Ann Romney says that the Obama campaign is out to “kill” her husband. That’s certainly true in a metaphorical sense, and in the event that you have forgotten why Team Obama is determined to run a fact-free, slime-and-smear campaign, along comes CNBC to remind you:
A slew of weak U.S. economic data is casting doubts over expectations of a pick-up in growth in the second half of the year.
From manufacturing to job growth to consumer spending, the numbers have been grim, and economists are wondering whether they need to dial down forecasts for the remainder of the year.
“Our sense was that of a gradual improvement. Now the sense is of muddling along at a low level of activity,” said Adolfo Laurenti, deputy chief economist at Mesirow Financial in Chicago. “We went from seeing progress, though gradual and very uneven, to not seeing progress at all.”
The economy grew at a 1.9 percent annual pace in the first quarter and estimates for the April-June period are increasingly coming in around 1.5 percent.
The Obama campaign does not believe that it has anything positive to talk about when it comes to the economy. So it has decided to go relentlessly negative on Mitt Romney. Other than simply waving the white flag and letting Romney measure the drapes for the Oval Office, there is no other option left to the president’s campaign.
It ought to go without saying that no self-respecting voter ought to let a presidential re-election campaign succeed at running a completely mendacious campaign. Elections have consequences. Deliberately misleading voters ought to have consequences as well. You know, the kind in which the candidate doing the misleading is forced to concede defeat on election night.