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releases: https://brooks.house.gov/media-center/news-releases/boom-331-annualized-gdp-growth-spurred-gop-governors-limiting-or-ending-0

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Data license: MIT · Data source: dwillis/congress-press

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url title date year month party chamber state member_name bioguide_id domain scraper source date_source text has_text collected_at updated_at
https://brooks.house.gov/media-center/news-releases/boom-331-annualized-gdp-growth-spurred-gop-governors-limiting-or-ending-0 Boom! 33.1% Annualized GDP Growth Spurred by GOP Governors Limiting or Ending Shutdowns 2020-10-29 2020 2020-10 Republican Senate AL Mo Brooks B001274 brooks.house.gov     legacy Washington, DCThursday, Congressman Mo Brooks (AL-05) celebrated the U.S. Bureau of Economic Analysis' report that America's economy grew at a record 33.1% annualized rate in the 3rdquarter.[1] Congressman Brooks said,The American economy grew at an astounding 33.1% rate in the 3rd quarter, the best ever! That's huge! 33.1% is nearly twice America's 1950 quarterly economic growth record.[2] Per the White House Council of Economic Advisors, America has recovered two-thirds of the economic decline caused by dangerous city and state government shutdowns. It certainly has helped that the federal government has stopped paying people $600/week to NOT work! Brooks continued,President Trump said last month that the economic recovery from government-imposed economic shutdowns would be V-shaped.'[3] He's right! After a 31.4% GDP decrease in the 2ndquarter caused by the economic depressant effects of Mayor and Governor shutdowns, coupled with paying people more to stay home than work, the American economy took off like a rocket. It's encouraging to see such resilience in the American economy and the American people. But it's frightening that there are so many candidates across America who want to return to even more draconian government shutdowns and want to pay even more people more money not to work. Quite clearly, America's economic future is on the ballot this Tuesday. Prosperity or poverty. The voters will soon decide. ### [1]https://www.bea.gov/data/gdp/gross-domestic-product [2]https://www.cnbc.com/2020/10/29/us-gdp-report-third-quarter-2020.html?__source=twitter%7Cmain [3]https://www.cnbc.com/2020/10/16/trump-touts-v-shaped-economic-recovery-while-biden-sees-it-k-shaped.html 1 2026-03-30T12:14:52Z 2026-03-30T12:14:52Z
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