The U.S. Commerce Department reported on July 27,2018, that the U.S. gross domestic product grew at 4.1% in the second quarter of 2018. President Trump hailed the data as proof that his economic policies were working.
The 4.1% GDP growth rate is extremely good news for republican candidates seeking election in 2018. This growth rate is the best in over a decade. President Trump declared: ” We are the economic envy of the entire world. ”
This new economic data helps republican candidates seeking election in the 2018 Congressional elections. Historical records indicate that the party out of power, the Democrat party, has gained congressional seats in Mid-Term elections like 2018. However, the party not in power has lost seats in Mid-Term elections when the party in power has powerful economic growth like the 2018 results.
R. Van Conoley