A report from the Commerce Department on second quarter economic growth put a damper on Hillary Clinton’s claims that the economy has grown stronger since President Obama took office.
The report revealed that the economy has grown by only 1.2 percent in the second quarter, and experienced a growth of just 0.8 percent in the first quarter. Wall Street analysts expected to see a second quarter growth of 2.6 percent, which was more than double reality.
Donald Trump has taken advantage of this by speaking to millennials who are already unhappy with the state of the economy and the bleak job market. Trump’s campaign accused Clinton’s of painting a picture of America that is far too optimistic.
“They described a vision of America that doesn’t exist for most Americans,” said Trump spokesman Jason Miller. “Never has a candidate been so disconnected from what is happening in America.”
Yet, millennials don't appear to be having a déjà vu moment when listening to Clinton speak. Despite the sluggish economy recovery over the past eight years, many will still vote for her.
A recent poll conducted by Morning Consult showed 47 percent of millennials plan to vote for Clinton, as opposed to the 30 percent who plan to cast their ballots for Trump, despite the fact that Clinton’s economic plans will continue the current policies that have so frustrated them.
“Obama’s economic narrative was about fixing the immediate problem following the financial crisis,” said Heather Boushey, executive director and chief economist at the Washington Center for Equitable Growth. “What I see [Clinton] doing on the economic front is saying ‘OK, what else do we need to do on the economic front? How can we rethink making sure the middle class works for everyone and what are these larger structural elements we need to fix now that we’ve got everything sort of moving on the right track?”
In other words, how do we make the government significantly “bigger?” How do we give the government more control? For many Democrats, this is exactly the change they are hoping for.
For millennials who want to maintain a smaller government, it is these comments, these beliefs that should send them running to Trump. The words “making the middle class work for everyone” should echo ominously in the minds of voters as the precursor to a swift and strong stripping of individual freedoms.
The bleating of progressives to tax the rich and equalize the poor may sound enticing, but as Lawrence W. Reed wrote, “Economic inequality, when it derives from the voluntary interaction of creative individuals and not from political power, testifies to the fact that people are being themselves, each putting his uniqueness to work in ways that are fulfilling to himself and of value to others.”
Small businesses, entrepreneurship, and opposition to policies that will promote “class warfare” are just a few of the values that the GOP believes will help the United States begin the climb back to a stable economy. Rather than a continuation of the familiar, perhaps it’s time to try a different tactic. Clearly, the familiar isn’t working.