Bidens Economic Crisis Is Worse Than We Thought As U.S. Economy Shrinks 1.6% In Revised First Quarter Report
President Biden’s economy is worse than we thought. The real gross domestic product (GDP) decreased at an annual rate of 1.6% in the first quarter of 2022, according to a twice-revised estimate released by the Bureau of Economic Analysis. This comes at a time when the second quarter GDP is on track to grow less than 1%, according to the latest Wall Street estimates. BIDEN’S…