(The American Government is NOT a business and Trump has a lousy business history in reality)
The American economy has record unemployment and business and real estate problems that may get worst….
It is an enduring political question amid a pandemic recession, double-digit unemployment and a recovery that appears to be slowing: Why does President Trump continue to get higher marks on economic issues in polls than his predecessors Barack Obama, George W. Bush and George H.W. Bush enjoyed when they stood for re-election?
Mr. Trump’s relative strength on the economy, and whether Joseph R. Biden Jr. can cut into it over the next 10 weeks, are among the crucial dynamics in battleground states in the Midwest and the Sun Belt that are expected to decide the election. Many of these states have struggled this summer with rising coronavirus infection and death rates as well as job losses and vanishing wages and savings — hard times that, history suggests, will pose a threat to an incumbent president seeking re-election.
Yet polling data and interviews with voters and political analysts suggest that a confluence of factors are raising Mr. Trump’s standing on the economy issue, which remains a centerpiece of his pitch for a second term and is expected to be a major theme of the Republican National Convention this week.
The president has built an enduring brand with conservative voters, in particular, who continue to see him as a successful businessman and tough negotiator. Many of those voters praise his economic stewardship before the pandemic hit, and they do not blame him for the damage it has caused. In interviews, some of those voters cited record stock market gains — although only about half of Americans own any stock at all — as evidence of a rebound under the president.
“He’s had failures — so have I — in business,” said Dale Georgeff, 58, of Cedarburg, Wis., a Trump supporter who owns parts of a brewery and a vehicle paint shop and also sells insurance. “But I think the biggest thing is that — and I think this is how it rubs certain people the wrong way — he’s treating this like a business, and he’s running it like a business.”….