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Joint Economic Committee Democrats

Press Center

Mar 17 2016

Data Show GDP, Jobs Grow Faster Under Democratic Presidents

By virtually every major measure of economic achievement, the economy has performed better during recent Democratic administrations than during Republican ones, according to a short report released Thursday by JEC Democrats.

Mar 04 2016

Maloney Echoes Warren Buffett: Don't Bet Against America

February Jobs Report Extends Record Streak of Job Growth

Congresswoman Maloney says: “The jobs indicator arrow continues to point skyward. The creation of 230,000 jobs last month is ample evidence that, as Warren Buffett says, you shouldn’t bet against America... This record of consistent growth, however, does not mean our work is done. We know that many Americans are still struggling to regain the economic status they held before the Great Recession. That’s why Congress should step in to help the economy grow even more by investing in infrastructure, coming to grips with our broken immigration system, increasing the minimum wage and making higher education more affordable."

Mar 04 2016

Maloney Issues Response to Economic Report of the President

JEC Ranking Member Maloney releases the Democratic response to the “Economic Report of the President”. The annual report and the committee’s response are required by statute.The Democratic portion of the report puts the seven-year recovery in context, demonstrating how it has taken place in the wake of the worst economic catastrophe since the Great Depression. The response also contains a macroeconomic overview, a section on the global economy, a discussion of long-term economic challenges and appropriate policy solutions.

Feb 18 2016

Fashion Industry Creates High-Value Jobs Across the U.S.

From Big Cities to Small Cities, Fashion Jobs Are Economic Drivers

As the 2016 Fall/Winter Fashion Week winds down in New York City, a new report released Thursday by JEC Ranking Member Maloney found that the multi-trillion dollar industry employs 1.8 million people nationwide in jobs that include designers, market research analysts and computer systems developers. These high-value, high-paying jobs spark innovation, raise productivity and benefit other industries in the same geographic area.

Feb 09 2016

Maloney Hails President's Forward-Thinking 2017 Budget

JEC Ranking Member Maloney said Tuesday the President’s Fiscal Year 2017 budget proposal "embodies the best of what America can be. The plan puts the middle class first with investments that ensure everyone has a chance at economic opportunity and security.

Feb 05 2016

Jobs Report Demands Focus on the Middle Class

Ranking Member Maloney on the latest Department of Labor jobs report, showing the economy added 158,000 jobs in January and the unemployment rate edged down to 4.9 percent, for the 71st consecutive month of private-sector job growth:
“The pace of job creation in January and the slight dip in the unemployment rate are welcome news given the turbulence of the global economy and the financial markets. Inflation remains low, wages are starting to pick up and gasoline is relatively cheap. But still-struggling American families could use some help from Congress, which has done so little to reinforce the economic gains we have made since the depths of the Great Recession..."