Economic Improvement Connects to Conservative Policy

America’s working class was a tremendous focus of the 2016 presidential election. Hillary Clinton took for granted voters in the Rust Belt in particular and chose to focus on bicoastal population centers, in keeping with the Democrat Party’s clear and continued leftist direction. Meanwhile, Donald J. Trump’s populist sloganeering stuck. His promises to “Make America Great Again” and to put “America First” not only resonated but created a firm foundation of an intense voter base.

Why?

From 2007 through 2016, the working class was dramatically impacted through a recession that began as a subprime mortgage crisis caused by Democrat policies, with home values tumbling 28% — a drop not seen since the Great Depression of 1929. The widespread foreclosures and the tremendous impact to lending institutions due to bad debt began sinking those whose biggest investment was their home. And, as we all remember, the beginning of massive government spending kicked in with Barack Obama’s “stimulus” of almost $1 trillion and bailouts to rescue companies.

And who bailed out the working class? What “stimulus” made its way into the family budgets of middle America, not just financiers and investment institutions? The unemployment rate spiked to 10% in October 2010 due to six million jobs being eliminated in the previous 12 months, testifying to the fact that the middle class was hurt disproportionately in the recession of 2007-2008.

According to a recent Wall Street Journal (WSJ) review of newly published Census data, real median household income dropped during the Obama presidency with an increase in measurable poverty.

More