COVID-19 has shattered the basic economic rationale President Donald Trump had put forward in running for reelection and forced him to come up with another: Joe Biden’s handling of the catastrophe would be worse.

Has the U.S. economy hit bottom?

Just a few short months ago, Trump planned to campaign for reelection on the back of a robust economy. That’s a distant memory after more than 20 million jobs were lost in April, leading to an unemployment rate of 14.7%, the highest since the Great Depression.

Economists suggest the genuine unemployment number is much higher. Trump is encouraging states to reopen their economies to help reverse the slide, even as health experts warn that reopening too soon could lead to a second wave that would wreak greater economic devastation.

Joe Biden doesn't believe being stuck in his Delaware home's basement is hurting his chances of becoming president.

The presumptive 2020 Democratic presidential nominee bristled when asked Tuesday about when he expected to restart his campaign for the White House ahead of the general election.

"We're on the campaign trail now. And everybody says, 'You know Biden's hiding.' Well, let me tell you something — we're doing very well," he told ABC News.