Ace pollster John McLaughlin, using an accurate survey of 1,000 likely voters, shows when Republican candidates clearly support free-market capitalism versus Democratic policies of big government socialism, the GOP moves from a virtual tie in the generic Congressional ballot, to a commanding 49 percent to 36 percent lead. Independent and moderate voters show exactly the same move toward the GOP when the subject is capitalism versus socialism.
There’s a lesson here. And it’s a pity that the Republicans are not likely to produce a pro-growth, pro-affordability, tax and spending cut budget package. A missed opportunity. However, the second choice if you can’t get legislation, is good messaging this summer. And there is this midterm convention at Dallas in early September. And the economy right now, speaking of affordability, is booming. Every day we get more evidence. Manufacturing is on a roll.
The AI boom is transforming the American economy. Construction is rising in a way we haven’t seen in many years. Consumers are spending. Businesses are investing. Here’s one today: non-defense capital goods excluding aircraft, Wall Street calls it cap ex, in the last three months, orders are up 10.5 percent. Shipments are up 11.5 percent. Backlogs are up by more than 9 percent. All at an annual rate. We haven’t seen anything like this in decades.
The stock market is setting new records on a daily basis, including the S&P. Today the Dow closed at 54,085. Nearly 150 million Americans are invested. And the Trump accounts are coming in at record pace. Everybody is gonna own a piece of the Roth.
Last year’s One, Big, Beautiful Bill had the tax cuts and the spending cuts and it’s working today. So I’m just saying it’s time for the GOP to please talk about this. Better to talk about it with a roaring stock market. Growth and affordability. Let’s get it right.
