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riversedge

(70,242 posts)
Fri Jun 1, 2018, 03:55 PM Jun 2018

Pelosi: statement on jobs report-- numbers mean little to the families hit with soaring new costs un

Wages are stagnant.

Nancy Pelosi
‏Verified account @NancyPelosi
6h6 hours ago

The #JobsReport shows that strong employment numbers mean little to the families hit with soaring new costs under the Republicans' watch.







Press Releases 06.01.18
Pelosi Statement on May Jobs Report

San Francisco – Democratic Leader Nancy Pelosi issued this statement after the Department of Labor reported that workers’ wages increased just 0.3 percent in May:

“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.


“Democrats know that the American people deserve A Better Deal, with Better Jobs, Better Wages and a Better Future. We are committed to creating millions of new good-paying jobs and raising wages, lowering the soaring cost of living for families and giving every American the tools to succeed in the 21st Century economy. Democrats will never stop fighting for the hard-working middle class families who are the backbone of our nation.”
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Pelosi: statement on jobs report-- numbers mean little to the families hit with soaring new costs un (Original Post) riversedge Jun 2018 OP
Numbers mean nothing now. Iliyah Jun 2018 #1
That's what I'm talking about! Go Nancy! ffr Jun 2018 #2
No mention of inflation CountAllVotes Jun 2018 #3
It's only going to get worse as long as republicans retain power. smirkymonkey Jun 2018 #4

ffr

(22,670 posts)
2. That's what I'm talking about! Go Nancy!
Fri Jun 1, 2018, 04:03 PM
Jun 2018

Near full employment, yet wages stagnate. Why is that?

No, this is another temporary Republican auction bubble that's going to burst just like before and the time before that and before that. And when it does, lots of paper wealthy republicans are going to be staring at empty investments and little or no retirement like the rest of us. Democrats will have to be elected to rebuild everything that was broken and to restore trust, just like before and the cycle will continue.

 

smirkymonkey

(63,221 posts)
4. It's only going to get worse as long as republicans retain power.
Fri Jun 1, 2018, 06:53 PM
Jun 2018

There is no place for the poor and middle class to go but down. They will never allow us a break. EVER.

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