Pelosi: Income Inequality Is the ‘Lifeblood’ of Our Party; It’s in Our DNA

‘It’s what President Obama has had such tremendous success with’

RUSH TRANSCRIPT:
MITCHELL: "Does Bernie Sanders have a better message about Wall Street reform for the general election than —"
PELOSI: "Well, Bernie has a strong connection with people who are disenchanted with what happened in 2008 and since. The issue of income inequality but I would enlarge it to just say opportunity and fairness in our country, prosperity, where many more people participate in the success of our economy, is one that is the lifeblood of the Democratic Party. It’s in our DNA. It’s what we fight for. It’s what President Obama has had such tremendous success with, not complete, though, since when he took office, imagine this, seven years ago on the steps of the capitol, almost to the day, he called for swift, bold action now to create good paying jobs and education for the 21st century. A week and a day later, Congress responded. At that time, when he stood there, the deficit was $1.4 trillion. It’s almost $1 trillion less. Unemployment was at 10%. It’s at 5%. The stock market was at 6,000 something. It’s now 10,000 points higher. 70 straight months of job creation, almost — more than 15 million jobs created, and 17 million or 18 million people having access to quality, affordable health care in our country. A major accomplishment. But more needs to be done to have — and the fight will be over the trickle-down economics of the Republicans where the middle class economics of those in the middle class and those who aspire to it, and they both, all three of our candidates are making that argument."

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