Congresswoman Carolyn B. Maloney, Chair of the Joint Economic Committee (JEC,) released the following statement following the announcement that GDP rose 3.5% in the third quarter of 2009. 

“Today’s GDP number provides concrete evidence of the wisdom of the Recovery Act and the positive effect it has had on the economy in just eight short months.  At today’s hearing of the Joint Economic Committee, leading economists agreed that without economic policies like the Recovery Act, the growth we are beginning to see would not yet be possible.  But we are not out of the woods quite yet.  The stimulus has helped Americans in need weather the storm, but we must do more to get people back to work.”

 

- Congresswoman Carolyn B. Maloney, Chair of the Joint Economic Committee