As Growth Declines Sharply, Nix Biden Tax Hikes
President Biden seems to be in denial about the economy. He keeps insisting the economy is strong, and that taxes and spending should be increased, even after the government reported that economic growth has dropped sharply over the last three months.
Real GDP growth dropped to 1.1% in the first quarter, nearly half the growth experts had forecast. The economy slowed as business investment fell sharply in the face of high inflation and rising interest rates.
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