
The Labor Department’s February jobs report confirms the positive picture painted by Powell with wage growth beating expectations at 3.1 percent, the 18th consecutive month of wage increases 3 percent or higher. As the president pointed out in the State of the Union, African American, Hispanic, and Asian unemployment continues at historic lows, while women’s unemployment is the lowest in 70 years. And it’s women who have filled 72 percent of all new jobs added.
By the time this column is published, New Hampshire will be over. But regardless of who wins the Granite State, or the nomination for that matter, every Democratic candidate has already embraced and is now saddled with an economic message that contradicts the general view of a majority of the electorate. That doesn’t mean the fall election is a done deal, far from it. Nor does it mean there isn’t more work to do to keep improving the economy, increase wages and free more people from the cycle of living pay to paycheck.
Democrats have adopted a negative strategy that appeals to their base while a majority of voters are seeing a stronger economy that is becoming more broad-based — and one they believe is likely to continue for the next year. Polls also show voters don’t believe they will personally benefit from what seems to be the central focus of Democratic economic policy: raising taxes on the wealthy.
The Democrats’ approach certainly helps to create opportunities for Republicans this fall.
David Winston is the president of The Winston Group and a longtime adviser to congressional Republicans. He previously served as the director of planning for Speaker Newt Gingrich. He advises Fortune 100 companies, foundations, and nonprofit organizations on strategic planning and public policy issues, and is an election analyst for CBS News.
2020-02-12 11:04:36Z
https://www.rollcall.com/2020/02/12/democrats-remain-in-denial-over-the-trump-economy/
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