WASHINGTON, DC-House Majority Whip James E. Clyburn today issued the following statement on the positive GDP report which shows the U.S. economy grew 5.7 percent in the last quarter of 2009, the fastest pace in six years.
“Our economy’s robust expansion last quarter is encouraging news and an affirmation of the economic agenda of President Obama and Congress. Thanks to the American Recovery and Reinvestment Act, around 2 million jobs have been saved or created, businesses are growing their operations and the economy is expanding.
“Despite this positive news, my colleagues and I fully understand that our work is not over. Unemployment is still hovering at over ten percent and many other Americans are unemployed, underemployed or have given up looking for work all together. Job creation is our top priority, that’s why in December, the House passed the Jobs for Main Street Act with investment in small business assistance, retaining police, firefighters and teachers and rebuilding America’s infrastructure-which will create jobs that can’t be shipped overseas. We will work with the President and our colleagues in the Senate to Senate to make this jobs bill law.”