In Autumn 1984 Republican president Ronald Reagan ran for re-election by asking a simple and direct question: “Are you better off than you were four years ago?”
And in an economy that was greatly improved by Reagan policies he won re-election with 97% of the electoral votes, 59% of the popular vote and 49 out of 50 states (his opponent, former vice president and former US senator Walter Mondale of Minnesota, did manage to win his own state).
And while president Trump will not win with those kinds of numbers due to changes in the electorate he should be able to win an impressive victory by asking in 2020: “Are you better off than you were four years ago?”
US presidents generally get re-elected when the economy is good and they pay a price when it is not. Even in a mild recession in 1992 Republican president George HW Bush lost re-election because the media hammered him over the slowdown even though it was minimal and the economy was generally strong.
Meanwhile the Trump economy is on solid footing. It appears to be headed for good growth for as long as Trump policies remain in effect. That means that Trump should win handily in 2020.
Reagan was first elected in 1980 because incumbent Democrat president Jimmy Carter had allowed the economy to sink into oblivion. The so-called ‘misery index’ (inflation + unemployment + interest rates) under Carter had reached a sky-high level.
Ronald Reagan promised to reinvigorate the economy, our military and our national spirit and he did so. Starting in 1982 he implemented tax policies that led to a 26-year economic boom that only ended in 2008 when years of terrible Democrat economic policies came home to roost.
Reagan used America’s new prosperity to rebuild the military, leading to the collapse of the communist Soviet Union, arch-enemy of the US, without firing a shot. This was one of the great foreign policy triumphs in all of US history.
Amazingly Obama escaped the ill effects of a bad economy in his first term. In his 2012 re-election campaign the Fake News media ignored the terrible economy while Republican challenger Mitt Romney acted like a cupcake and lost. He could have won but he wouldn’t fight.
Trump won in 2016 as a direct reaction to the stagnant Obama economy. And we can be absolutely sure that president Trump is going to fight hard for his own re-election. He is already holding regular rallies in crucial electoral states like Ohio, Michigan and Wisconsin, and it is only 2019.
Throughout 2020 Trump will be asking the same question that Ronald Reagan asked in 1984: “Are you better off than you were 4 years ago?”
The answer will be a resounding Yes for a clear majority of Americans. That is why Trump’s job approval numbers are as high as 53% in a recent Rasmussen poll, which is famous for accuracy.
It gets better; 263,000 jobs were created in April and the unemployment rate fell to the lowest level since 1969! Meanwhile The Gateway Pundit reports about Trump-hating CNN even before the April numbers came out:
President Trump’s approval rating on the economy has soared to an all-time high, according to a CNN poll released on Thursday.
In the survey, 56 percent said they approve of the way Trump in handling of the economy, compared with 41 percent who disapproved. Trump has consistently been in the mid-40s and low 50s throughout his term, but the 56 percent rating is a new high.
“Here’s is the Trump card for the president: 56 percent of Americans approve how he’s handling the economy,” gushed CNN’s political director David Chalian in a report about the poll. “This is the highest number we’ve ever seen in CNN polling. … That 56 percent, if you stack it up historically, it’s the high-water mark in the entirety of the Trump presidency in CNN polling.
Meanwhile Breitbart News reports:
The first three months of (2019) saw wages for manufacturing workers rise at the most in over a decade.
The employment cost index, a measure of wages and benefits paid by businesses, for manufacturing workers rose by 0.9 percent in the first quarter, Labor Department data released Tuesday showed. The salary and wage component rose even more–by a full percentage point.
The last time manufacturing saw quarterly wage gains that high was in 2008, when wages also rose 1.0 percent in the January through March period.
At the same time the stagnant global economy is holding back an even stronger American economy. The US has been known for the last 100 years as The Economic Engine of the World since the American Gross Domestic Product today is 25% of the world’s total wealth – US GDP is $21 trillion annually while the whole world’s annual GDP is $85 trillion.
The American economy grew at 3.2% in the first quarter 2019, which is a great number, while socialistic Europe and Japan (combined GDP of $23 trillion), with their high taxes and regulations, have had very low growth rates for decades. Tradingeconomics.com reports:
The Gross Domestic Product in (the) European Union expanded 1.50 percent in the first quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in (the) European Union averaged 1.79 percent from 1996 until 2019
That 1.79% is pathetic. These stagnant economies are currently dragging down the US economy, i.e., the US could be doing much better than 3.2% if the global economy were doing better.
So socialism is hurting the US even when it is practiced in other countries.
If the 2020 Democrat nominee is Biden, then Trump will tie Biden to Obama and the terrible Obama economy when we saw growth rates of 1.5% and even less. The president also will remind voters of $4 a gallon gasoline under Obama.
Interestingly the economy and gasoline prices are linked. The Obama economy only started to pick up around 2013 and 2014 when “fracking” for crude oil brought in huge new supplies and the price of gasoline tumbled to $2 a gallon in some places, and even lower.
This steep reduction gave American consumers hundreds of billions in disposable income that they did not need to spend on their gasoline bills. This was a big stimulus to the economy just as low gasoline and natural gas prices to this day are a significant economic stimulus.
Still it took president Trump to really get the economic ball rolling. The day after he was elected in 2016 the stock market soared and the economy started to pick up.
When the president started slashing regulations in Spring 2017 the economy did better and better. The December 2017 tax bill put the icing on the cake.
All combined president Trump has given us a much better economy that should lead to his re-election. He will simply ask: “Are you better off than you were 4 years ago?” And the answer is obvious.
Blowback on Mueller Probe Begins
President Trump’s White House counsel Emmet Flood has written a letter to attorney general William Barr questioning special counsel Robert Mueller’s report on the investigation into Trump-Russia collusion.
This letter, friends, is the beginning of a major, major blowback against the people who perpetrated the Russia hoax. This is going to develop into a major news story precisely as Trump runs for re-election in 2020. Great!
Here is the Flood letter. This should be sending shivers up the spines of Democrats and the Swamp Dwellers in Washington, DC.