Dan Balz: “It is remarkable that the president’s average approval rating is below 40 percent at a time when the unemployment rate is at a 16-year low and the stocks have hit record highs this summer, at least until jittery markets reacted to warnings by the president of possible military conflict with North Korea.”
“Democratic strategists are aware of the mismatch between the president’s approval and the state of the economy and hope that the midterm elections will be simply a referendum on the president, as first midterms often are. But if there is no significant economic retrenchment over the coming year, the head winds buffeting Republicans could be reduced.”
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