Senator Ron Johnson (WI) made the following statement today after the Bureau of Economic Analysis released its estimate of Gross Domestic Product for the second quarter of 2012:
"The miserable growth rates we are experiencing should not come as a surprise to anyone. Until consumers and job creators see real leadership in Washington that understands that growing government and debt is not the solution, uncertainty will remain high and confidence low. We need to make the American economy an attractive place for business expansion and job creation. The solution lies in reducing regulatory burdens, enacting pro-growth tax reforms, using America's energy resources, and seriously addressing our long term debt and deficits. I hope that President Obama eventually recognizes that his plan has not worked."