THE MANUFACTURING BOOM – AT 1:31 P.M. ET:  President Trump's most powerful argument for his administration, and his re-election is, no doubt, the economy. And at the heart of that economy has been a dramatic expansion in American manufacturing.  They said it couldn't be done, but he's doing it.  From IBD: 

On October 5, 2018, the Department of Labor released its national jobs report for September, showing unemployment had hit a 49-year-low at 3.7% with 134,000 jobs added last month of which 18,000 were in manufacturing.

Of note, in the 21 months since his inauguration, President Trump's deregulatory policies and historic tax cuts have led to a manufacturing resurgence, with 396,000 jobs added. In fact, the pace of manufacturing job growth over the past 21 months of President Trump's leadership is more than 10 times that of President Obama's last 21 months in office.

A significant part of America's manufacturing boom may also be attributable to a key change in the tax code signed into law in December 2017. The new law encouraged U.S. companies with corporate earnings sitting overseas avoiding high U.S. corporate taxes to bring that cash back to American shores. Some $300 billion out of what the Federal Reserve estimated is $1 trillion in multinational enterprises' profit was sent home in the first quarter of 2018.

COMMENT:  The economic boom also has a major psychological effect on the country.  Presumably, this should translate into support for the current government and congressional leadership.  However, history shows us that voters can be frustrating.  Churchill was thrown out of office at the height of his success as Britain's war leader.  With victory in the war came defeat at the polls. 

If the economy does not guarantee victory at the polls for Republicans in three weeks, it can at least limit the losses.  Americans, I hope, will realize that a switch to the neo-socialist Democratic Party could destroy all that has been built up under President Trump. 

October 15, 2018