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CBS News online provided Democrats ammunition disguised as free advice and “facts” just ahead of their first debate.
Supposedly wondering how the economy is “really doing,” CBS journalists Aimee Picchi, Alain Sherter, and Irina Ivanova glumly answered, “The first quarter of 2019 may be as good as it gets for quite a while.”
Take - Economy - Number - Points - June
Their negative take on the economy, which echoed a number of liberal talking points, was published on June 26 at 6:40 p.m.
Despite admitting that the economy expanded at 3.1 percent in the first quarter, and nearly 10 straight years of growth, the trio offered a gloomy forecast.
Economists - Growth - Percent - Boost - Tax
Citing “private economists,” they said annual growth would drop to 2 percent as “the fiscal boost from tax cuts fade, trade tensions crimp spending and global economic growth slips.”
The trio also complained GDP didn’t account for “just how many Americans are still hurting” from the Great Recession, despite the lowest unemployment rate since December 1969. They said “research shows that 40% of families” sometimes struggle to pay for basic needs, but didn’t provide a source for the statistic.
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