Booming Economy May Be Little Felt as Voters Decide

8/19/18
 
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from The New York Times,
8/17/18:

Republicans say the economy will help them in November. Democrats say it won’t. New data says the full story is more complicated.

Republicans are telling you that tax cuts and roaring economic growth are going to stop any “blue wave” in the midterm elections. Democrats say the lack of wage growth, even as corporate profits surge, will impel voters to change leadership in Congress.

It’s not that simple.

A new survey of nearly 10,000 American adults shows that the strong economy is rallying Republicans and maybe swaying some independents. But many voters still aren’t feeling the benefits of robust growth, and the tax overhaul passed last year looks as likely to hurt Republicans at the polls as help them.

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