Michael Hiltzik: Slowing to a 2.1% annual growth rate, Trump's economy comes off its sugar high
by Michael Hiltzik, Los Angeles Times
Jul 26, 2019
3 minutes
Here's the good news about the estimate of 2.1% (annualized) growth for second-quarter gross domestic product the government released Friday: Consumer spending is remarkably strong, and the GDP grew slightly faster than economists expected.
Almost everything else in the report from the Bureau of Economic Analysis about the quarter ended June 30 is bad or worrisome. That's especially so if you're Donald Trump and you based your claim to the love of the American people
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