David Perdue: Jobs Report Shows PPP Is Working

‘There’s a pent-up demand out here and I really think people want to get back to work’

RUSH TRANSCRIPT
PERDUE:  "Well, Charles good morning. First of all I think this report is very encouraging. We thought it might be as much as 8 million jobs lost and instead it was about 2.5 approximately, new jobs created the largest-ever we think right now. I think that’s several things, Charles. One, the ppp program is working there’s a pent-up demand out here and I really think people want to get back to work and so we are about half way through the full allocation of this $2.9 trillion in the cares act and all of the relief work we’ve been doing over the last three months only about half of it has been disseminated so far so we want to see how this jobs report is one of the variables we look at but it’s early and we’ve got a lot of work to do. Charles we can learn from other countries ahead of us in the cycle and learn from our military and learn from essential workers who have been operating all along with the protocols of safety that we were, that have been designated by public health official. We can do this if we follow the guidelines and reopen the economy which is what the president’s three-phase plan approach is all about."

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