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Presidents Lose When There’s an Election-Year Recession
The U.S. economy entered a recession in Feb. and the timing could hardly be worse for President Trump, who’s up for reelection.
10 Jun 2020, 11:30 PM IST
(Bloomberg Businessweek) -- On Monday, the National Bureau of Economic Research—the official government arbiter of recessions—formalized what most people already assumed: The U.S. economy entered a recession in February. The timing could hardly be worse for President Trump, who’s up for reelection in less than five months.
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