Pelosi: ‘Hip, Hip Hooray, Unemployment Is Down! What Does that Mean to Me?’
‘So, this isn’t just about the unemployment rate, it’s about wages rising in our country, so that consumer confidence is restored’
Pelosi: ‘Hip, Hip Hooray, Unemployment is Down! What Does That Mean to Me?’ (CNS News)
House Minority Leader Nancy Pelosi (D-Calif.) said at her press briefing today that although unemployment is down, government dependency is not--and that wages must rise.
CNSNews.com asked Pelosi: “The unemployment rate in May was 3.8 percent—the lowest it has been in 18 years. Is that good news?”
Pelosi said: “Well, as I said, unemployment rate is one indication. The fact is, and this has happened before, that people say: Oh my goodness, that people are saying the unemployment rate is down, why isn’t my purchasing power increasing?
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