More evidence that Joe Biden is squandering the economic recovery he inherited.
New Commerce Department data shows that economic growth in the second quarter was a “huge disappointment,” “weaker than expected,” a “big miss,” “total whiff,” and “well below expectations.”
And what’s to blame for the weak number? Biden’s socialist schemes.
CNBC: Biden paying people not to work is closing businesses, slowing growth pic.twitter.com/7e7hCC2to8
— RNC Research (@RNCResearch) July 29, 2021
At the same time, the number of workers filing for unemployment benefits was higher than expected last week, with unemployment claims still nearly double the pre-pandemic level.
The last thing America needs is Biden’s reckless $3.5 trillion tax and spending spree. It’s reckless spending that is slowing down the economy in the first place! Closing businesses, labor shortages, AND rising prices … Biden is truly bringing America back to 1979.
