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MAGA: Third Quarter U.S. GDP Grew 33.1 Percent, Fastest Pace Ever Recorded

Charlie Kirk Staff

10/29/2020

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MAGA: Third Quarter U.S. GDP Grew 33.1 Percent, Fastest Pace Ever Recorded

U.S. third quarter GDP grew at the fastest pace ever recorded, expanding at an annualized pace of 33.1 percent—better than many experts expected.

The great economic news comes after a 31.4% downturn in the second quarter due to the coronavirus pandemic and lockdowns across the country.

President Trump reacted to the news today, writing on Twitter, “GDP number just announced. Biggest and Best in the History of our Country, and not even close. Next year will be FANTASTIC!!! However, Sleepy Joe Biden and his proposed record setting tax increase, would kill it all. So glad this great GDP number came out before November 3rd.”

CNBC reports:

Increased consumption along with solid gains in business and residential investment as well as exports fueled the third-quarter rebound. Decreases in government spending following the expiration of the CARES Act rescue funding subtracted from GDP.

The powerful growth pace came after governments across the country shut down large swaths of activity in an effort to stem the spread of Covid-19, which the World Health Organization declared a pandemic on March 11.

Anyone following the presidential election cycle knows Joe Biden would decimate our economy and lock down our entire country as soon as Emperor Fauci says he should do so.

These numbers are further proof we need a Trump 2020 victory so we can continue to Make America Even Greater!

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Charlie Kirk is the Founder and President of Turning Point USA, a national student movement dedicated to empowering young people to promote the principles of free markets and limited government.

Charlie is also the host of “The Charlie Kirk Show” podcast, which regularly ranks among the top-10 news shows on Apple podcast news charts, and is the host of the nationally syndicated daily radio show on the Salem Radio Network live from 12 - 3 PM ET.
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