Pelosi holds labor market recovery hostage

Oct. 2, 2020, Fairfax, Va.—Americans for Limited Government President Rick Manning today issued the following statement on the latest jobs numbers and urging Congress to conclude its negotiations on phase four legislation:

“America is in one the midst of one of the most rapid economic recoveries in history, with 14.1 million jobs recovered since April, and it is in large part thanks to the leadership of President Trump in pushing Congress to act early in the pandemic to shore up the economy. But there is still a lot more to do.

“As of August, 7.6 million additional Americans found themselves unemployed year-over-year as a result of the state-led Covid lockdowns, 5.1 million of whom live in states with Democratic governors. In other words, more than two-thirds of the jobs left to be recovered are in Blue States, and House Speaker Nancy Pelosi’s failure to come to a deal sooner looms large. She is punishing her own people and holding them hostage to extract more out of the negotiations. Small business funding ran out on Aug. 8. Critical industry funding including airlines just ran out now, and massive layoffs are ensuing.

“Now with today’s jobs numbers, while positive in the establishment survey with 661,000 jobs recovered, is concerning on the household side with 879,000 Americans leaving the labor force altogether. Those are Americans who predominantly live Democratic-run states and for who there is no recovery, and there will not be one for some time if the recovery stalls. We still have a way’s to go to get back all the jobs lost.

“Senate Republicans have had legislation for months that would extend the unemployment, small business and critical industry funding programs and shore up the miraculous recovery seen the past five months, with 14.1 million jobs recovered in the household survey. Ironically, the Senate plan disproportionately helps Blue States since that is where the businesses are shut down and employees remain stranded due to Democrat Governor shutdowns. Since both the White House, Senate and House of Representatives already are largely in agreement on extending unemployment along with small business and critical industry funding programs, Congress should get these items done now. Anything left over can be the subject of the election debate.”

Attachments:

“14.1 million more jobs recovered since April as Trump economy continues reopening on eve of election,” By Robert Romano, Oct. 2, 2020 at http://dailytorch.com/2020/10/14-1-million-more-jobs-recovered-since-april-as-trump-economy-continues-reopening-on-eve-of-election/

Interview Availability: Please contact Americans for Limited Government at 703-383-0880 or at media@limitgov.org.

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