Here’s who to blame — and who not to blame — for the slumping US economy | CNN Business

New York CNN  — 

In good economic times, politicians in the US rush to take all the credit. In bad times, it’s the other party’s fault — or better yet, the Federal Reserve’s.

The current state of the US economy is far from rock bottom. Gross domestic product for the second quarter of this year came in better than expected, with the economy growing at an annualized rate close to 3%. And even though the pace of hiring has slowed, 6 million more Americans are working now compared to before the pandemic.

But just a few

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