Democrats’ hopes that the economic decline due to coronavirus would sink Trump’s reelection chances in November looks dim after a report from Obama’s top economist that predicts the “best US economic data” in its history is forthcoming; plus, more of today’s top stories in democratic election politics.
Democrats fearful after Obama’s Top Economist predicts “best economic data” in US history is coming
The former top economist for the Obama administration, Harvard professor Jason Furman, told a group of bipartisan leaders from both parties that he predicts the United States will soon see the “best economic data” in its history, Politico reported.
“We are about to see the best economic data we’ve seen in the history of this country,” Furman announced and went on to explain how the economic data gathered in the past couple of months indicated a type of recovery following an established and similar pattern that economist have seen occurring after major natural disasters.
Politico reported: “Furman’s counterintuitive pitch has caused some Democrats, especially Obama alumni, around Washington to panic.”
Democrats were hopeful, if all but convinced, that the economic devastation that the coronavirus pandemic has caused for the United States would and the chance of President Donald Trump being reelected in November.
However, Politico reported that Democrats were positively stunned by the news. Reportedly, Democratic leaders are dreading the potential boost the Trump campaign could gain from positive economic movement prior to November.
In a later interview, Furman said: “Everyone looked puzzled and thought I had misspoken.”
But according to Larry Kudlow, the head of the White House National Economic Council, who spoke to Politico, he was in total agreement with Furman’s analysis. Kudlow said he believes “Q3 may be the single best GDP quarter since regular data. Second half super big growth, transitioning to 4% or more in 2021.”
Changing political landscape in Southwest could bring Democratic control of the Senate in 4 Sunbelt states
Democrats could see a boost from four key southwestern states in November, which could lead to a clean sweep of the Senate seats, a milestone the party hasn’t reached nearly 80 years, CNN reported.
Democrats are poised to hold their own open seat in New Mexico and appear to have a strong advantage in ousting Republican Sens. Martha McSally in Arizona and Cory Gardner in Colorado. If the winds occur, it will be the first time Democrats have controlled all eight Senate seats from Arizona, Nevada, New Mexico, and Colorado since 1941.
GOP challenger to Ocasio-Cortez drops out of the primary
Scherie Murray, a Jamaican immigrant, and businesswoman, who was running as a Republican candidate challenging representative Rep. Alexandria Ocasio-Cortez (D-N.Y.), dropped out of the GOP primary on Monday.
“I am very grateful to the constituents in NY-14 and citizens from across this great nation for their support and words of encouragement,” Murray said in a statement. “As long as avowed socialists are legislators, you can rest assured I will use my platform to advocate for the kitchen table issues of the toughest, hardest working New Yorkers. This is not the end for Scherie Murray because I will continue to work hard.”