Biden mocks Trump as ‘the great MAGA King’ as he blames him for leaving US economy ‘on the brink of a Great Depression’

In a fiery speech, President Joe Biden assailed Donald Trump’s economic record and ridiculed him with a new moniker: “the great MAGA king.”

Mr Biden typically prefers not to mention his predecessor, and once jokingly remarked that he never thinks about him. But as he defended his own economic policies amid rising inflation and an uneasy stock market, Mr Biden took dead aim at the man he once called “the former guy.”

“Under my predecessor, the great MAGA king, the deficit increased every single year he was president,” Mr Biden said in Chicago on Wednesday, speaking to the International Brotherhood of Electrical Workers. “The first year of my presidency, I reduced the deficit by $350bn.”

The Democrat has frequently touted his reduction of the federal deficit in recent days, even as other economic figures – particularly the consumer price index, a key indicator of inflation – have worsened. On Wednesday, new data showed that the CPI had…

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