Yes it does. The rising tide is lifting ALL boats.
http://thefederalist.com/2018/05/25/making-sense-of-trumps-capitalist-comeback/
In retrospect, there’s a really obvious reason Hillary Clinton lost the 2016 election. Everyone was so focused on the drama surrounding two larger-than-life candidates that no one paid enough attention to what was once considered maybe the most fundamental indicator of success in presidential elections. As Clinton’s own adviser James Carville memorably put it: It’s the economy, stupid.
Obama was the first postwar president to never have a single year of gross domestic product growth topping 3 percent. While Obama did inherit a bad recession, after eight years and thousands of questionable economic policies and regulations — including blowing through a trillion dollars of taxpayer money dedicated to “economic stimulus” — the former president has no one but himself to blame that the expected economic rebound after the 2008 housing market crash was alarmingly anemic.
Hillary Clinton was the representative of the incumbent party in the White House, and not only did she not promise a radically different economic vision, she largely vowed to continue Obama’s legacy. Analysts were also so busy deriding Trump’s message as demagogic and simplistic, they rarely noticed he was relentlessly on-message about the economy.
http://thefederalist.com/2018/05/25/making-sense-of-trumps-capitalist-comeback/
In retrospect, there’s a really obvious reason Hillary Clinton lost the 2016 election. Everyone was so focused on the drama surrounding two larger-than-life candidates that no one paid enough attention to what was once considered maybe the most fundamental indicator of success in presidential elections. As Clinton’s own adviser James Carville memorably put it: It’s the economy, stupid.
Obama was the first postwar president to never have a single year of gross domestic product growth topping 3 percent. While Obama did inherit a bad recession, after eight years and thousands of questionable economic policies and regulations — including blowing through a trillion dollars of taxpayer money dedicated to “economic stimulus” — the former president has no one but himself to blame that the expected economic rebound after the 2008 housing market crash was alarmingly anemic.
Hillary Clinton was the representative of the incumbent party in the White House, and not only did she not promise a radically different economic vision, she largely vowed to continue Obama’s legacy. Analysts were also so busy deriding Trump’s message as demagogic and simplistic, they rarely noticed he was relentlessly on-message about the economy.
