I spoke with Claire Williams of Morning Consult about President Trump’s recent floating of a middle class tax cut and the political impact of TCJA (or lack thereof):
And Trump’s bid to capitalize on the strong market performance could have a downside. A market rout on Wednesday sent the Dow Jones Industrial Average tumbling more than 600 points and the Nasdaq down 4.4 percent, although most major market indicators largely recovered a day later. Despite any volatility in the market, GOP strategists hope voters will take a longer-term view of the economy.
“Big picture over the past two years, the job market is doing very well,” said Liam Donovan, a Republican strategist and lobbyist. “We’ll see if there’s a blip. What’s on the front pages in the next few weeks could matter on the margins.”
Read the entire piece here.