WASHINGTON, DC: In 1992, James Carville popularized the adage “It’s the economy, stupid.” If the economy is ailing, people tend to vote against the party in the White House.
That happened in the 1992 election. A recession that started in 1990 was officially over, but it didn’t seem over to millions of Americans. They sent President George H.W. Bush into retirement. The question now is whether something similar will happen in 2016.
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