Half-million fewer jobs: Revisions hit Trump economy
8/25/19
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from NBC,
8/25/19:
New numbers show job creation, GDP and consumer sentiment are lower than previously estimated.
Throughout Donald Trump’s turbulent presidency, the economy has served as a stabilizer. His economic approval numbers are consistently higher than his overall job approval in polls and he’s made his economic stewardship a top reelection talking point.
But recent headlines and new sets of data are raising questions about exactly where the economy is heading as 2020 approaches. Increasingly it looks like the president’s stabilizer is headed for some bumpy times.
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