Hannity sees historical pattern of defeat for the president's party in US midterm elections
In Fox News coverage, the presenter says that the 'come and go' of the polls is predictable and remembers that Reagan, Clinton and Obama recovered after losses in the middle of the term.
BY THE X-TRADER NEWS NEWSROOM · REPORTING FROM FOX BUSINESS · 2 MIN
Presenter Sean Hannity stated, during coverage of the midterm elections in the United States on Fox News, that history indicates losses for the president's party and that the more dominant the personality of the occupant of the White House, the more dramatic the defeat tends to be. According to him, legislative elections are "very, very predictable".
Hannity said he doesn't intend to give comfort to conservatives or Republicans, but that history weighs heavily. To support the argument, he cited three presidents. Ronald Reagan won by a large margin in 1980, suffered a "huge loss" in 1982 and, four years later, won 49 states in re-election, according to the presenter.
The precedents of Clinton and Obama
The commentator recalled that Bill Clinton defeated an incumbent president in 1992 and, two years later, was hit hard in the middle of his term, but won re-election again. With Barack Obama, the script was similar: victory in 2008, the strength of the Tea Party movement in 2010 and a new election two years later. For Hannity, there is "a back and forth" at the polls and few exceptions over the last century.
He pointed out as exceptions the year following 9/11 and the period of World War II. Hannity acknowledged that the diagnosis is "not what everyone wants to hear," but in his assessment, it is reality. On a positive note, he said that the effects of this election are also projected for two years from now.
Races on the radar
Asked by Bret Baier about which races he was following, Hannity said that seeing Florida, his state, so hotly contested is "worrying." He also said he was keeping an eye on South Carolina and Texas. According to him, the race in which there was the greatest degree of confidence was Michigan, where Mike Rogers' campaign was "feeling very good" at that moment.
Another member of the panel commented on the possibility of Byron Donalds being chosen governor of Florida, which she said would be the first time that an elected black man would govern a state in the Deep South. The commentator also pointed out the role of black and Jewish American voters in Michigan.
Kudlow's tax argument
Economist Larry Kudlow, also on the panel, said that if the night doesn't go the way Republicans want, it would follow the trend described by Hannity. He recalled that Clinton was hated by many people, but he recovered and worked with Newt Gingrich, and that the two balanced the budget four times in a row, according to Kudlow.
The transcription does not contain market data, such as the stock market, interest rates or dollars. For the investor, the central point of the analysis is the history mentioned: in the channel's reading, the division of power after defeats in the middle of the mandate already coincided with periods of negotiation around public accounts, and the final result of the investigation was still followed live.
Automatically translated from Portuguese.
