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by seanmcdirmid 530 days ago
The factor was calling the economy a bad economy, they are already backtracking on promises since the economy is doing pretty well already and they won’t be able to juice it much more.

Anyone who thinks 49.9% of the vote (vs 48.4%) is a landslide will quickly find them in negative approval ratings if they think that gives them much political capital (if trump focuses and spending rather than earning capital, that is, which he definitely will).

2 comments

I think the problems with the economy (consolidation, corporate/private equity power, general inequality) are too big for any administration to fix even assuming they would want to. But yeah GDP and unemployment rate are fairly misleading metrics.
The biggest problem is inequality, but Trump is the last person in the world who would address that, so the metrics he has focused: pricing, stock markets, unemployment, are going to be very hard to move up (and retire easy to move down). It’s going to be hard next four years unless he somehow doesn’t do what he says he is going to do.
Politics is about rhetoric, not reality.

Recall that GWB declared a mandate (to reverse all progressive social programs since the New Deal) when he squeaked out a victory over Kerry.

Ya, but then hurricane Katrina happened and he flubbed it.