We’ve been warning for months that the US was falling into a recession under Biden. Today even Biden’s government reporting shows it.
UPI Headline: “U.S. economy surprises analysts with 1.4% decline in first quarter of 2022”
It was unexpected, except to those paying attention.
The Bureau of Economic Analysis reported today that Biden’s economy is shrinking. We’ve been warned about this for months.
Real gross domestic product (GDP) decreased at an annual rate of 1.4 percent in the first quarter of 2022 (table 1), according to the “advance” estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 6.9 percent.
The GDP estimate released today is based on source data that are incomplete or subject to further revision by the source agency … The “second” estimate for the first quarter, based on more complete data, will be released on May 26, 2022.
We’ve been warning about a Biden recession for months.
Dear Reader - The enemies of freedom are choking off the Gateway Pundit from the resources we need to bring you the truth. Since many asked for it, we now have a way for you to support The Gateway Pundit directly - and get ad-reduced access. Plus, there are goodies like a special Gateway Pundit coffee mug for supporters at a higher level. You can see all the options by clicking here - thank you for your support!
