Wow! October Surprise: US Economy Booms in Third Quarter With 33.1% GDP Growth

Matt Margolis : Oct 29, 2020
PJ Media

"The President built the world's best economy once and he's rapidly doing it again, proving that cutting taxes and reducing regulations and red tape clear the way for American ingenuity and our entrepreneurial spirit to thrive. We have regained more than half of the jobs lost to the global pandemic in less than six months, while it took more than two years to regain half of job losses from a recession while Joe Biden was in charge." -Tim Murtaugh, Trump 2020 communications director

[PJMedia.com] According to a new report from the US Department of Commerce Thursday morning, the GDP grew at an annualized rate of 33.1% in the third quarter, beating estimates. (Image: Flickr-White House)

The GDP has now recovered two-thirds of what was initially lost in the recession caused by the Chinese coronavirus, which resulted in a 31.4 percent decline in GDP in the second quarter...

...The report comes in the final days of the presidential campaign, and Trump will no doubt reference it as he makes his final pitch for reelection... Subscribe for free to Breaking Christian News here

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