Tags: house minority leader nancy pelosi | jobs report | republican policies

Pelosi on Jobs Report: 'Strong Employment Numbers Mean Little'

Pelosi on Jobs Report: 'Strong Employment Numbers Mean Little'
(AP)

By    |   Saturday, 02 June 2018 02:18 PM

House Minority Leader Nancy Pelosi found little to celebrate in the strong jobs report numbers released Friday, saying "strong employment numbers mean little" in light of increased costs to families, for which she blamed Republican policies, the Washington Free Beacon reported Saturday.

"May's jobs report shows that strong employment numbers mean little to the families hit with soaring new costs under the Republicans' watch," Pelosi said in a statement.

"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," Pelosi continued.

The U.S. Dept. of Labor jobs report showed a 223,000 increase in nonfarm payroll employment and an unemployment rate down to 3.8 percent. The report said employment was trending upward in industries including retail trade, healthcare and construction.

"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," Pelosi said, blaming the GOP tax reform law.

"Democrats know that the American people deserve A Better Deal, with Better Jobs, Better Wages and a Better Future," she continued, stressing Democrats were committed to "millions of new good-paying jobs and raising wages."

White House chief economic adviser, Larry Kudlow, said Friday the strong numbers in the jobs report showed his belief the U.S. had "entered into the longest largest prosperity in a couple of decades."

"This is a prosperity era. It's a strong economy. What you've got here is continued job growth, low unemployment and participation rates pretty good," he continued.

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House Minority Leader Nancy Pelosi found little to celebrate in the strong jobs report numbers released Friday, saying "strong employment numbers mean little" in light of increased costs to families, for which she blamed Republican policies, the Washington Free Beacon...
house minority leader nancy pelosi, jobs report, republican policies
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2018-18-02
Saturday, 02 June 2018 02:18 PM
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