‘Barely Discernible’ GDP Growth in First Quarter

Apr 30, 2014

For three straight days in Washington it’s been raining, and for three straight days the weather has echoed how Democratic policies have fared in the press and public opinion polls. Economic reports show first quarter GDP growth slowed “to a barely discernible 0.1 percent annual rate.” This is the weakest quarter since the end of 2012, according to the Associate Press.

American’s can feel the effects of that nearly imperceptible growth as yesterday’s devastating Post/ABC News poll and today’s WSJ/NBC news poll report that only 42 percent of Americans approve of the president’s handling of the economy. The Post/ABC poll also showed that only 28 percent think the economy is improving.

Six years into the Obama presidency the economy is still limping along. Anti-growth policies like Obamacare and the Democrat’s continual opposition to the job-making Keystone XL pipeline are hurting everyday Americans who are just trying to get by. Adding to the hardship, the President’s laborious recovery is built on low-wage jobs, which account for 44 percent of job growth since the recession though such positions made up only 22 percent of jobs lost.

It’s time for real change that offers Americans more than empty rhetoric, broken promises, and false assurances. Republicans will continue to push for pro-job and pro-growth solutions so that America does not have to endure another quarter of 0.1 percent growth.