Here's why the 2020 election-year economy is shaping up perfectly for Trump - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 66 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Here's why the 2020 election-year economy is shaping up perfectly for Trump

toward the center of his re-election pitch — and key economic datapoints on the surface couldn't be better for him.saw 225,000 payrolls added in January, a better-than-expected showing than economists forecasted and underscoring an economic expansion now in its 11th year.

The emerging portrait of the "Trump economy" leads to three indicators the president is likely to campaign on in 2020:A 3% annual increase in wages over the past year. And Americans' views on the economy are more positive now than they have been in decades. A Gallup poll released on Tuesday found the president had received the highest economic approval rating of any president inDouglas Holtz-Eakin, the president of the conservative American Action Forum and a former senior economist in the George W. Bush administration, said those figures represent a boon for Trump's re-election odds.

"The economy is a clear asset for him," Holtz-Eakin told Business Insider, noting strong job growth and a bump in wages are elements in the president's campaign pitch that he believed would resonate among voters.in The New York Times that Trump is benefiting from "the strongest tailwind of any incumbent running for re-election since 1900."

The recent positive economic news could also make people less likely to support a progressive like Sen. Bernie Sanders, Holtz-Eakin said, as voters in swing states would be more likely to stick with Trump instead of supporting a Democratic presidential candidate vowing to push through sweeping reforms and rock the boat.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Media and WH stop lying Economy. Carter grown by 5% in 1976, and it continued to grow at a similar pace during 1977 and 1978.Trump’s Economic Growth Is Slower Jimmy Carter and Than Obama’s Last 3 Years

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

What's the Business Case for a Fashion Show in 2020?More brands are opting out of the traditional runway format, citing time, cost or just a desire for something different. So why are some designers still sticking with it?
Source: Fashionista_com - 🏆 474. / 51 Read more »