Wednesday, August 01, 2018

The two wildcards of 2018


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We're within 100 days of election day, and there are a lot of predictions.  I agree with my friend Barry Casselman:
Most pundit predictions now are being made on the basis of a plethora of  contradictory and premature polls, many of which are mostly hype. Fundraising for the primary season does not yet tell us fundraising capability in a general election. Finally, and I have repeated this many times, individual candidates matter a great deal, especially in competitive contests.
I don’t think anything useful will be evident until well after Labor Day. Prior to that, it’s almost all wishful thinking.
Wishful thinking indeed and both ways!

Nevertheless, we must keep in mind that 2018 will be determined by two factors, or wild cards:

1) The first one is the U.S. economy.  So far the news is good for President Trump and the GOP.  No Democrat can take credit for the recovery that they voted against, especially those red-state Senate Democrats fighting for reelection.   Of course, the flip side is also true.  In other words, if the U.S. economy slows down or we get a bad report in October then all bets are off.  My guess is that the U.S. economy will continue to grow.

2) President Trump is the other wild card.  He demonstrated in 2016 that he will campaign for every vote, as he did in Ohio, Wisconsin, Michigan, et al.  He has shown a talent for getting large crowds and more and more Republicans are siding with him.

President Trump must be all in to save the House and spend the next 100 days literally going from here to there campaigning for GOP candidates. 

If he does, and the U.S. economy continues to do well, then there is a very good chance that President Trump will defy the experts again.  

P.S. You can listen to my show (Canto Talk) and follow me on Twitter.

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