By Ralph Benko
Wednesday, 04 March 2020 01:43 PM
One important factor respecting the 2020 presidential race is that there are very few factors actually relevant. (Most of what we hear on TV is idle chatter.)
One really key factor, however, is that "It's the economy, stupid." That immortal statement was made by campaign strategist James Carville to candidate Clinton in 1992. Carville's declaration is recorded by Bob Shrum in Shrum's compendium of excuses for losing virtually every political campaign he ever managed titled No Excuses. By virtue of its coy candor and its color it is one of the best political memoirs I've ever read.
The Trump economy is looking pretty good. In terms of full employment and rising wages, darn good. That said, it's only a little better than half as good as the Reagan and Clinton economies. So … let's keep it in perspective. Yes, the economy is a Trump asset. Unless it unravels. But there's another important consideration.
Americans are pragmatists. What counts is not "the GDP." What counts to the voter is his or her "GDP."
more
https://www.newsmax.com/ralphbenko/biden-trump-economy-left/2020/03/04/id/956912/