US economy shrank 1.4% at beginning of 2022, marking worst quarter in 2 years. Brandon’s really going for it, he’s sinking his own ship.
The U.S. economy cooled markedly in the first three months of the year, as snarled supply chains, record-high inflation and labor shortages weighed on growth and slowed the pandemic recovery.
Gross domestic product, the broadest measure of goods and services produced across the economy, shrank by 1.4% on an annualized basis in the three-month period from January through March, the Commerce Department said in its first reading of the data on Thursday.
This post was last modified on April 29, 2022
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Stories like this are precisely why 'President' Biden was forced to create a new Ministry of Disinformation Inquisition. Our economy did not "shrink" during the 1st Quarter, it grew negatively, thus expanding our recessionary prosperity.
Exactly. And the fewer dollars you have, the more you appreciate the ones you have left, so inflation is a good thing because it leaves you with fewer dollars.
You'll be grateful for your Soylent Green®
Imagine that. Democrats ruining an economy. I guess their "pandemic" didn't do enough damage.
https://earloftaint.files.wordpress.com/2022/04/over-the-edge.png?w=789