Over the weekend, I heard several people on the news mention the Economy, both in a local context and a national context. I live/work in the fastest growing area of the state, and in the county. The demand for housing is off the charts as the supply is building as fast as they possibly can, but still can't keep up with current demand. However, one PBS reporter had made the comment that based on key indicators, things might not be good this year and we could even see issues as soon as this fall, which would have serious implications on the elections. They noted that if the economy does decline, it will hurt the chances of the democrats to retain the house or gain control of the senate.
Based on several articles, including this one, interest rates will continue to clime, which is not it's self a bad thing, but when you combine it with the costs of food and energy, and a decrease in spending, it is recipe for disaster. It is almost as if people are preparing of the economic storm ahead.
Wait... who cares what Cardi B has to say on the Economy?
Maybe the famous rapper will tune into the big GDP announcement on the second quarter that will tell us whether a recession is officially under way.
fortune.com
But the more important question as it pertains to this conversation, is this:
How much does the economy play into who you choose to vote for? Do you believe that most people will think the same way about this topic as you do? Do you believe that either of the parties actually have the ability or desire to really make a positive long term impact on the economy?