Republican National Committee Chairwoman Ronna McDaniel in a Thursday tweet blasted President Joe Biden over the lower-than-expected economic growth in the third quarter and accused him of having “squandered the recovery he inherited” from former President Donald Trump.
“Earlier this year, economists expected Q3 economic growth above 7%,” she wrote. “By yesterday, they had downgraded expectations to 2.7%. Today, we learned the economy grew by only 2%. Biden has squandered the recovery he inherited.”
The Associated Press says the U.S. economy was hampered by rising COVID-19 cases and persistent supply shortages as it slowed to a 2 percent annual rate in the July-September period.
Read more at Newsmax© 2021 Newsmax. All rights reserved.