Are Voters Better Off Now Than 2 Years Ago?

Going into any election, the basic question that everyone – politicians and voters – is not what will or could be, but what is.

What is most important to most of the American people is working and providing for their families.

Putting a roof over their head, clothes on their backs and food on the table is the most important thing to most Americans.

Every Republican running for election or re-election next week, should be asking all of their constituents if they are better off now than they were 2 years and then have them base their votes on the answer to that question.

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Investor’s Business DailyMidterm Elections: President Reagan won a landslide election in 1980 when he asked voters a simple question: “Are you better off than you were four years ago?” Voters knew they weren’t. Midterm voters should be asking themselves that same question now, before casting their ballots next Tuesday. Only this time, the answer is yes.

The latest evidence: The Labor Department reported this week that private sector wages and salaries rose 3.1% in the third quarter of this year, compared with last year. Total compensation, which includes things like health benefits, climbed 2.9%. Both growth rates are significantly faster than two years ago.

This was just the latest spate of good economic news. But there is plenty more. In fact, by almost any measure, the country is much better off than it was in November 2016.

Here’s a rundown:

GDP Growth

In the first three quarters of 2016, quarterly GDP growth was an anemic 1.5%, 2.3% and 1.9%. This year, quarterly GDP growth has been a far more robust 2.2%, 4.2% and 3.5%…

If Republicans were smart, and few of them seem to be smart, they would have made their campaigns all about jobs and the economy.

If they pointed out that after 8 years of Obama, blacks, Hispanics and women were worse off than they are now.

They could win a large percentage of the black, Hispanic and female vote by showing how all three of these groups are experiencing record low unemployment and that if Democrats regain control, they can kiss it all goodbye.

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