U.S. Economy Stalled in First Quarter of 2016 – – What Are The Implications For The Presidential Election?
In a presidential election year, this is not a good harbinger the Hillary Clinton, the likely nominee of the incumbent party in power. Results for Q1 of 2016 show that the American economy grew by a paltry 0.5 percent. That is essentially zero-growth, after seven-years of multi-trillion dollar fiscal stimulus by the Obama administration, plus trillions more in monetary stimulus courtesy of the Federal Reserve.
Despite rosy – -and highly manipulated figures – – for unemployment in the United States, the reality is that the U.S. economy is at stall speed, with growing signs of economic contraction across the globe, in conjunction with a sustained and devastating collapse in oil prices. If a recession, real or perceived, emerges by the fall, the most likely Republican presidential nominee, Donald Trump, will receive an immense advantage in the contest for the 45th president of the U.S.
DONALD TRUMP or HILLARY CLINTON — Who Will Be Elected the 45th President of the United States in 2016?
Available on Amazon Kindle – – HILLARY CLINTON VERSUS DONALD TRUMP