Biden Administration Immediately Caused the GDP to Decrease as Companies Stopped Hiring After the 2020 Election

[TigerGrowls]

https://www.thegatewaypundit.com/20...rease-companies-stopped-hiring-2020-election/

By Joe Hoft
Published February 6, 2021 at 1:50pm
786 Comments
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After setting the record for the greatest increase in GDP history in the third Quarter, the Biden effect is slowing the economy and shrinking the GDP.
In Q3 President Trump’s Administration set the record for the largest increase in GDP in US history. This won’t be the case in Q4 after firms realized there might be a Biden Administration.
IT’S OFFICIAL: Trump Crushes Record for Largest GDP Increase in US History — 3rd Quarter GDP Up 33.1%

According to the monthly GDP Index from IHS Markit, the GDP in Q4 of 2020 decreased after the record setting Q3.
TRENDING: Breaking: Twitter Indefinitely Suspends Gateway Pundit Account After We Announce More Video of TCF Center Fraud Will Be Released in Coming Days

The GDP actually increased in October 2020 but then came the election and all the fraud and corrupt actions taken by multiple institutions to steal the election from President Trump. The result was companies stopped hiring and the GDP decreased.
The problem now for US corporations is Biden will send jobs again overseas and shut down industries like oil that make America more profitable and safe.
The response from the Biden gang was to shut down jobs and industries.
Joe Biden Killed More Jobs in January with His Executive Orders than the Economy Created in Same Month

The economy is already going backwards with Biden and he doesn’t have any idea on which way to go.

 

[clemsontiger02]

LOL. The line below is actually included in what you posted.

Implicit in our latest tracking forecast of 3.1% annualized growth in the first quarter is a jump in GDP in January that reverses the weaknesses over the past two months.

And let's not forget that the time period in question was when Trump was still president.

What a joke.

 

[nytigerfan]

https://www.thegatewaypundit.com/20...rease-companies-stopped-hiring-2020-election/

By Joe Hoft
Published February 6, 2021 at 1:50pm
786 Comments
Share on FacebookTweetShare to GabShareEmail

After setting the record for the greatest increase in GDP history in the third Quarter, the Biden effect is slowing the economy and shrinking the GDP.
In Q3 President Trump’s Administration set the record for the largest increase in GDP in US history. This won’t be the case in Q4 after firms realized there might be a Biden Administration.
IT’S OFFICIAL: Trump Crushes Record for Largest GDP Increase in US History — 3rd Quarter GDP Up 33.1%

According to the monthly GDP Index from IHS Markit, the GDP in Q4 of 2020 decreased after the record setting Q3.
TRENDING: Breaking: Twitter Indefinitely Suspends Gateway Pundit Account After We Announce More Video of TCF Center Fraud Will Be Released in Coming Days

The GDP actually increased in October 2020 but then came the election and all the fraud and corrupt actions taken by multiple institutions to steal the election from President Trump. The result was companies stopped hiring and the GDP decreased.
The problem now for US corporations is Biden will send jobs again overseas and shut down industries like oil that make America more profitable and safe.
The response from the Biden gang was to shut down jobs and industries.
Joe Biden Killed More Jobs in January with His Executive Orders than the Economy Created in Same Month

The economy is already going backwards with Biden and he doesn’t have any idea on which way to go.

I am confused. If I have learned anything from republicans the last four years it is that the ONLY indicator of how an economy is performing is the stock market.

 

[dpic73]

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