Pelosi Calls Companies Raising Wages After Tax Cuts ‘Pathetic,’ ‘Insignificant’

EXCERPT:

PELOSI: "The number of bonuses that were given, one of the bonuses was already in a union contract, and they added a little more money to that. That same firm just so told their employees that they were going to be laying off 1,500 people and if they want to save their jobs, they could all start working 32 hours in those communities. So, in terms of the bonus that corporate America received versus the crumbs that they are giving to workers to kind of put the schmooze on is so pathetic. It's so pathetic. I would hope that with their big advantage of bringing money home at a very low rate that they would invest in infrastructure and things, but the experience has been that they will do dividends, they'll do stock buybacks and things like that. I think it's insignificant."