In his State of the Union address Tuesday night, President Trump put the economy front and center in his bid for reelection. The speech had its share of hyperbole, but the economic case Mr. Trump laid out was sound and the political appeal obvious. Unemployment is the lowest in 50 years, and wages are picking up for a wide range of workers, not just the highest paid. Many of the trends for which Mr. Trump took credit began before he took office. Nonetheless, voters typically...

Source: Wall Street Journal February 05, 2020 14:34 UTC