Trump had long intended on running for reelection on a turbocharged economy, but his plan was upended by the pandemic. After weeks of grim economic news, he seized Friday on the new jobs numbers used a hastily-called press conference to take a victory lap and to boast about how forecasters got it wrong. It was, he said, the “greatest miscalculation in the history of business shows.”

The president has repeatedly made the case that the economy will continue to gain traction as the country begins to reopen and the election draws closer.

The campaign will run the ad on TV and online, both nationally and in swing states. Recent polls have shown Trump trailing in several key battlegrounds, but his advisers insist that an economic rebound will inevitably boost his standing.

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