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Bibi’s Last Stand?
The consummate political survivor faces his toughest challenge yet. Is it a referendum on his Covid-19 response?
Covid-19: It changed the future, and not just in America.
When American actress and Democrat Party activist Jane Fonda called Covid-19, “God’s gift to the left,” she wasn’t just being unacceptably flippant about a deadly pandemic which has cost so many lives and livelihoods.
Fact is, Trump’s handling of the pandemic, and the unprecedented economic shut-downs it presaged, obviously didn’t do him any favors in his unsuccessful bid for reelection.
Prior to Covid-19, however, the U.S. economy was clipping along at a lively pace. Had it stayed strong, odds were good for the reelection of an incumbent president.
American businesses were on a hiring frenzy; consumer confidence was high and getting higher. Most major demographic groups, including women, minorities, and people with disabilities, were seeing historic lows in unemployment.
Even better, wage gains were up. Family income was up for the first time in a very long time. IRAs and 401Ks were looking robust again. Trump’s tax cuts, though much maligned on the left, were admitted by no less authority than the New York Times, however grudgingly, to have benefited low-income earners most.