Posted on 08/21/2019 4:06:26 PM PDT by 2ndDivisionVet
It is an article of faith in some circles that if the U.S. economy stops growing, President Trump will not be reelected in 2020. Thus opines Ross Douthat in The New York Times in a recent column headlined “What Happens in a Recession?”
Answering his own question, Douthat writes: “First, the easy part: Donald Trump loses re-election. It will be ugly and flailing and desperate and – depending on recession-era geopolitics – potentially quite dangerous, but there is no way a president so widely disliked survives the evaporation of his boom.”
Is Douthat sure about that?
True, President Trump scores better among voters on his management of the economy than on foreign policy or immigration, for instance. A new NBC/Wall Street Journal poll shows nearly half the country supports Trump’s economic measures.
But if our economic growth falters, the president will blame the Federal Reserve Board for its bungling of interest rates, and he’ll claim that he bravely jeopardized his reelection bid by taking on the Chinese – something that had to be done. He will be right on both counts and he will be forgiven by his supporters.
(Excerpt) Read more at foxnews.com ...
Thanks 2ndDivisionVet.
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