When Bad New Is Good News

The Los Angeles Times, no friend of Republicans, reports the poor economy is worrying Democrats.

The state of the economy is a major issue in every presidential election. As Yale economist Ray Fair has documented, people really do vote their pocketbooks: Below-trend GDP growth, rising unemployment or increasing inflation almost always dooms the incumbent party.

That reality has Democrats more scared than Hillary Clinton’s emails or her dismal likeability and trust ratings.

Simply put, the current “recovery” is the weakest on record. GDP growth has been below the long-term trend of 3.1% in all but seven of the last 30 quarters. Fair’s statistical model of election outcomes predicts a Republican victory on that basis alone.

Three cheers for Professor Fair. Hat tip to Lucianne.com for the link.