Unhappy with the Obama economy, voters are buying what Trump is selling

Unhappy with the Obama economy, voters are buying what Trump is selling
Image: HuffPo video screen grab

Obama has unarguably overseen a remarkable turnaround in the jobs market. The unemployment rate is now half the 10% peak it hit at the height of the recession. The president defended his economic legacy last week in a 6,000 word feature in the New York Times. Americans would “be much worse off had we not taken the steps that we took”, he said.

But with paychecks remaining disappointingly small and layoffs reaching a seven-year high, many have subscribed to Trump’s narrative instead the one presented by Obama’s administration. It’s a horror story about an American economy in terminal decline, its workers sold down the river to China and Mexico.

“People don’t really want to hear that it could have been worse. Sometimes such statements anger people and make the president seem out of touch. It doesn’t resonate because they can’t observe that alternative outcome,” explained Lawrence Mishel, president at the left-leaning Economic Policy Institute. “It’s progress in their weekly paychecks that resonates.”

Continue reading →

Commenting Policy

We have no tolerance for comments containing violence, racism, vulgarity, profanity, all caps, or discourteous behavior. Thank you for partnering with us to maintain a courteous and useful public environment where we can engage in reasonable discourse.

You may use HTML in your comments. Feel free to review the full list of allowed HTML here.