Second Estimate of 2Q GDP

"Second Estimate" 2Q GDP increased at an annual rate of 1.6% from the 1Q to 2Q.  1Q GDP increased at 3.7%.

The economy is losing some steam as we are approaching the end of the fiscal and monetary stimuli.

Many Keynesian economists like Krugman and Stiglitz are advocating for a second fiscal stimulus program.  I am not sure, under the present political environment, if the program will be popular under the mid-term election this year.