William Katz:  Urgent Agenda

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IT'S THE ECONOMY – AT 11:31 P.M. ET:  Please note that the stock market has taken a beating this week.  Ordinarily, this would be just a correction, maybe even one that is long overdue.  However, in an election year a drop like this could have political impact.

Please remember that an economic jolt during the 2008 presidential election campaign helped put Barack Obama in the White House.  John McCain foolishly suspended his campaign to return to Washington to help solve the economic problem, which he didn't do, leaving Obama unchallenged.  Obama probably would have won anyway, but McCain's gift certainly helped him.

I've always wondered about that economic convulsion.  The timing seemed just a bit too convenient for the Dems.  But I don't believe in conspiracy theories, although I do believe in conspiracies. 

Now, if the downturn in the market continues, we could be faced with another backlash against the party in power.  Convenient timing, ay?  Just sayin'.

October 11, 2018