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Former Washington Journalist
Contributor on The Bipartisan Press
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While Donald Trump is eager to take credit for any positive developments in the US economy, House Speaker Nancy Pelosi knocked Trump and his Republican allies for the anemic February jobs report released Friday.
The US economy added a paltry 20,000 jobs in February, according to federal data.
Among financial analysts, there was some debate whether the meager February jobs numbers should be seen as a worrying sign, or only as an anomaly in an essentially strong economy.
Pelosi, however, saw reason to criticize Trump’s economic stewardship.
“February’s abysmal jobs numbers are a stark warning from an economy being hollowed out by the GOP’s devastating special interest agenda,” Pelosi says.
“Years of Republican giveaways to big corporations and the wealthiest few have jeopardized the financial security of working families,” she added. “Jobs and household wealth are faltering. Despite the president’s promises, our nation faces a historic trade deficit. And the future of America’s middle class is burdened by a tax scam that has driven up record budget deficits in order to enrich Big Pharma, big banks, big corporations and the wealthiest 1 percent.
“As Republicans continue to push their failed policies, House Democrats are working For The People to lower health care costs and the price of prescription drugs, raise wages by rebuilding America with green, modern and job-creating infrastructure and restore integrity to Washington,” Pelosi adds.