Biden’s America: GDP Misses Estimate–Economy Grows At Slowest Pace Since Recovery Began

The Biden Administration’s failures continue to add up.

GDP growth for the 3Q was expected to be 2.7%.

The true GDP was only 2.0%.

This is the lowest number since the recovery began.

From CNBC:

The U.S. economic recovery slowed sharply in the previous three months, as products remained stranded at normally bustling ports, employers struggled to find workers and consumers battled with rising prices.

When the Commerce Department releases Thursday its first estimate for third-quarter annualized gross domestic product growth, it likely will show an increase of just 2.8%, according to Dow Jones estimates.

While that kind of number would have seemed perfectly fine in pre-Covid times, it actually would be the slowest pace since the recovery began in April 2020 off the shortest but steepest recession in U.S. history.

Even CNN had to admit it was bad.

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