Economy Favours: Economy and American Workers

economy favours: Such conditions usually foreshadow rising real inflation-adjusted wages, which would indicate that American workers, many of whom were left behind in the anaemic post-crisis recovery, might finally reap benefits from the strong economy, according to The Guardian. Electoral models predict a strong economy favours the party in power and a weak economy dooms it to crushing losses. For the first time in memory, there are more job openings listed by US companies than there are unemployed people. And yet, with the economy in its best condition in more than a decade, most polls show a substantial Democratic party lead in the run-up to the midterm congressional elections in November. And some even foresee a blue wave in which Democrats also retake the Senate, despite having to defend far more seats than the Republicans. Moreover, most political pundits predict the Democrats will take back control of the House of Representatives. (news.financializer.com). As reported in the news.