GDP growth in the second quarter fell far short of expectations.
Wow. Initial Q2 GDP growth at just 6.5 percent vs 8.5 percent expectations. https://t.co/x04xpYbJ4v
— Ben White (@morningmoneyben) July 29, 2021
And Joe Biden couldn’t be more pleased:
America is on the move again, and today’s new GDP numbers put our economy back at pre-pandemic levels.
Make no mistake: this growth is no accident, it’s a direct result of our efforts to deliver economic relief to families, small businesses, and communities across the country.
— President Biden (@POTUS) July 29, 2021
Our economy grew at the fastest rate in nearly 40 years during the first half of the year.
Consumer confidence is up.
Jobs are up.
Personal income is up.
Unemployment is down.
We’re getting America back on track.
— President Biden (@POTUS) July 29, 2021
Recommended
Maybe Joe Biden’s just an optimist!
Or maybe he’s just a lying gaslighter.
LULZ. https://t.co/z0GwCjgDD2
— Pradheep J. Shanker (@Neoavatara) July 29, 2021
This guy hahahaha https://t.co/xLc5CBnWBE
— JDP (@KINGJDP) July 29, 2021
This friggin’ guy.
Did the Fed chairman not say ~20 hours ago that enhanced unemployment benefits have hurt GDP?
— Jason Hart (@jasonahart) July 29, 2021
“Actually missing the mark by 25% is good” – Joe Biden https://t.co/mkrLWi5BB7
— Comfortably Smug (@ComfortablySmug) July 29, 2021
How to show you don't understand the GDP numbers without saying that you don't understand the GDP numbers https://t.co/la3KtAtK1p
— Libertarian-In-Chief (@ToddHagopian) July 29, 2021
Items missing from list…
Cost of living has increased
Cost of gas has skyrocket
Inflation is increasing
— Louis McHugh (@louismchugh) July 29, 2021
yo gas prices are kinda wilding out right now…
— Hayden's Comet (@Haydens_Comet) July 29, 2021
no we aren’t and you suck https://t.co/SIcMh5MaOZ
— mace (@usersgonesorry) July 29, 2021
If this is what getting America back on track looks like, we shudder to think about what it looks like when America goes off the rails.