The last bits of economic data before the election just came out. And… it’s a recession. (You knew this, but the Commerce Department just fessed up.)
3rd Quarter GDP: 0.3% FAIL. Initial jobless claims this week? Well, there are 479,000 new socialists out there. (Welcome! Coffee and danish out in the hall if you want some — help yourself.) Oh: and Exxon Mobil beat expectations on its earnings this morning and had a record-breaking quarter. (This is a recording.)
Hopey can spin all three numbers today. Geezer and Tailbunny have to find a radical professor at Northwestern to harp on (UIC and U of C are tapped out for that at this point) — don’t you worry… National Review is on the case as we speak.
And there it is. Only two things can save the old man now: something that allows Geezer to spin terrorism (Osama or Mahmoud popping off, the military killing al-Qaeda’s number two for the sixteenth time, etc.), or a massively effective vote suppression effort (which has been a big pile of nope thus far, the efforts of GOPers notwithstanding). Both still could happen. But: my cautious optimism meter is ticking upwards, slightly.
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