BIDEN ECONOMY: US GDP “Unexpectedly” Declines by 1.4% in First Quarter – Biden Manufactured Recession Is on its Way

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.

American Households Face $5,200 Biden Inflation Tax This Year – San Fran Fed Blames Historic Inflation Rate on Government Spending

 

 

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Joe Hoft is a Radio Host at TNTRadio.live, Author, Former International Corporate Executive in Hong Kong for a Decade, and a Contributor at TGP since 2016. Joe is the author of five books, including his new bestseller, "The Steal: Volume II - The Impossible Occurs" which addresses the stolen 2020 Election and provides an inventory of issues that prove that the 2020 Election was uncertifiable and never should have been certified for Joe Biden.

You can email Joe Hoft here, and read more of Joe Hoft's articles here.

 

Thanks for sharing!