Why Barack Obama Will Lose
As June begins and the election inches closer, the question bedeviling the president and his advisers is this: What case will Barack Obama make on his own behalf to undecided voters over the next five months?
That must have been on their minds yesterday, as they surveyed the cascade of disappointing data.
“All the economic data was bad,” wrote Joe Wiesenthal of Business Insider.
The gross domestic product for the first quarter of 2012 was revised down to 1.9 percent from the original 2.2 percent. The previous quarter saw a respectable growth rate of 3 percent; the revision means an already worrisome slowdown just worsened by about 14 percent.