Contact: Caroline Rabbitt (202) 224-2353
Washington, D.C.- Senator Tom Cotton (R-Arkansas) today released the following statement on the Commerce Department's announcement that GDP grew by an annualized rate of .5 percent in the First Quarter:
"Stagnant growth and trillions of dollars in debt are the hallmarks of the Obama economy. While Barack Obama was elected near the end of a recession, under his presidency we have had the worst ‘recovery' in American history. Washington, DC and Wall Street have done well - but the rest of America has been stuck with stagnant, if not declining, wages, record low workplace participation, increasing health care costs, and businesses being destroyed faster than they are created. President Obama's legacy is likely to make the Carter years look rosy by comparison. It's no wonder presidential candidates of both parties are running against the disastrous economy of the last 8 years."