PoliticalChic
Diamond Member
Inheriting the Obama economy
President Obama is handing his successor a remarkable gift: "an economy that's the envy of the world," said Ben White at Politico. The unemployment rate fell to 4.6 percent in November, "the lowest level since August 2007." The stock market and U.S. home prices are at record highs, consumer spending and wages are both rising steadily, and the economy grew a better-than-expected 3.2 percent in the third quarter. The situation couldn't be more different from the one Obama inherited when he moved into the White House in the depths of the financial crisis — or from Donald Trump's campaign rhetoric about a U.S. economy suffering from high unemployment and stagnant growth. In fact, Trump will take office against the rosy backdrop of an "Obama boom."
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"#PodestaEmails: Politico journalist seeks OK from Clinton before running story"
#PodestaEmails: Politico journalist seeks OK from Clinton before running story