The bad news? The economic recovery is even weaker than we thought, and getting weaker. GDP growth is down, and consumer confidence is plummeting.
The good news? Just a little over four months before we give the President with the worst record on economic recovery since FDR the boot! And if things don’t change quick and history is any indicator, then that’s a prediction you can take to the bank:
Economic growth in the second quarter slowed to 1.5 percent annualized from 2 percent in the first quarter. The economy is weakening as the election approaches. No one has ever won reelection in such circumstances. No one.