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Economy grew just 2% in third quarter
as COVID-19 raged, supply chain snags
slowed deliveries

Original Article

Posted By: NorthernDog, 10/28/2021 9:09:32 AM

The U.S. economy slowed substantially in the third quarter amid an armada of obstacles, including a surge in COVID-19 cases, supply-chain bottlenecks, rising consumer prices and the fading effects of federal stimulus measures. But with COVID cases now tumbling and vaccinations rising, most economists are branding the weak showing a soft patch in a still-robust recovery from the pandemic -induced recession, with a healthy rebound projected in the final months of the year. The nation’s gross domestic product, the value of all goods and services produced in the U.S., increased at a seasonally adjusted annual rate of 2% in the


Dramatic GDP slowdown, as Biden's policies take hold.

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Reply 1 - Posted by: Come And Take It 10/28/2021 9:14:46 AM (No. 959590)
GDP slowdown, being outpaced 3x by inflation. Heck of a job, Lunch Bucket.
5 people like this.

Reply 2 - Posted by: Safari Man 10/28/2021 9:17:05 AM (No. 959594)
3 people like this.

Reply 3 - Posted by: Mr. Know-It-All 10/28/2021 9:23:41 AM (No. 959600)
Hooray! We're back to the lackluster economy of the Good 'ol days of B. Hussein Oblamer. I know I was getting tired of all those booming economic figures and higher wages. Let's Go Brandon!!
4 people like this.

Reply 4 - Posted by: MickTurn 10/28/2021 9:23:51 AM (No. 959601)
Welcome to Socialism, PERIOD!
5 people like this.

Reply 5 - Posted by: Nimby 10/28/2021 9:24:16 AM (No. 959602)
Country is down the toilet. This clown train is leaving the country while planning on spending more on their pet projects with taxpayer dollars!!
3 people like this.

Reply 6 - Posted by: Toby Ten Bears 10/28/2021 9:45:44 AM (No. 959640)
... And as Diaper Joe Biden fiddled...
1 person likes this.

Reply 7 - Posted by: LC Chihuahua 10/28/2021 10:13:27 AM (No. 959677)
This has less to do with COVID, and everything to do with governmental policy. FJB!
4 people like this.

Reply 8 - Posted by: Anti_democRAT 10/28/2021 10:20:02 AM (No. 959684)
Everything was better under trump, even the plandemic. He just carried out falsis advice to make the jab happen. Ironically, if biden was the pres then there would be no jabs made, he is incapable.
1 person likes this.

Reply 9 - Posted by: Birddog 10/28/2021 10:53:56 AM (No. 959719)
30% below "Experts" projections...and eclipsed by inflation. "Net ZERO Growth", (1st quarter of Recession). Imports up nearly 7%, exports down nearly 3%. 100% of "Business Investments" Intellectual property, not machinery, expansion, business infrastucture. Fully 2% of the "Growth" was direct inventory drawdowns.
0 people like this.

Reply 10 - Posted by: zephyrgirl 10/28/2021 10:56:39 AM (No. 959723)
It will only get worse.
1 person likes this.

Reply 11 - Posted by: formerNYer 10/28/2021 1:23:14 PM (No. 959858)
this liberal rag make no mention of xiden's destructive policies - garbage article, garbage journalism, garbage period
1 person likes this.

Reply 12 - Posted by: mort 10/28/2021 5:17:45 PM (No. 960011)
Pathetic. Let's go Brandon.
0 people like this.

Reply 13 - Posted by: Strike3 10/28/2021 6:27:22 PM (No. 960081)
Thanks for the clarification, Paul. I was going to blame Biden for the crashing economy but you set us straight, COVID did it. That poor man, being elected in the middle of an epidemic. Let's go Brandon.
0 people like this.

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