William Katz:  Urgent Agenda

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YIKES! – THIS IS NOT A GOOD ECONOMY – AT 9:57 A.M. ET:  New economic statistics are pretty devasting, and clearly will be a drain on the Democratic candidate for president.  From the Washington Examiner: 

Economic growth slowed to a 0.7 percent growth rate to end 2015, the Department of Commerce reported Friday morning, a decline even worse than expected.

Private sector economists had expected GDP growth to slow from 2 percent in the third quarter to 0.9 percent in the fourth quarter, according to a poll conducted by Bloomberg.

The slowdown was attributable to slower consumer spending and business investment, and falling exports. Those factors were partly offset by faster federal government spending and a slowdown in imports, which are counted against GDP.

COMMENT:  We seem to be in the economic doldrums, somewhere between modest improvement and the next recession.  Certainly the Dems cannot brag about their "recovery," which has been going on since Obama took office.

Where's the recovery?

Where are the good jobs?

Does Bernie know?

January 29, 2016