Political Quotes

“Mr. President, we received more good economic news on Friday with the announcement that the economy created 224,000 jobs in June. Meanwhile, unemployment remained near its lowest level in half a century. June marked the 16th straight month that unemployment has been at or below 4 percent. That is a tremendous record. June also marked the 11th straight month that wage growth has been at or above 3 percent. Before 2018, wage growth had not hit 3 percent in nearly a decade. Friday's announcement was just the latest piece of good news about the economy. Thanks to Republican economic policies, the economy has taken off during the Trump administration. Economic growth is up, wage growth is up, personal income is up, and the list goes on. Importantly, the benefits of this economic growth are being spread far and wide. One of the distinguishing features of the economic expansion that we have been experiencing is the way it has been reaching those who have trailed behind economically. Over the past 3 years, pay hikes for the lowest income workers have exceeded pay hikes for the richest workers. Huge numbers of new blue- collar jobs have been created, and the employment situation for minorities has improved substantially. The unemployment rates for Asian Americans, African Americans, and Hispanic Americans are all at or near record lows.…”