America’s Economy is Thriving
‘On Friday, the Commerce Department reported some outstanding news. In the second quarter of 2018, the United States’ real gross domestic product grew by 4.1%... It’s American workers, American job creators, and American entrepreneurs who grew our economy faster than four percent this quarter. Who have driven the number of Americans filing for unemployment benefits to its lowest level in over 48 years and created 3.7 million jobs since the 2016 election.’
WASHINGTON, D.C. – U.S. Senate Majority Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding the benefits Americans continue to see from the Republican pro-opportunity, pro-worker agenda:
“On Friday, the Commerce Department reported some outstanding news. In the second quarter of 2018, the United States’ real gross domestic product grew by 4.1%. This number is just the latest point in a long series of evidence that shows the American economy is thriving. But as I’ve pointed out, it is a mistake to view this growth -- and the new prosperity for American families that it entails -- primarily as an achievement of government.
“It’s American workers, American job creators, and American entrepreneurs who grew our economy faster than four percent this quarter. Who have driven the number of Americans filing for unemployment benefits to its lowest level in over 48 years and created 3.7 million jobs since the 2016 election. Who repatriated more than $300 billion from overseas in the first quarter of this year alone, according to the Commerce Department, bringing that money home to the United States.
“This is what free enterprise can achieve when Washington D.C. stops raising taxes, micromanaging the economy through the sprawling regulatory state, and presuming that it’s better to funnel money and power to bureaucrats than to trust hardworking families and small business owners to live their own lives.
“So it’s the American people who deserve the credit for the successes of their economy. Here’s what this united Republican government is doing: Cutting their taxes, rolling back the red tape, and mowing down one hurdle after another that has held this country back.”
Related Issues: Economy, Taxes, Jobs
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