelsen said. He suggested the U.S. could be involved in the creation of a coastguard for Greenland, providing funding and creating jobs for local people who can help to patrol the Arctic.
Line McGee, 38, from Copenhagen, told AP that she was glad to see some diplomatic progress. “I don’t think the threat has gone away,” she said. “But I feel slightly better than I did yesterday.”
Trump, in his Oval Office meeting with reporters, said: “We’ll see how it all works out. I think something will work out.”
Niemann reported from Copenhagen, Denmark, and Ciobanu from Warsaw, Poland.
Denmark's Foreign Minister Lars Løkke Rasmussen and Greenland's Foreign Minister Vivian Motzfeldt speak at a news conference at the Embassy of Denmark, Wednesday, Jan. 14, 2026, in Washington. (AP Photo/John McDonnell)
People walk on a street in Nuuk, Greenland, Wednesday, Jan. 14, 2026. (AP Photo/Evgeniy Maloletka)
From center to right, Greenland Foreign Minister Vivian Motzfeldt, Denmark's Ambassador Jesper Møller Sørensen, rear, and Danish Foreign Minister Lars Løkke Rasmussen, right, arrive on Capitol Hill to meet with senators from the Arctic Caucus, in Washington, Wednesday, Jan. 14, 2026. (AP Photo/J. Scott Applewhite)
An Airbus A400M transport aircraft of the German Air Force taxis over the grounds at Wunstorf Air Base in the Hanover region, Germany, Thursday, Jan. 15, 2026 as troops from NATO countries, including France and Germany, are arriving in Greenland to boost security. (Moritz Frankenberg/dpa via AP)
Fishermen load fishing lines into a boat in the harbor of Nuuk, Greenland, Wednesday, Jan. 14, 2026. (AP Photo/Evgeniy Maloletka)
Greenland Foreign Minister Vivian Motzfeldt, left, and Danish Foreign Minister Lars Løkke Rasmussen, arrive on Capitol Hill to meet with members of the Senate Arctic Caucus, in Washington, Wednesday, Jan. 14, 2026. (AP Photo/J. Scott Applewhite)