Democrats have worked hard to get Trumps funds built to record levels. They should be congratulated.
Democrats are beginning to worry about President Trump’s 2020 war chest, which is larger than any other sitting president in history at this point in the campaign.
Some strategists believe the eventual Democratic nominee will not be able to compete against the Trump campaign’s and Republican National Committee’s joint fundraising, which combined have $158 million on hand, according to Politico.
Trump’s reelection effort has raised about twice as much as former President Barack Obama’s reelection campaign had at this point in the race.
“The resources [Trump] has will be put to work anywhere and everywhere that he feels like he can scare up electoral votes, and Democrats will never catch up. It’s just too much money,” Texas-based Democratic strategist Chris Lippincott said. “That’s real trouble … I’m not here to curse the dark, but it’s dark.”
The Trump campaign effort is currently outspending the lone Democratic PAC messaging against him by a 10-to-1 margin. Trump’s 2020 coalition has spent roughly $23 million so far on advertising.
Trump's historic lead on 2020 fundraising is starting to rattle Democrats
Clinton got lucky with the dot.com bubble and got out just before the crash. Obama' economy sucked. It would have improved faster if he had done nothing.s
No amount of money is going to change the fact that more people are going to show up to vote this asshole out of office.
What possible advertisement can Trump run to change things? Or that will get people to forget what an embarrassment he has been for 3 years. It's cringeworthy.
Your feeling arent going to get trump out of office. Economy great, trump reelected.
Economy was great when Clinton was President and that didn't help Gore. Obama's economy was good too that didn't help Hillary.
Reality Check verdict: It's true the economy has been doing well - but there have been periods when it was even stronger.
And the trade war with China, rising tensions in the Middle East and fears over the health of the global economy have unsettled markets recently, and led the US central bank, the Federal Reserve, to lower interest rates.
The economy was GREAT for a year after Trump's tax breaks. That era is over. Now the numbers show Trump is doing no better than Obama did.
For 2019, the data shows a 3.1% growth for the first quarter, but this
slowed to 2.1% in the second quarter (which ended in June).
This is significantly less than the 5.5% achieved in the second quarter of 2014 during the Obama presidency.
It's true the Dow reached record highs under his administration. Mr Trump's supporters argue that his corporation tax cuts along with his US-focused policies, his clampdown on bureaucracy and his promises of infrastructure investment have all helped.
However, in recent months, the index has been highly volatile,
reflecting worries about the trade confrontation with China, and a gloomier outlook for the global economy.
Jobs and wages
So, what's happening with employment and wages?
unemployment levels had been decreasing throughout the Obama years, after peaking around the time of the 2009 recession.
President Trump also told the UN that "wages are rising, incomes are soaring."
That's not the whole story.
Average hourly earnings growth did continue throughout 2018 - a generally upward trend which began during President Obama's administration.
It reached 3.4% in February this year, but then began slowing and is now at 3.23%.
In real terms after inflation is taken into account, wages increased by 1.5% between August 2018 and August 2019, according to official data.
Household income has also been growing - but the rate of increase slowed in the last few years.
In 2018, median household income was $63,179, which official data says is not statistically different from the previous year.
Most middle class Americans/Voters aren't feeling like Trump has changed anything economically for them. Just a continuation from the Obama years. Obama handed Trump a great economy.
This was reported to be
the first year it had barely moved after three years of growth.
So wages were going up every year under Obama and suddenly last year wages stopped growing. But you have enough facts from 2017 that you will claim victory even though in 2020 that will be 3 years ago.