FreedomWorks Statement on US 4.1 Percent Q2 GDP Growth

WASHINGTON, D.C.– In response to the Bureau of Economic Analysis’ report that US GDP growth exceeded 4.1 percent in quarter two of 2018, Adam Brandon, FreedomWorks President, commented:

“Thanks to President Trump and the GOP, the American economy is booming with greater than four percent economic growth. American consumer confidence is high, unemployment is low, and America is finally open for business again. It’s amazing what cutting taxes and bureaucratic red tape can do.”

“For eight long years, the Obama Administration’s economic advisors, along with a host of pundits, called the United States’ lackluster and sub-par economic growth ‘the new normal.’ They claimed that Americans would have to get used to anti-growth policies and regulations. They claimed that the United States would never again hit growth in excess of four percent. Today’s report shows that, as with many things, their claims were dead wrong.”