Obama promised an economic recovery. Trump delivered.
It’s that simple. During the Obama administration, we lost jobs. Manufacturing packed up and headed overseas. ObamaCare strained small businesses to the breaking point. The stock market posted dismal numbers. In short, Obama put us in a depression darker than the Great Depression.
However, the morning after the election, stocks started to rise. The promise of a Trump White House put confidence back in the market. Manufacturing returned. Jobs came back. An as for the depression, Trump was the Prozac that put an end to it. Now, we can’t stop breaking records.
Yesterday, the S&P 500 hit an all time high. CNBC elaborates:
Stocks rallied on Thursday, led by strong gains in tech and energy shares, as Wall Street cheered the possibility that the Federal Reserve will cut interest rates next month.
The S&P 500 surged 1% to 2,954.18, a record close. The broad index also hit an intraday record of 2,958.06. The Dow Jones Industrial Average closed 249.17 points higher at 26,753.17.
According to the Gateway Pundit:
What CNBC and other far left media outlets won’t report that the DOW also was in record territory. According to our records, yesterday the DOW reached it’s third highest close ever.
The DOW closed at 26,753 when the markets closed. The only time the DOW closed higher was last October when the DOW closed at it’s all time high of 26,828 on October 3rd, 2018 and at it’s second highest close ever at 26,774 on October 2nd, 2018.
In fact, Howard Kurtz believes the economy is the single most important factor in a bid for reelection.
I’ve always felt that a president presiding over strong growth is far more likely to win a second term, even if other hot-button issues are dominating the news. The flip side is that strong economic anxieties can derail a reelection campaign, even if the economy is recovering from a recession, as happened when George H.W. Bush lost to Bill Clinton in 1992. And the Wall Street meltdown in the fall of 2008 helped put Barack Obama in the White House.
The nettlesome challenge for the Democratic candidates is to avoid appearing that they’re talking down a good economy or getting traction when most people are satisfied with their personal situation. During the 1982 midterms, Democrats privately hoped the jobless rate under Ronald Reagan would top 10 percent, which it did, but couldn’t say so publicly on their way to picking up 27 House seats.
Joe Biden is touted for his ability to connect with white, working-class voters in such industrial states as Michigan and Pennsylvania. But if those workers, except in certain fields, are generally doing well, that clearly undercuts the pitch.
But don’t take my word for it — ask Celinda Lake.
She’s a veteran Democratic pollster who told Politico that “we really don’t have a robust national message right now” on the economy. “We will tend to talk about things like paid leave and equal pay,” which are popular but “don’t add up to an economic message that is robust enough to win the presidency.”
Lake also said that people may not agree with Trump, but they know what his message is. “And Democrats, you don’t know what it is. And that’s a recipe for disaster in 2020.”
Issues in Play
There are a lot of issues at play in this election. ObamaCare isn’t completely obliterated yet. And that’s the tough one for Trump. But the Mueller report was a total bust. Clearly, the collusion happened on Obama’s watch. And most right-wingers are waiting to see liberals face the consequences of their ridiculous witch hunt.
Furthermore, the border crisis is still raging. And Elizabeth Warren isn’t a Native American, Beto isn’t Mexican, and AOC lacks human intelligence. All of these issues will play a part in the 2020 election. But what it’s going to come down to for most Americans is one simple question.
“Am I better off now than I was during Obama’s reign of terror?” With an economy like this, Trump can’t stop winning.
