Goldman Sachs: Economy Looks Bad for 2010. Sorry, Democrats.

Economy could have huge influence on midterm elections.


Democratic incumbents might want to factor this economic analysis from Goldman Sachs into their 2010 midterm election expectations:

Turning to individual regions, we expect US GDP to contract by 1.6% in 2009. Growth should turn positive by the middle of the year, provided the new administration successfully implements the proposed US$825bn two-year fiscal stimulus package. We expect growth to improve to 1.2% in 2010.

Me: If this forecast turns out to be anywhere close to being accurate, you are going to have one mess of angry voters going to the polls. With trillions of dollars being spent , and Dems controlling the White House and Congress, "Blame Bush" isn't going to cut it.