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Steven Rattner, “car czar” and counselor to the Treasury secretary in the Obama administration, cites three different modelers in his N.Y. Times commentary, “Trump’s Formidable 2020 Tailwind.”
The big picture: Trump wins all three modelers. Economists predict that the tailwind is large.
Ray Fair, a professor at Yale, “found that the growth rates of gross domestic product and inflation have been the two most important economic predictors — but he also found that incumbency was also an important determinant of presidential election outcomes.”
“Mark Zandi, the chief economist at Moody’s Analytics, has looked at 12 models, and Mr. Trump wins in all of them.”
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