Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Economic growth rate slows to 2 percent as delta derails recovery
The Hill ^ | 10/28/2021 | Sylvan Lane

Posted on 10/28/2021 7:15:49 AM PDT by ChicagoConservative27

Economic growth slowed sharply between July and September as the emergence of the delta variant derailed the recovery from the coronavirus recession, according to data released Thursday by the Commerce Department.

U.S. gross domestic product (GDP) grew at an annualized rate of 2 percent in the third quarter, according to the Census Bureau’s first estimate. The economy grew at a 6.7 percent yearly pace in the second quarter of 2021, marking a sharp slowdown as the delta surge began.

“The increase in third quarter GDP reflected the continued economic impact of the COVID-19 pandemic. A resurgence of COVID-19 cases resulted in new restrictions and delays in the reopening of establishments in some parts of the country,” the Census Bureau explained.

(Excerpt) Read more at thehill.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: delta; economic; growth; recovery
Navigation: use the links below to view more comments.
first 1-2021-29 next last
Delta derails recovery??? Must be the new talking point.
1 posted on 10/28/2021 7:15:49 AM PDT by ChicagoConservative27
[ Post Reply | Private Reply | View Replies]

To: ChicagoConservative27

No, it is the Brandon Variant.


2 posted on 10/28/2021 7:16:22 AM PDT by Army Air Corps (Four Fried Chickens and a Coke)
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27

Delta?? LOL They must really think we’re stupid.


3 posted on 10/28/2021 7:16:58 AM PDT by Allegra
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27

DC groupthink

Part of the blame deflection impulse...


4 posted on 10/28/2021 7:18:22 AM PDT by Regulator (It's fraud, Jim)
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27

BS.

They are deliberately knee-capping the supply chain so they can starve us to death.


5 posted on 10/28/2021 7:19:05 AM PDT by E. Pluribus Unum ("Communism is not love. Communism is a hammer which we use to crush the enemy." ― Mao Zedong)
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27

It’s not Delta. It’s YOUR expectations.

Now shut up and get in the bread line, prole.

L


6 posted on 10/28/2021 7:19:24 AM PDT by Lurker (Peaceful coexistence with the Left is not possible. Stop pretending that it is.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Army Air Corps

THAT IS GREAT! But maybe we should just be honest and call it the Biden Variant?


7 posted on 10/28/2021 7:19:25 AM PDT by goodnesswins
[ Post Reply | Private Reply | To 2 | View Replies]

To: ChicagoConservative27

The Biden Recession......................


8 posted on 10/28/2021 7:21:16 AM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Allegra

No, they really don’t.

Which is why they stole the election.

They know very well we’re not that stupid.


9 posted on 10/28/2021 7:21:46 AM PDT by mewzilla (Those aren't masks. They're muzzles. )
[ Post Reply | Private Reply | To 3 | View Replies]

To: ChicagoConservative27

10 posted on 10/28/2021 7:21:47 AM PDT by BenLurkin (The above is not a statement of fact. It is either opinion, or satire. Or both.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27
Blame Delta for the slowdown?? You've got to be kidding. Try removing the free money to unemployed workers who choose to stay home rather than work. Try putting the Keystone Pipeline back in action and watch what happens to distribution costs and overall inflation.

Nope. Delta's not the problem. Joe's the problem, as are the people who are hiding behind his skirts.

11 posted on 10/28/2021 7:22:03 AM PDT by econjack (I'm not bossy. I just know what you should be doing.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27

Somebody supported these stupid Democrat sons of bitches.

Probably the same cowardly idiots who come here and write that the Republicans are in charge.


12 posted on 10/28/2021 7:23:50 AM PDT by blueunicorn6 ("A crack shot and a good dancer”)
[ Post Reply | Private Reply | To 1 | View Replies]

To: mewzilla
They know very well we’re not that stupid.

Oh, a lot of them think we “peasants” are idiots. Their arrogance knows no bounds and it clouds any sense of rationale, especially among those in the media arm of the government.

But there are enough of them who know that they need to keep a watchful eye out.

13 posted on 10/28/2021 7:29:42 AM PDT by Allegra
[ Post Reply | Private Reply | To 9 | View Replies]

To: ChicagoConservative27

What they are pretending, is that if the delta variant caused it, then it is fault of the unvaxxed, lol.


14 posted on 10/28/2021 7:34:02 AM PDT by rigelkentaurus
[ Post Reply | Private Reply | To 1 | View Replies]

To: econjack
MSM multiple choice question:

What is the reason for the United States' current problems?

A. Trump

B. Covid

C. January 6th insurrection

D. Concerned parents

D. All of the above

15 posted on 10/28/2021 7:34:33 AM PDT by Right Brother
[ Post Reply | Private Reply | To 11 | View Replies]

To: ChicagoConservative27

Economically things are going fine. Go make money, there is opportunity everywhere.


16 posted on 10/28/2021 7:38:52 AM PDT by SaxxonWoods (Arrest and charge Anthony Fauci. )
[ Post Reply | Private Reply | To 1 | View Replies]

To: goodnesswins

Works for me!


17 posted on 10/28/2021 7:38:54 AM PDT by Army Air Corps (Four Fried Chickens and a Coke)
[ Post Reply | Private Reply | To 7 | View Replies]

To: ChicagoConservative27
2% growth with 5% inflation is 3% shrinkage.

But inflation is not 5%, but possibly 15%. This is depression, not recession.

18 posted on 10/28/2021 7:48:17 AM PDT by mvonfr
[ Post Reply | Private Reply | To 1 | View Replies]

To: Allegra
They must really think we’re stupid.

Can't go wrong assuming that at least 50% of the population is retarded.

19 posted on 10/28/2021 7:52:14 AM PDT by Sirius Lee (They intend to murder us. Prep if you want to live and live like you are prepping for eternal life)
[ Post Reply | Private Reply | To 3 | View Replies]

To: ChicagoConservative27

No, the Delta Variant, which they don’t have a test for BTW, did nothing.

Communists, Democrats (but I repeat myself), Liberals (I repeat myself again) and RINOs are the ones destroying our economy by LYING about COVID-19 and using it as an excuse to throttle and stifle our economy by any means necessary.


20 posted on 10/28/2021 7:52:39 AM PDT by SoConPubbie (Mitt and Obama: They're the same poison, just a different potency)
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-29 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson