
Tom Basile of Newsmax and Podcaster Chuck Todd on the Economy Deciding Midterms (VIDEO)


Tom Basile of the Newsmax show “America Right Now” talked with podcaster Chuck Todd about the economy being one of the major issues determining the midterm elections.
Chuck Todd, as you recall, is the far left activist who was the 12th moderator of NBC’s Meet the Press.
Chuck is a committed leftist.
Today Chuck Todd has a podcast and went on with Newsmax this week.
“Inflation down again. Jobs numbers are up. Gas prices are down. The border is under control. A hundred billion dollars in tax relief on the way to Americans when they file between now and April,” Basile said.
“The data shows Republicans could be in trouble. If it is the economy stupid, at this point in the game, why does that not seem to be quite resonating for them?” Basile asked.
Todd explained that even when the economy is improving, a deciding factor on how people vote is whether or not they see a difference in their own situation. Do they have more money in their bank account? Are higher costs depleting their funds?
“I don’t think people feel it yet, right. Look these numbers, in some ways, right, the inflation numbers are just coming down. Let’s see what the tax refund situation is right? Meaning, do people have extra money, or does that money get eaten up right, by electric bills and higher costs and healthcare, etc,” Todd explained.
Todd also explained that it also depends on whether voters are focused on how the economy is in real time, or how the economy is based on a “lagging indicator.”
“One thing we do know historically when it comes to trying to judge what economy do voters vote on in November. Do they vote on the economy that is taking place in that moment, or do they vote on what they feel like the economy is, which usually is about a 4 to 6 month lagging indicator,” Todd continued.
Todd also used the example of the 1992 Presidential Campaign and how the economy, although recovering, went in favor of Bill Clinton because the recovery wasn’t felt right away by the average American.
“Back in the 1992 campaign, Bill Clinton won. The economy was the reason. It was a recovering economy. The public didn’t feel it until after the election,” Todd said.
“So, timing is everything,” Todd continued.
“What do people feel like, think this economy is like on Memorial Day, and that will tell me whether Republicans have a boxer’s chance here to sort of push back on history,” Todd continued.
“Cause history indicates. It’s history, right?” Todd said.
“I was just gonna say 1992. Because the recession ended in March, but they were still talking about the economy. People were not happy about the economy in November. George HW Bush loses that election,” Basile said.
Watch:
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