Friday, February 07, 2020

Note to Dems: The Economy is Doing Great

As the Democratic candidates get ready for tonight's debate, let me offer some advice: They should refrain from their tendency to disparage the current state of the economy. As the graphs below show, the employment-population ratio for prime-age workers is at its highest level in about 20 years. Real wages for production and nonsupervisory workers (that is, excluding the more highly paid bosses) are at an all-time high. There are plenty of good reasons to remove Donald Trump from office, but a poor economy is not one of them.

Click on graphic to enlarge.