Obama thinks he hasn’t gotten credit for a growing economy. He’s right.

… I’ve previously noted that, despite the prevailing narrative about “voter anger,” consumer sentiment is actually quite favorable — comparable to what it was in 1983, when it seems obvious that an incumbent party could run successfully on a record of economic growth. But here’s the problem for Obama: Unlike […] Read more »

Progressives Win on Economy vs. Trump-Nationalist Agenda

The Reagan Era produced a Republican Party trusted on the economy and left conservatives hegemonic on economic ideas and policy – small government, top-rate tax cuts, and deregulation to power growth. Even after trickle-down policies nearly destroyed the economy, this conservative hegemony was left unchallenged by President Obama who made […] Read more »

U.S. Decline Is Campaign Hype, Not Reality

As in any U.S. national election without an incumbent president, the candidates are painting a not very pretty picture: The country is “going to hell,” bluntly asserts the Republican front-runner Donald Trump. … Certainly, problems abound. The recovery from the 2008-09 recession has been uneven and is characterized by widening […] Read more »