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 ...
She, the left, the democrats want to “break the bank”! Destroy is all they know. They are fools who think they have some better idea, BUT THEY DON’T! They are nihilists without any moral values whatsoever.
By “precrisis” they mean “Trump administration” levels.
Just Trump, doing things the way they need to be done for things to work. Not things done the Washington way, with all sorts of games played and graft banked.
They had to get rid of Donald Trump, and they cooperated with China for a way to do it.
Fauci, Pelosi, Schumer, McConnell, they’re all to blame. What a sad situation.
Jobs are racist.
Will solve EVRY’THINnnnnnnnn’
And the band played on. !
Or worse start it themselves. The free covid cash has been raining before biden took office.
Creating more dollars is inflation. That will make the “economic indicator” numbers to go up, leading mentally-weakened individuals to think that everything is going well.
When a liberal policy fails, as it always does, liberals always demand a strengthening of the policy that failed, leading to failure, and then liberals push to strengthen the failed policy... (repeat until doomsday)
Dems discover the sky is blue and call for more guvmint funding.
Since borrowing 2 $trillion didn’t work, maybe borrowing 5 $trillion will?
Does she mean she is disappointed too many Americans are working, and she wants to pay more of them not to?
Nancy can NOT even spell ECONOMY.
How Obama of her and we know how that turned out.
“The floggings will cease when the morale improves!”
Exactly. It's sad and very unfortunate.
So many people are suffering and will continue to suffer all for the sake of their power play.
A kakistocracy is a system of government that is run by the worst, least qualified, and/or most unscrupulous citizens.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.