It's still the economy, stupid!

Washington

IN 1992, James Carville popularised the adage "It's the economy, stupid". If the economy is ailing, people tend to vote against the party in the White House. That happened in the 1992 election. A recession that started in 1990 was officially over, but it didn't seem over to millions of Americans. They sent president George HW Bush into retirement. The question now is whether something similar will happen in 2016.

All eyes are on New Hampshire, but maybe we should be paying more attention to the economy. Along with the volatile stock market, recent indicators hint at a slowdown or recession. This could change the campaign's complexion once nominees are picked.