Rep. Fattah Calls Out Fox's Brit Hume As Illiterate on Economic Good News

WASHINGTON, April 5 /PRNewswire-USNewswire/ -- Congressman Chaka Fattah (D-PA), Chairman of the Congressional Urban Caucus, issues the following statement on the upturn in the U.S. economy, and on unfair criticism of that news:

"The United States economy is turning the corner, with the strongest job-growth in years and more good news today in housing and the service sector – but not if you're tunnel-visioning Brit Hume and Fox Republican News.

"Hume went on TV Sunday to accuse the Obama Administration of 'economic illiteracy' and to take a swat at the Recovery program as 'remarkably ineffective.'

"But the illiteracy seems to be all on Hume's part – he's obviously not reading the latest indicators or hearing the words of former Federal Reserve Chairman Alan Greenspan, White House economic advisor Larry Summers or Christine Romer, chairwoman of the Council of Economic Advisors.

"There are reports today that the service sector of the economy grew at its greatest rate in two years, and housing indicators are up. That's on the heels of a report that the economy added 162,000 jobs last month, including 123,000 in the private sector – the best in three years. More Americans are looking for jobs, indicating an optimistic outlook.

"Greenspan says 'momentum is building up' and this is 'just the beginning.' Summers sees job creation underway and ready to 'accelerate.' Romer says 'we've now crossed the zero line and are positive.'

"President Obama and his far-sighted Recovery and Reinvestment program are clearly paying dividends as his administration cleans up an inherited mess. Americans are hearing the news and responding."

SOURCE Office of Congressman Chaka Fattah

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED