The U.S. economy has outperformed expectations, growing at a rate of 3.3% in the last quarter of 2023 and avoiding a forecasted recession. This growth has been attributed to strong policies and investments by Democrats, as highlighted by various lawmakers and commentators. The economy's performance is bolstered by the highest oil production in history, a ramp-up in renewable energy, and a wealthier young population. The labor market remains robust, with low unemployment rates despite high interest rates. Additionally, there is a focus on the right to unionize, with some lawmakers expressing support for trade unions and the right to organize. Investments in affordable housing and agriculture are also noted, with federal funding secured for housing developments and discussions on the Farm Bill underway. The Biden administration's focus on the middle class and labor, along with bipartisan efforts in Congress, are seen as drivers of the economic success.
As other major developed countries are struggling with inflation, the American economy is moving in the right direction with strong growth, reduced inflation & record low unemployment. All thanks to investments Democrats made last Congress & @POTUS’s strong economic policies. https://t.co/N4fvAjrvhX
The economy grew 3.1% last year—beating forecasts of a recession and stronger than during the Trump Administration. Thanks @POTUS.
Last week I got to meet with the @ArvadaChamber & members of the Arvada business community. Small businesses are the backbone of communities like Arvada & I'm working in Congress to support them, especially as they continue to recover from the economic fallout from the pandemic. https://t.co/UgxdiYi9Nj
ICYMI: Our economy grew at a strong pace of 3.3% in the final quarter of 2023. Democrats passed policies that put job creation and the middle class first. As a result, we avoided a recession, and our post-pandemic recovery is stronger than ever.
Thank you, @ActSecJulieSu, for visiting New Haven and for being a leading champion for American workers, families, and the middle class. Together, we will continue to fight for workers—because when workers win, America wins. https://t.co/YvL8HevDxk https://t.co/E7JveA1uXg
Finally, we held a roundtable with small businesses, advocates, & elected officials on the need to pass the #FAMILYAct to create a national paid family & medical leave program. @ActSecJulieSu & @USDOL work tirelessly to ensure workers get the leave they are entitled to by law. https://t.co/7yEFe0GF9w https://t.co/E8VlDNesTz
Beating last year’s expectations and growing our economy from the middle out and the bottom up. https://t.co/zSwiTa5qlF
In 2023, our economy grew 3.1% while creating 2.7 million jobs. In fact, the US economy recovered faster from the pandemic than any other country. I will keep fighting to lower costs and create good-paying jobs for South Texas families. https://t.co/0wY8DgWgr4
First, @ActSecJulieSu & I met with Connecticut labor leaders to talk about the resurging labor movement in America & how Congress and @USDOL can continue to fight for workers' rights. @POTUS has proudly been our most pro-labor president and @ActSecJulieSu is leading the way. https://t.co/cMVX8bNusN https://t.co/i7yVcOoxTl
This week @ActSecJulieSu visited New Haven to discuss how @USDOL is supporting workers, investing in our children's future, and creating a more equitable workforce. She is a champion of American workers & is at the tip of the spear in ensuring our economy grows the middle class. https://t.co/OfICsrRITL
Leader Jeffries: Wages are up, gas prices are down, the stock market is up, inflationary pressure is down, small businesses are being created at record numbers and more than 14 million good-paying jobs have been brought about during the Biden economy. https://t.co/MzVTsOGngN
The U.S. economy “is outperforming all of its major trading partners. Since 2020, the United States has powered through a once-in-a-century pandemic, the highest inflation in 40 years and fallout from two foreign wars.” https://t.co/dfcoPbqu82
No one should die because they cannot afford medical care. We need to pass Medicare for All and finally guarantee healthcare as a human right.
Not only did the economy avoid recession in 2023, as widely feared, the economy had a stellar year. The latest evidence is the just released Moody’s repeat sales house price index for December. Prices are up 5% from a year ago and almost 50% since just prior to the pandemic. https://t.co/DYiQZyk762
Proud to announce a significant federal investment that I secured for another affordable housing development in CA-19. Glad that the federal government is playing its part in our all-hands-on-deck effort to tackle the housing crisis. https://t.co/cWKsebREOV
The US economy grew at a faster rate than expected in the Q4, capping off a year many expected to end in recession with one final economic surprise. The GDP showed the economy grew at an annualized pace of 3.3% during the period, faster 2% forecasted. https://t.co/FUWF016bjC
In the United States, despite lingering consumer angst over inflation, the surprisingly strong economy is outperforming all of its major trading partners. https://t.co/sT7bYjrlJA
Falling inflation, rising growth give U.S. the world’s best recovery. After posting faster annual growth last year than in 2022, the U.S. economy is quashing fears of a new recession while offering lessons for future crisis-fighting, by @davidjlynch https://t.co/nzF8ntT2XS
🌟Falling inflation, rising growth give U.S. the world’s best recovery. @washingtonpost https://t.co/uHk6Vg9QI8
Last quarter, the economy grew at 3.3%, meaning the United States is leading the world in economic growth with more jobs, growing wages and stronger consumer spending. This is what's possible when you invest in working families, not the top 1 percent. https://t.co/Jw0sq1Dmuw
We had a great roundtable with @Senlaphonza and @fcfb_ag. This roundtable brought productive discussions about the Farm Bill and the challenges faced by the farming communities in the Valley. We look forward to working together and advocating for California agriculture. https://t.co/L6FJ2oJxEm
Falling inflation, rising growth give U.S. the world’s best recovery https://t.co/SJGSoKhfoy --President Biden does deserve lots of credit for this. Look at China as the other extreme: massive repression with the economy crumbling
We can use the tax code to incentivize the construction of millions of new, affordable homes. Proud to support bipartisan legislation to make this vision a reality and lower the cost-of-living. https://t.co/FtYKNj35G7
Recent bipartisan bills we got over the line in Congress are bringing serious federal investment to eastern CT – growing our workforce, creating jobs, and supporting working families. I joined @ChamberECT to discuss the wins and work ahead to overcome challenges in our region. https://t.co/Qe2g9gw03x
Our economy continues to show incredible strength as our economic growth outpaces all peer countries. Inflation is high but coming down, the labor market remains strong, and we’re getting building a stronger future for all. https://t.co/3Eto8i8Niw
Falling inflation, rising growth give U.S. the world’s best recovery https://t.co/ijmJpQnx3l
For months now, the economy has been much stronger than political coverage — and therefore, public polling — has suggested, @JRubinBlogger writes. https://t.co/NzPoN0L4fJ
There was great food 🥩and company at the Guthrie County Cattlemens Association tonight! Thanks for having me for a discussion on the Farm Bill and critical priorities for our state! https://t.co/ocC41UoDiC
Great crowd at the Saunders County Livestock and AG Association Banquet. NE is an AG state, and I am honored to serve on the AG Committee. I was raised on the farm until I joined the AF, and I greatly appreciate the AG producers who feed our country. https://t.co/bi3JcNzSMj
Great crowd at the Saunders County Livestock and AG Association Banquet. NE is an AG state, and I am honored to serve on the AG Committee. I was raised on the farm until I joined the AF, and I greatly appreciate the AG producers that feed our country. https://t.co/TxCWqnNCOs
This week, I met with the Merced County Association of Realtors to discuss their policy priorities. Addressing the housing crisis is one of my top priorities, and the Merced County Association of Realtors has been instrumental in increasing housing opportunities in the Valley. https://t.co/BCcIXftkgj
Unions deliver for our workers, and they make it possible for them to build their lives, support their families, and create a better future for their kids. That's why I will always stand by our workers and fight for their right to organize for the fair contracts they deserve. https://t.co/XhxyW4xDBl
On many metrics, the economy has been doing remarkably well, @crampell writes: https://t.co/3dSozzJbVs
The U.S. economy grew at a 3.3% pace in the last quarter of 2023, surprising experts & avoiding a forecasted recession. See how U.S. media are covering this story in this time-limited brief, available for the next 7 days. #useconomy #NarrativeIntelligence https://t.co/zNwnbc1d7D https://t.co/6rBfCxZAkB
Agriculture operations are vital to the success of many of our communities in West Virginia and across the United States. I will continue to advocate for the inclusion of our state’s priorities in the upcoming Farm Bill. https://t.co/7NNveks9Bk
Together with @POTUS, House Democrats are building an economy that works for everyone. We’re investing in America, growing the middle class, and finally making big corporations pay their fair share.
This is a very big step towards passing a bipartisan budget, protecting the economy and workers, and bringing millions in investments back home. https://t.co/fhrA5gHn0x
Every worker should have the right to unionize. I am deeply proud that my office was one of the first to vote to unionize in Congress. It’s time we guarantee that right to every worker in the United States.
The middle class built America. Labor built the middle class. And the union guys I met in Superior, Wisconsin are helping build the future of their region. https://t.co/QWEv4mGYVB
Under @POTUS, @VP, and Democrats' leadership, the economy has and continues to grow. This is the result of putting working families first and growing the economy from the middle out. We're moving in the right direction and Democrats will keep building on this progress. https://t.co/QMXImR2kb4
Last I checked 1) stock market at all-time highs 2) GDP growth exceeding expectations 3) unemployment near historic lows, all despite high interest rates. The @JoeBiden economy is doing pretty damn well. Need to solve border and improve working class wages, but way better than… https://t.co/J3QQqUDvOB
Today I joined many Nebraskans gathered at our state capitol to stand up for the most fundamental right of all—the right to life. I remain committed to upholding the dignity of the unborn and ensuring expectant mothers acutely in need have access to options and support. https://t.co/G90gB7C0Nl
An incredible crowd of passionate and dedicated Nebraskans at March for Life in Lincoln today. Proud that Nebraska is a pro-life, pro-mom & pro-family state! https://t.co/hyh3xWV5WS
Great to highlight federal investment in a local project for more affordable housing. This project demonstrates the power of partnerships at all levels of government to solve problems for the people we serve. https://t.co/HpyNuuzdWN
.@SecYellen gets in: child care is key to America's overall economic success. If parents can't find and afford care, they can't work, and they can't get ahead. Democrats are committed to building a system that finally works for working families. https://t.co/hHN0CTBw1a
Today Nebraskans will gather at our state capitol to support the most fundamental right of all—the right to life. In the Senate, I will always defend that right to protect mothers and their unborn children.
The best economy since the '90s? Good one from @awealthofcs showing things are much better than we keep hearing. https://t.co/QCllaYZTfk
America's economy is firing on all cylinders, we're producing more oil than any country in history while also ramping up renewables, and our young people are wealthier than ever before. https://t.co/ryRQZdgkmd
Solidarity to the Trade Unions fighting for what should be a basic human right ! The legal right to withdraw your Labour. ✊️✊️✊️ https://t.co/nPE6OpY4dt