Tuesday, November 5, 2019

What really counts in 2020: Are you better off since Trump became president

 This Financial Times poll likely is the most important one to watch during the 2020 election cycle. Ronald Reagan's famous: "are you better off today than...." is extremely important. Trump will try to convince voters they are better off and scare voters to thinking they would be worse off under the Democratic candidate, but with only a roughly 1/3 of voters believing they are better off since Trump took office, the GOP is starting with a handicap. The impact of the impeachment action is yet to be seen and may not, in the long run, but it could the determining factors, contributing to the disgust and character turnoffs of Trump.  The Senate trial began with those wanting Trump removed at 51%. in national public polls. The key is in 6 battleground states which is what counts in the electoral college. One advantage in getting impeachment out of the way before 2020 begins in earnest is for Democrats to go for the President's weakness: he wants to make those in the battleground states worse off by repealing affordable healthcare insurance for the lower middle class, tie them and their children to the millstone of student debt, note the Trump administration is wedded to big pharmaceuticals' high costs and removing coverage of pre-existing conditions. They should take a page from their 2018 win and go about showing suburban women how Trump is not in their court, including supreme court choices who want to turn back the clock to a time before Roe v Wade.  Pocketbook issues that count can be added to the "disgust" factor" with Trump's character in a way that may offset his followers devoted to his anti-immigrant and racist stance in the exact swing states he must win in order to win in the electoral college. Remember: national polls are a mirage. Democrats usually win those, but only what counts will be the electoral college vote based on individual states.

From the Hill posting: "The Financial Times-Peterson poll released in November found that almost two-thirds of Americans said their finances haven’t gotten better since Trump has taken office.
"Thirty-one percent of respondents in the new poll said their finances have gotten worse since Trump won the White House, while 33 percent said their finances haven’t gotten better or worse in the same time frame.
"Just over one-third, 35 percent, of respondents did say they have seen a positive change in their finances since Trump took office.
"Of those who said their financial situation has worsened since Trump took office, 36 percent said their wages are to blame, while 19 percent blamed their personal or family debts."
The poll also showed an even split amongst likely voters over whether Trump’s policies help or hurt the U.S. economy. Forty-five percent of those polled said they believe Trump's policies have improved the economy, while another 45 percent said they’ve worsened the economy." https://thehill.com/homenews/administration/468802-majority-says-they-are-not-better-off-under-trump-poll
That is an interesting contradiction.  Even some of those who do not see they are better off or are worse off under Trump still think Trump's policies have improved the economy.  Politicians who think that voters are only interested in their own financial situation will vote on behalf of their own self-centered interest may overlook the optimism of hope, that others are benefitting and they may too, sometime.  That is the value of full employment, some income security even if they get laid off.  The downside to that is that they may have to take a cut in wages or income and they know that even wages are beginning to increase and minimum wage laws are gaining popularity.  What that may mean for Democrats is that their candidate should not threaten economic trends that they like, and still make their economic lives better.

 While the progressive left talks about how they would make their lives better, the cost of their proposals and shaking root and branch of the economic system with increasing debt, there is an uneasiness within those with hope and feeling positive about their gains will be threatened.  They want both: the gains and the betterment.  That may explain why Biden and Bloomberg are showing polling strength, Warren has faded, and Sanders appears peaked with a set number of dedicated supporters. It is a balancing act and many know it. They are asking themselves do they want to take risks or be cautious.

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Obama warning: do not go too far left
https://www.yahoo.com/news/too-far-left-candidates-dont-165007808.html
https://www.theatlantic.com/ideas/archive/2019/10/why-donald-trumps-economic-dream-crumbled/601153/?fbclid=IwAR3f7LNdzag1ecMEe5xl9l4seyCYMM-41KZQxKyZltTOamlcbTL9N5yvC3gThe U.S. manufacturing sector is practically in a recession. The ISM index, a key measure of that industry’s health, registered its lowest number in 10 years. Real exports of goods and services have declined in the past year, after peaking in 2018. Mining jobs have declined in the past 12 months, too. Finally, hovering in the background behind declining investment, sputtering manufacturing, and wilting exports is the trade war with China, which has proved neither “good” nor “easy” for American 


businesses.

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