Political speech, timestamped and in context

Donald Trump: “If the Democrats win, you will have a 1929 style economic depression.”

Featuring: Donald Trump, Republican | President of the United States | National

Trump Doubles Down On Promise To Give All Americans $5,000 If GOP Wins Majority After Midterms

Published October 6, 2026

I told you, $21 trillion. But the Democrat policies won't allow this to happen. In fact, the opposite will happen. If the Democrats win, you will have a 1929 style economic depression. You're going to go into a depression if they get in. If the Republicans win, you will each have $5,000 in your pocket and economic success for our country like we have never seen before. (00:52–00:58)

STATEMENT

Asserts that a Democratic win will lead to an economic depression similar to 1929.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

See the main statements from Donald Trump in this video

“Just recently I gave all members of the United States military $1,776.”
Asserts that $1,776 was given to all U.S. military members.01:20-01:29
“We have a record setting $21 trillion coming in just in 15 months.”
Asserts that $21 trillion has been generated in 15 months.02:49-02:54
“We also discovered that nearly 1 million families were massively defrauded by Obamacare.”
Asserts that nearly 1 million families were defrauded by Obamacare.03:24-03:32
“We've uncovered more than $260 billion in welfare fraud against American taxpayers.”
Asserts that over $260 billion in welfare fraud has been uncovered.04:56-05:03
“If Republicans win the House of Representatives and the Senate, I am going to give all adult citizens in the United States of America $5,000.”
Asserts that if Republicans win, all adult citizens will receive $5,000.00:16-00:28
“We're taking in massive amounts of money through tariffs and record setting economic success.”
Asserts that the U.S. is generating significant revenue through tariffs and economic success.00:38-00:44
“We just sent the victims of the Democrat corruption checks for $500 each.”
Asserts that checks for $500 were sent to victims of Democratic corruption.03:49-03:56