Goldman Forecast: Economy Sucking Ever Worse

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James Pethokoukis helpfully tweets an abysmal new economic forecast from Goldman Sachs:

In Obamaland these may be alarm bells, but if the rest of Pethokoukis’s tweets are any indication, Republicans hear them as the bells of Christmas in July. Unfortunately, they understand the lessons of political science forecasting models all too well, so while it would be nice if conservatives would let us do something about this grim news instead of just standing cynically athwart the economy and yelling Stop, it’s not going to happen. After all, there’s an election coming up, and the worse off you are, the better off they are.

So suck it up, folks. There’s no relief in sight.

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BEFORE YOU CLICK AWAY!

Mother Jones was founded to do journalism differently. We stand for justice and democracy. We reject false equivalence. We go after stories others don’t. We’re a nonprofit newsroom, because the kind of truth-telling investigations we do doesn’t happen under corporate ownership.

And the essential ingredient that makes all this possible? Readers like you.

It’s reader support that enables Mother Jones to devote the time and resources to report the facts that are too difficult, expensive, or inconvenient for other news outlets to uncover. Please help with a donation today if you can—even a few bucks will make a real difference. A monthly gift would be incredible.

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