The White House might not do many press briefings or conferences, but the one thing they love to talk about is the economy. Less than a month ago:
A White House number cruncher armed with charts and piles of data appeared before reporters to tell the tale of a gangbuster economy and credit the sitting president's policies.
Kevin Hassett, the cheery chairman of the Council of Economic Advisers, had quite a story to tell after being asked by White House press secretary Sarah Sanders to explain "America's economic winning streak." He reached beyond standard growth and jobs numbers to invoke a roaring Trump boom, enthusing over capital investment, business optimism, capital goods shipments and the purchasing managers index.
But Trump and the GOP may be on the bleeding edge of losing their claim, to credit for the economic conditions set up by Democrats. They may have to face the blame, for the economic conditions that their own actions have produced.
According to CNBC, today the technology sector had its worst day in seven years and the DOW Industrials the worst in 8 months, describing an October rout on Wall Street.
Republicans all over the country are campaigning on a strong economy, as if they weren’t the worst enemy of Americans’ financial well-being. An October rout on Wall Street can seriously undermine them with only weeks to go and early voting starting soon for the Midterms.