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Paul Krugman @paulkrugman
, 5 tweets, 2 min read Read on Twitter
First, the state of the economy historically hasn't mattered that much for midterms 2/ cnbc.com/2018/01/30/goo…
Here's job growth versus change in seats held by the president's party in the past 4 midterms: raw correlation is actually negative, which doesn't mean much, but certainly no strong relationship 3/
Second, workers aren't seeing the benefits of GDP growth: corporate profits soaring, real wages down 4/
So it's about other stuff. Remember, D wave in 2006 was partly about Katrina; imagine if GWB had not only botched Katrina, as he did, but then denied people died and claimed it was all a Democratic conspiracy? 5/
The scary thing is that even with this paranoid sociopath in the White House -- that's not an insult, it's just a straightforward description -- Rs have a chance of holding on 6/
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