The 2022 Economic Outlook

In spite of what listening to the mainstream media might make you think, the voting public doesn't change much from year to year or election to election.  As a result, when leaders try to take policy too far in one direction, without enough public support, they often get punished at the polls.  That's our takeaway from the Virginia and New Jersey gubernatorial and down-ballot state legislative elections last week.

Here are five key political lessons from Tuesday.  First, if former President Trump isn't running, (or in office) it's hard for Democrats to use him as a bogeyman to scare voters.  Second, white working class and rural voters will turn out in high numbers without Trump on the ballot and in favor of more conventional GOP candidates.