U.S. economic growth continues, recession pundits proven wrong again

Oct. 30, 2019, Fairfax, Va.—Americans for Limited Government President Rick Manning today issued the following statement reacting to the latest GDP numbers from the Bureau of Economic Analysis showing a 1.9 percent inflation-adjusted increase in economic growth in the third quarter of 2019:

“The Recessionistas have been proven wrong yet again as the economy continues to sustainably grow in the third quarter by 1.9 percent. While this growth rate is not spectacular, it’s not horrible either and in view of the perpetually wrong economic pundits’ gloom and doom prognostications, it should be viewed as a repudiation of those who attempted to talk down the Trump economy.

“Fewer Americans are unemployed right now than at any time since 2000, and the unemployment rate is lower than at any time in the past 50 years. Americans are working, wages are on the rise, and the only people unhappy are the Never Trumpers and those with Trump derangement syndrome who are perpetually mad.”

Interview Availability: Please contact Americans for Limited Government at 703-383-0880 ext. 1 or at media@limitgov.org to arrange an interview.