GETTING BY ON THE OBAMACONOMY:

"Reasonably good" is not what Trump promised to deliver during his 2016 campaign, and at this point he heads into a reelection year short of the key economic goals he set and worried a recession could undermine his bid for a second term.

Growth is ebbing and well below the 3% annual rate he said his administration would hit; the trade deficit has widened and there is no sign of the "easy" victory he said would come in a trade war with China; far from the surge in investment he promised would follow a corporate tax cut, business capital spending of late has been a drag on growth overall.

Each month there are more jobs. But that has been true for nearly nine years, and as on many fronts the best days of "Trumponomics" may be in the past as the economy's performance reverts to an Obama-era trend of around 2% annual growth.

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