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 ...
“Delta did it” is the new “Bush’s fault” I guess.
They just cannot help lying. It not “Delta” it is the Biden’s Democrats bad fiscal policy meeting their bad energy policy meeting their bad monetary polices
Instead of looking for scapegoats, the Lying Media needs to tell the truth finally. The Biden agenda is a total failure.
“Go make money”
Yeah, sure, go make money as inflation ramps up, that’s the ticket.
Coming from the Hill? The Hill of BS as usual.
KELLOGS, JOHN DEERE GOING ON STRIKE, THIS 2% IS TOTAL BS JUST BUY GROCERY STORE PRICES.
BIDEN GREAT DEPRESSION 2.
Biden, not the Delta variant, has derailed the Trump recovery.
We ain' NEVAH gonn'a get rid of "covid" .. (note the language; jab, poke, covid ... what happened to 19?)
NOT UNTIL WE DEPORT ALL DEMOCRATS IN CONGRESS
OUT OF CONGRESS !
Real GDP (including inflation) probably declined 7%.
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