President Donald Trump has a low approval rating. He is engaging in bitter Twitter wars and facing metastasizing investigations.
But if the election were held today, he’d likely ride to a second term in a huge landslide, according to multiple economic models with strong track records of picking presidential winners and losses.
Credit a strong U.S. economy featuring low unemployment, rising wages and low gas prices — along with the historic advantage held by incumbent presidents.
While Trump appears to be in a much stronger position than his approval rating and conventional Beltway wisdom might suggest, he also could wind up in trouble if the economy slows markedly between now and next fall, as many analysts predict it will.
And other legal bombshells could explode the current scenario. Trump’s party managed to lose the House in 2018 despite a strong economy. So the models could wind up wrong this time around.