Ranking Member Carolyn Maloney, House Minority Whip Steny Hoyer, and Dr. Alan Blinder held a telephone press conference on Dr. Blinder's paper which says that the superior economic performance under Democratic presidents holds “almost regardless of how one measures performance.”
“The numbers released by the U.S. Census Bureau today prove that the U.S. economy is strong and growing even stronger. President Barack Obama and Congressional Democrats have done an incredible job of pulling this country out of the enormous hole that the President inherited."
Ranking Member Maloney called for improving long-term economic growth by investing in education and infrastructure. “History is instructive,” she said. “Investing in broad-based economic growth was at the core of America’s success in the decades after World War II.”
According to the report, private-sector employment increased in 37 states and the District of Columbia in the month of July, and the unemployment rate fell in 14 states. Over the year ending in the first quarter of 2016, 43 states and the District of Columbia saw an increase in their inflation-adjusted GDP.