Washington Examiner columnist Joe Concha said President Donald Trump’s “historic run” in the economy and the stock market is creating trouble for Democrats.
“If everything could be straightened out with Iran, they get a true agreement, Strait of Hormuz open, gas prices go down, Democrats have nothing to run on,” Concha said on Fox Business’s The Evening Edit on Friday.
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Concha praised economic wins under the Trump Administration, like job market growth and low unemployment rates, which were detailed in the May jobs report released Friday.
Trump spoke at the American Agriculture Roundtable in Wisconsin on Friday, where he said the job numbers “smashed all expectations” and they are “the strongest job numbers of the entire admin so far, and that’s during this conflict on top of it.”
The war in Iran is driving up gas and oil prices in the United States. Trump has said that a deal will be coming soon.
“Frankly, I thought it would go much higher than it did,” Trump said about gas prices. The average price of gas on Friday dropped 17 cents from the previous week.
Concha argued that the job numbers and economic boom are going to make it hard for Democrats to go up against Republicans in the midterm elections.
“If gas prices come down, I think that’s the whole key,” Concha said, highlighting that gas prices would be the last thing to give Republicans an advantage over Democrats in the midterm elections.
“Border security, they certainly can’t run on that. Men playing against women in sports, they can’t run against that. Foreign policy, they can’t make this country safer, they can’t run on that. And then obviously the economy. So, if they don’t have any answers there, they’re not taking back the House, they’re not taking back the Senate. As somebody once said, ‘It’s the economy, stupid.’”
The phrase “It’s the economy, stupid,” is a famous political slogan from former President Bill Clinton’s presidential run. It was coined by James Carville, one of Clinton’s lead strategists.
TRUMP’S APPROVAL RATING HITS ALL-TIME LOW AS IRAN WAR SQUEEZES ECONOMY
Concha also criticized the Biden administration over its jobs report, saying that their number one gross sector was in government, instead of something like manufacturing jobs
“That’s not how you grow an economy,” Concha said.
