Political Quotes

On the recordMarch 5, 2019
Madam President, last week, we learned that the economy grew at a rate of 3.1 percent from the fourth quarter of 2017 to the fourth quarter of 2018. That is the strongest economic growth in over 10 years. Economic growth for the fourth quarter of 2018 smashed market expectations. In January, the economy created more than 300,000 jobs. More than 5.3 million jobs have been created since President Trump was elected. Job openings hit a record high of 7.3 million in December, substantially exceeding the number of those looking for work. The Department of Labor reports that the number of job openings has exceeded the number of job seekers for 10 straight months. Unemployment is low. January marked the 11th straight month that unemployment has been at or below 4 percent. That is the longest streak in nearly five decades. Wage growth has accelerated. Wages have now been growing at a rate of 3 percent or greater for 6 straight months. The last time wage growth reached this level was in 2009. Median household income is at an alltime high. U.S. manufacturing has rebounded. The Wall Street Journal reported on Friday: America's factories are hiring again. After years of job losses, U.S. manufacturing employment has risen for 18 straight months among those holding production or nonsupervisory jobs, the longest stretch of gains since the mid-1990s. That is from the Wall Street Journal. The list goes on. The economic growth we are experiencing is the direct result of Republican policies.…
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John Thune
Republican · South Dakota

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