Strong Employment and Booming Economy Leave Dems Unimpressed

 In Economy

The news out of the United States economy on Friday was amazing – the unemployment rate is down to 3.8%, the lowest it’s been in 18 years, from the addition of 223,000 jobs in May. The economy is booming, having been rid of excessive regulations forced on businesses by the previous administrations. Tariffs on steel have allowed the steel industry to rehire workers. Industries that were left to die like Coal have been given a breath of life. But Democrats are in the pooh-pooh business and their flunky, Nancy Pelosi is not impressed.

Black unemployment is at an all-time low at 5.9%. Women’s unemployment numbers fell to 3.9%, the lowest since 1953, according to Fox News Insider. Average hourly wages for private, nonfarm workers moved up to$26.92, according to Breitbart.

booming economy

But Nancy Pelosi, who often forgets who is President, (or what planet she’s on), wrote in a statement that those numbers don’t mean much. She wrote in part:

“May’s jobs report shows that strong employment numbers mean little to the families hit with soaring new costs under the Republicans’ watch.

“Republicans’ cruel, cynical health care sabotage campaign is already spiking families’ premiums by double digits and pushing millions off their coverage, according to the nonpartisan CBO.  Big Pharma continues to hoard the benefits of the GOP tax scam, using their handouts to further enrich executives and shareholders instead of lowering prescription drug costs for seniors and sick kids.  At the same time, the President’s reckless policies are exploding gas prices, wiping out the few meager gains that some families should have received from the GOP tax scam, as wages remain stagnant.

“From day one, the White House and Republicans in Congress have sold out working and middle class families to further enrich the wealthy and big corporations shipping jobs overseas.  Thanks to the massive windfall of the GOP tax scam, Wall Street and wealthy corporations are on track to spend $1 trillion on dividends and stock buybacks while simultaneously announcing tens of thousands of layoffs and shipping jobs overseas and refusing to raise workers’ wages.”

OK, let’s do a little fact checking. Republicans don’t have a “cruel cynical health care sabotage” – Obamacare has not been fully repealed, thanks to Democrats blocking the action. THAT’s why the premiums keep going up.  Everyone’s premiums keep rising because that ridiculous and ” yes, “cruel” law is still in effect. It’s a holdover from Obama’s watch, not Trump’s.

We can agree with her that gas prices are ridiculously high, but if were a betting person, I’d bet that Trump has a plan to fix it. After we pulled out of the Iran deal, prices went up…even though America doesn’t get its oil from Iran… in other words it’s artificially raised.

She has dissed the Tax changes because to her, bonuses to workers are of no consequences and are just “crumbs.” Thousands of American workers have been rehired or hired, and some have received huge bonuses that have provided much needed relief. Relief they could never get under Obama, who forced businesses out of the United States and overseas, and actually shuttered many industries entirely in his “globalist” (aka, socialist) efforts.

So no, Trump hasn’t “sold out” middle class families, he has increased their strength. His plan to reduce drug prices is due out  soon as well.  The Democrats constant mantra of the “wealthy corporation” and big bad businesses is a lie from the beginning- they are the employers, the ones who make or break the economy. And Obama shut them down in his effort to control every aspect of America.

Pelosi spews the Democrat party line. We’ve already seen what it did to America for 8 years. They don’t have a plan, they have panic. Frankly it doesn’t matter that the President isn’t “politically correct” or that he doesn’t like CNN or the mainstream “fake news.” He gets results.

 

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