Here’s why Trump is right — a recession would likely doom his re-election

Here’s why Trump is right — a recession would likely doom his re-election
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President Donald Trump is worried that there will be a recession before the 2020 election. For once, he is right about something. “The Economy is strong and good, whereas the rest of the world is not doing so well. Despite this the Fake News Media, together with their Partner, the Democrat Party, are working overtime to convince people that we are in, or will soon be going into, a Recession,” Trump tweeted on Friday in a clear attempt to assuage concerns . “They are willing to lose their wealth, or a big part of it, just for the possibility of winning the Election. But it won’t work because I always find a way to win, especially for the people!” It is an axiom of presidential politics that the incumbent party does well during periods of prosperity and suffers when the economy hits a downturn. Thanks to Trump’s trade war and tax policies , America is almost certainly headed toward an economic recession. But, unless Democrats are smart about their PR messaging, it may not happen in time to hurt Trump’s political fortunes. To illustrate this point, take a look at the two most severe economic crashes in recent American history. When the stock market crashed in October 1929, thereby triggering the Great Depression, it hurt the incumbent Republican Party and President Herbert Hoover and enabled the election of his Democratic opponent, Franklin Roosevelt, in 1932. Yet if that recession had happened roughly one year earlier — when another Republican, […]

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