Mitch McConnell’s Spinning Tales 1 Day Into the Session

On January 7, 2015 — one day into the new session — Senator Mitch McConnell said on the floor of the Senate: “After so many years of sluggish growth, we’re finally starting to see some economic data that can provide a glimmer of hope. The uptick appears to coincide with the biggest political change of the Obama administration’s long tenure in Washington: The expectation of a new republican congress.”

DNC Communications Director Mo Elleithee had this response:

“Hahahahahahahahahahaha. That Mitch McConnell is one funny guy. He likes to remind people all the time that he’s not a scientist. Now we know he’s not a mathematician or an economist either. The fact is, under President Obama we’ve had 57 straight months of private sector job growth leading to nearly 11 million jobs added. All Republicans have given us is a government shutdown that cost the economy $24 billion. I get why he wants to take credit for the economic recovery. But maybe he should first do something to help contribute to it.”

Here are the facts:

· The US has had 57 straight months of private sector job growth, adding nearly 11 million jobs. [White House, 12/5/14]
· In the third quarter of 2014 the GDP rose an astonishing 5.0%. [Business Insider, 12/23/14]
· Gas prices are headed to their lowest levels in 11 years which is expected to save the average American family $550 next year. [, 12/16/14].
· In November, we saw the highest single month of job creation in three years. [Business Insider, 12/5/14]
· The unemployment rate is at its lowest level since 2008, before President Obama took office. [USA Today, 11/7/14]
· Consumer confidence has reached a seven-year high. [Bloomberg, 12/18/14]