… The economy invariably becomes a political target when there is no White House incumbent running for re-election. The opposition party has to talk about how bad things are and its ideas for change. The incumbent party, in this case the Democrats, must be more nuanced, striving to avoid getting tarred as defenders of the status quo.
Yet, the U.S. is one of the bright spots in an unsettled global economy. CONT.
Albert R. Hunt, Bloomberg View