Yes, and America 2020 very different from America 1992. Highly polarized on values, income classes and geography; the overall economy probably much less determinative than in the past 1/
Notice that the good job growth is mainly in states that are solidly blue or solidly red; in general weaker in swing states 2/ nytimes.com/interactive/20… 
A recession would probably have killed any chance of Trump reelection, but growth at roughly the same pace as 2016 leaves things wide open 3/
