The August jobs report is out and according to CNBC the results continue very strong. Presuming no big downturns between now and early November, we’ll get a good test of the hypothesis that a booming economy means incumbents are reelected.
With a President who does unconventional things, as this one does, we are learning new things and overturning conventional wisdom concerning what works for the economy. Democrats are worried about the robust job market and booming economy, they’d like it to suck for several pre-election months.
