Biden's Far-Left Socialist agenda has incentivized Americans to stay out of the workforce, caused skyrocketing inflation, created a crippling supply chain crisis, and it has stalled the economic recovery he inherited from President Trump.
BIDEN’S ECONOMIC CRISIS BY THE NUMBERS:
The U.S. GDP came in at a “disappointing” 2% annualized rate in the third quarter.
The third quarter GDP came in far lower than the 2.7% economists had predicted.
This is the slowest growth rate since the start of the pandemic-era recovery.
Plans to mandate vaccines are hurting businesses already struggling to hire while discriminating against workers regardless of their circumstances.
In September, the U.S. economy added just 194,000 compared to the 500,000 economists expected.
This was the worst jobs report of Joe Biden's presidency.
The labor force participation rate fell to 61.6% in September.
Instead of addressing the economic crisis facing America, House Democrats and Biden are pushing a tax and spend package, which is nothing more than a Far-Left Socialist wish list that will worsen the economic crisis facing Americans.
Read Ways and Means Republican Leader Kevin Brady’s statement on the disappointing third quarter report HERE.