It was back in 1992 a president in office lost in re-election and it was George H.W Bush. The major reason was because of the “economy stupid” campaign program that made go down. Moreover, there was an approx 7.5% who were jobless.
The same scenario has occurred after decades now at the time of spring and as per the “The Labor Department,” about 14.7% with 20 million jobs have been sacked in April. So, Administration economists tell that the U.S may fall up to 40% annually in the 2nd quarter.
These confounding measures of economic fall may be a threat to Donald Trump’s presidency as Bush who lost to Bill Clinton. But yet they highlight the rising feud that the president encounters and shows his drastic move from the pandemic suppression to economic re-opening.
As per political aspects, it has faced a huge collapse after 1992 as states like California and New Jersey are still in the red alerts.
The citizens ignored the Bush administration even after the recession had recovered. As Bush had only 37% votes at his re-elections and sources close to him said that: “It didn’t matter what Bush said,” and As soon as you put Bush and economy in the same sentence, people just tuned out.”
Though the pandemic scenario has not affected Trump’s office, it’s up to the voters who will decide based on his handling measures during a disaster.
Besides, Trump has been handling last Friday’s Depression on the unemployment rates and he remembered the strong economy which was there prior to this situation.
Speaking on it he said: “Even the Democrats aren’t blaming me for that,” and this assures White House a ray of hope that Trump’s supporters will give him an opportunity to stand against the ex-Vice President Joe Biden.