(Politico) Hillary Clinton is counting on a strengthening economy to help convince wavering voters, especially across the industrial Midwest, that Donald Trump’s version of a crippled America in rapid decline doesn’t really exist.
She got some very grim news on that front Friday morning with a new report showing the economy grew just 1.2 percent in the second quarter, a sluggish pace for an expansion that is remarkably durable but also shallow, uneven and deeply dissatisfying to most Americans. The news was even worse in the details of the report, which revised first quarter growth down to just 0.8 percent, showing an economy dangerously close to stall speed, handing Trump a handy talking point. The second quarter growth rate was less than half the 2.6 percent expected by Wall Street analysts.
Friday’s report, dragged down by business inventories and investment that swamped increases in consumer spending, could get revised higher later this summer. But it highlights a critical dilemma for the Clinton campaign and a big opening for Trump.
from PropagandaGuard https://propagandaguard.wordpress.com/2016/07/29/grim-economy-report-plays-into-trumps-hands/
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