Could the economy rescue Trump in the midterms?
The Trump economy has defied all sceptics and naysayers. Unemployment is at half-century record lows, wages are up, and Wall Street opened November by bouncing back from a rocky October. Trump was supposed to be a reckless leader who would panic the markets. He hasn’t. His tariffs were supposed to torpedo the economy. They haven’t. If Americans vote on jobs, wages, and the business climate come Tuesday, Republicans will keep the House of Representatives and expand their Senate majority. But do voters ever think of midterm elections as a referendum on the economy? Conventional wisdom says no, but the reality is more complicated.