Tom Steyer apparently thought he had a good line at the Democratic presidential debate on Friday when, with great flourish, he reminded his rivals that former president Bill Clinton campaigned successfully by remembering, “It’s the economy, stupid!”
Steyer was right, and that’s why President Trump is on course for reelection.
Steyer correctly said that Trump routinely touts the robust economic growth seen in his first term and that it’s proving an effective line with voters. But Steyer left the reservation when he said Democrats would only be successful in November if they “beat” Trump on that issue.
He didn’t say how he or any one of them could do that, and that’s because none of them have an answer for it.
It’s very difficult to argue with unemployment that, as of Friday, continues to rest under 4% and with a stock market that grows along nicely despite an attempt to unseat a sitting president.
There are other keys to Trump’s success in office, but the current economy is by far the biggest.
Steyer is right. It’s the economy, stupid. But Democrats know that it’s not an issue looking so good for them right now.
