Skip to comments.Pelosi says 'disappointing' jobs report calls for more government spending
Posted on 05/07/2021 7:51:16 PM PDT by Republican Wildcat
House Speaker Nancy Pelosi, D-Calif., said she was disappointed by the April jobs report and called for the federal government to respond by passing President Biden's spending plans.
The April jobs report released Friday showed the US economy heavily missed Wall Street’s mark, adding a measly 266,000 new jobs as the country continues to recover from the COVID-19 pandemic.
The unemployment rate also unexpectedly rose to 6.1%. While it's still well below the April 2020 peak of 14.7%, it's about twice the precrisis level, the Labor Department said in its monthly payroll report, released Friday morning. Economists surveyed by Refinitiv expected the report to show that unemployment fell to 5.8% and the economy added 978,000 jobs.
Pelosi called the April numbers "disappointing" but presented a solution to the lack of jobs created in America over the past month: spending more by passing Biden’s two multitrillion dollar spending packages.
"The disappointing April jobs report highlights the urgent need to pass President Biden’s American Jobs and Families Plans," the speaker said in a Friday statement.
(Excerpt) Read more at foxbusiness.com ...
That’s all Nancy knows how to do. Spend our money on worthless big-govt crap.
Start cutting the bloated unemployment checks.
There are plenty of jobs above minimum wage.
Pelousy is spending her way into massive debt and inflation.
That is always the answer.
And the Republicans have let them get away with it, or worse.
It is truly amazing how fast we got back to Washington’s business as usual crap.
Yeah,why not 100 trillion..Let’s bankrupt China and then we can go bankrupt..Yeah dems that’s the ticket..Let’s spend all of China’s money
Without Trump the unemployment rate will never get back to precrisis levels.
It’s a call to retire, with prejudice, the Baltimore ‘Rat Dlessandro[sic?].
Why am I not surprised. If someone said rabbits were having to many blue eyed offspring she would call for a government program.
“Let’s spend all of China’s money”
THAT would be a Plan....
And she’s wrong of course:
U.S. Chamber of Commerce blames weak jobs report on enhanced unemployment benefit...
So far, it seems the more the Democrats spend, the worse the jobs reports.
Maybe paying people more not to work than to work is not helping getting people back to work
You know the dems are salivating over all the trillions China has.....Not to mention the retirement money of hundreds of millions of working americans.....
“It is truly amazing how fast we got back to Washington’s business as usual crap.”
Ditch and McCarthy being the Leaders.
1) All the salaries of congress and the entire federal government needs to be cut by 75%.
2) 100% of all pension payments terminated, pensions eliminated and the money returned to the states/people.
3) 90% of all Federal employees need to be permanently furloughed... FIRED!
4) The income tax and the IRS abolished allowing 100% of the fruits of your labor to be kept and spent the way you see fit. Government has NO RIGHT to own any of your labor through direct taxation.
5) All revenue to run government will be generated by excise taxes, and stamp taxes.
this is NOT NEARLY as BAD as it’s going to get. Any of you notice how much the price of gas has gone up? When the price of gas goes up, so does the price of EVERYTHING else! I’m NOT an “economist”, I’ve read some here and there about economics and it just seems pretty simple to me.
I noticed the price of my F-150 went up $5,000.00
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