False Gloom and Doom of the 1992 Elections - and the Midterms

... In 1992, Bill Clinton won the presidential election partly on the basis of his campaign’s false accusation that George H. W. Bush had overseen “the worst economic performance since the Great Depression.”...

... the anemic Bush reelection campaign never refuted the Clinton-Gore economic hysteria...

... Democrats’ successful 1992 demagoguery should remind Republicans that the perception of the economy peddled by campaign rhetoric can often decide elections more than the reality does...

Take the just-released 2025 poverty rate. It hit an all-time low of 10.2 percent...

Median household income also hit a record high of $87,460. That is the highest median household income in the world...

The same holds true for our GDP per capita - which, incidentally, was already over $34,000 higher than in Canada...

... the Atlanta Federal Reserve now predicts that third-quarter GDP growth will finish at a blistering 5 percent. The Dow and the S&P have grown by a strong 8.1 percent and a staggering 13.5 percent, respectively, in 2026...

If the Republicans broadcast this positive news about the economy, it will in turn complement Trump’s unambiguous foreign policy successes, which are largely underappreciated, if not unknown, among the public.

But they remain impressive: the rebooting of NATO by getting its members to rearm and take up their fair share of collective defense; the acquisition of new treaties ensuring an American military presence in the Greenland to monitor the contested Arctic; the radical transformation of much of the Western Hemisphere from leftist and anti-American nations into pro-American, tough-on-crime, free-market countries; the expulsion of the Chinese bad actors from the Panama Canal and the extradition of the anti-American communist Maduro from Venezuela; the restoration of Pentagon recruitment; and the change in Pentagon procurement to emphasize quantity of weaponry along with quality...

So much is at stake...