The president will try to take economic performance that’s average and make it sound like a miracle.
President Donald Trump will use his State of the Union address Tuesday night to pull out the strongest card in his reelection deck: a U.S. economy that continues to chug along despite impeachment, trade wars and the most bombastic, polarizing president in modern American history.
Still, Trump is expected to boast of a “great American comeback” on Tuesday night, a clear shift in rhetoric from the “American carnage” he spoke of in his dark inaugural speech in 2017. In other words, Trump will try to take economic performance that’s average and make it sound like a miracle — while trying to spook voters into thinking a change of course will bring it all crashing down.
But the deal is more a slight reordering than a full-scale rewrite. And many of the changes were included in the Trans-Pacific Partnership that Obama negotiated and which included Mexico and Canada as well as multiple Pacific-rim nations. But the three-month average is now below 200,000, with some economists expecting further deceleration this year as the labor market tightens, businesses continue to hold back on new investments, global growth slows and virus worries rise.“The president will lay out a vision of relentless optimism,” a senior administration official said in a briefing for reporters on the speech.
Still, despite numbers suggesting the Trump economy is mostly an extension of Obama’s — with an added burst in 2018 after the tax cut — the president may find a receptive audience to his pitch on Tuesday night. Polls indicate the economy remains by far his strongest issue and the one most likely to drive him to a second term despite an approval rating that hovers in the low 40s.
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