As Democrats debate, facts about the economy, taxes and more [CBS News]
JP Morgan Chase & Co. (JPM)
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Source: CBS News
Democratic debates 2019: Facts about the economy, taxes, health care, wages, income inequality and more - CBS News As Dems debate, facts about economy, taxes, health care, wages and more By Aimee Picchi, Alain Sherter, Irina Ivanova Updated on: June 26, 2019 / 8:00 PM The 20 presidential candidates set to kick off two nights of debates How is the U.S. economy really doing? Fact: The economy expanded a healthy 3.1% in the first three months of the year, but the Federal Reserve and private economists forecast growth for all of 2019 of only around 2%. Economic growth in the U.S. has been slow yet steady over the last year, boosted by healthy consumer spending and tax cuts. Dating back to 2009, the economy has grown for 10 straight years — the longest continuous expansion in more than 150 years. On the down side, the first quarter of 2019 may be as good as it gets for quite a while. Economists expect annual growth to cool to roughly 2% as the fiscal boost from tax cuts fade, trade tensi
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