Topics
Administration
Congress
Democrats
Elections
Ethics
Governor -- Alabama
Governor -- Alaska
Governor -- Arizona
Governor -- California
Governor -- Colorado
Governor -- Connecticut
Governor -- Delaware
Governor -- Florida
Governor -- Georgia
Governor -- Hawaii
Governor -- Illinois
Governor -- Indiana
Governor -- Iowa
Governor -- Kentucky
Governor -- Louisiana
Governor -- Maryland
Governor -- Massachusetts
Governor -- Michigan
Governor -- Minnesota
Governor -- Missouri
Governor -- Montana
Governor -- Nevada
Governor -- New Hampshire
Governor -- New Jersey
Governor -- New Mexico
Governor -- New York
Governor -- North Carolina
Governor -- North Dakota
Governor -- Ohio
Governor -- Oregon
Governor -- Pennsylvania
Governor -- Rhode Island
Governor -- South Carolina
Governor -- Texas
Governor -- Utah
Governor -- Vermont
Governor -- Virginia
Governor -- Washington
Governor -- Wyoming
Governors
Health Care
House
House -- Alabama -- 02
House -- Alabama -- 03
House -- Alabama -- 05
House -- Alaska
House -- Arizona -- 01
House -- Arizona -- 03
House -- Arizona -- 05
House -- Arizona -- 08
House -- Arkansas -- 01
House -- Arkansas -- 02
House -- California -- 04
House -- California -- 12
House -- California -- 26
House -- California -- 32
House -- California -- 50
House -- Colorado -- 02
House -- Colorado -- 04
House -- Connecticut -- 04
House -- Connecticut -- 05
House -- Florida -- 06
House -- Florida -- 08
House -- Florida -- 13
House -- Florida -- 15
House -- Florida -- 16
House -- Florida -- 18
House -- Florida -- 19
House -- Florida -- 21
House -- Florida -- 24
House -- Florida -- 25
House -- Georgia -- 05
House -- Georgia -- 10
House -- Georgia -- 12
House -- Idaho -- 01
House -- Illinois -- 01
House -- Illinois -- 03
House -- Illinois -- 05
House -- Illinois -- 06
House -- Illinois -- 10
House -- Illinois -- 11
House -- Illinois -- 14
House -- Illinois -- 18
House -- Indiana -- 03
House -- Indiana -- 07
House -- Indiana -- 09
House -- Iowa -- 03
House -- Iowa -- 04
House -- Kansas -- 02
House -- Kentucky -- 02
House -- Kentucky -- 03
House -- Louisiana -- 01
House -- Louisiana -- 02
House -- Louisiana -- 04
House -- Louisiana -- 06
House -- Maine -- 01
House -- Maryland -- 01
House -- Maryland -- 04
House -- Massachusetts -- 05
House -- Michigan -- 01
House -- Michigan -- 07
House -- Michigan -- 09
House -- Michigan -- 13
House -- Minnesota -- 01
House -- Minnesota -- 03
House -- Minnesota -- 06
House -- Mississippi -- 01
House -- Mississippi -- 03
House -- Missouri -- 09
House -- Nevada -- 02
House -- Nevada -- 03
House -- New Hampshire -- 01
House -- New Hampshire -- 02
House -- New Jersey -- 03
House -- New Jersey -- 05
House -- New Jersey -- 07
House -- New Mexico -- 01
House -- New Mexico -- 02
House -- New York -- 13
House -- New York -- 15
House -- New York -- 20
House -- New York -- 21
House -- New York -- 23
House -- New York -- 24
House -- New York -- 25
House -- New York -- 26
House -- New York -- 29
House -- North Carolina -- 03
House -- North Carolina -- 08
House -- North Carolina -- 10
House -- North Dakota
House -- Ohio -- 01
House -- Ohio -- 02
House -- Ohio -- 05
House -- Ohio -- 07
House -- Ohio -- 10
House -- Ohio -- 15
House -- Ohio -- 16
House -- Oklahoma -- 05
House -- Oregon -- 05
House -- Pennsylvania -- 03
House -- Pennsylvania -- 04
House -- Pennsylvania -- 06
House -- Pennsylvania -- 10
House -- Pennsylvania -- 11
House -- Pennsylvania -- 12
House -- Pennsylvania -- 15
House -- South Carolina -- 01
House -- South Carolina -- 02
House -- South Carolina -- 05
House -- South Dakota
House -- Tennessee -- 07
House -- Tennessee -- 08
House -- Tennessee -- 09
House -- Texas -- 07
House -- Texas -- 10
House -- Texas -- 14
House -- Texas -- 22
House -- Utah -- 03
House -- Virginia -- 01
House -- Virginia -- 05
House -- Virginia -- 09
House -- Virginia -- 11
House -- Washington -- 08
House -- West Virginia -- 02
House -- Wisconsin -- 08
House -- Wyoming
Inauguration 2009
International
Issues
Judiciary
Local Elections
Media
Miscellaneous
Morning Thoughts
Politics Weekly
Polls
Rankings
Republicans
Senate
Senate -- Alaska
Senate -- Arizona
Senate -- Arkansas
Senate -- California
Senate -- Colorado
Senate -- Connecticut
Senate -- Delaware
Senate -- Florida
Senate -- Georgia
Senate -- Idaho
Senate -- Illinois
Senate -- Indiana
Senate -- Iowa
Senate -- Kansas
Senate -- Kentucky
Senate -- Louisiana
Senate -- Maine
Senate -- Massachusetts
Senate -- Minnesota
Senate -- Mississippi
Senate -- Missouri
Senate -- Montana
Senate -- Nebraska
Senate -- Nevada
Senate -- New Hampshire
Senate -- New Jersey
Senate -- New Mexico
Senate -- New York
Senate -- North Carolina
Senate -- North Dakota
Senate -- Ohio
Senate -- Oklahoma
Senate -- Oregon
Senate -- Pennsylvania
Senate -- South Carolina
Senate -- South Dakota
Senate -- Tennessee
Senate -- Texas
Senate -- Utah
Senate -- Virginia
Senate -- Wisconsin
Senate -- Wyoming
Sports
Supreme Court
WH 08
WH 08 -- Democrats
WH 08 -- Republicans
WH 12
WH 12 -- Republicans
White House

 

« Dear Virginia, Please Vote For Creigh Deeds | Blog Home Page | Christie: Corzine "Wusses Out" On Fat Ads »

Romer Hails GDP Growth

The White House has released this statement from Christina Romer, chair of the president's Council of Economic Advisers, reacting to news this morning that the GDP grew 3.5 percent in the third quarter.

"Data released today by the Commerce Department show that real GDP grew at an annual rate of 3.5 percent in the third quarter of the year. This is in stark contrast to the decline of 6.4 percent annual rate just two quarters ago. Indeed, the two-quarter swing in the rate of growth of 9.9 percentage points was the largest since 1980. Analysis by both the Council of Economic Advisers and a wide range of private and public-sector forecasters indicates that the American Recovery and Reinvestment Act of 2009 contributed between 3 and 4 percentage points to real GDP growth in the third quarter. This suggests that in the absence of the Recovery Act, real GDP would have risen little, if at all, this past quarter."

"After four consecutive quarters of decline, positive GDP growth is an encouraging sign that the U.S. economy is moving in the right direction. However, this welcome milestone is just another step, and we still have a long road to travel until the economy is fully recovered. The turnaround in crucial labor market indicators, such as employment and the unemployment rate, typically occurs after the turnaround in GDP. And it will take sustained, robust GDP growth to bring the unemployment rate down substantially. Such a decline in unemployment is, of course, what we are all working to achieve."