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Nancy Pelosi Urging Democrats to Concentrate on Economic Issues

Nancy Pelosi Urging Democrats to Concentrate on Economic Issues

Mind. Blown.

https://www.youtube.com/watch?v=qh5KYxGnFkU#action=share

Wait, what? Did the Democrats actually listen!? Has Hell frozen over? For the past few weeks, I’ve blogged about the Democrats’ loss of registered voters, how millennials have turned their backs to the Democrats because they want jobs, and a Democrat pollster’s recommendation the party concentrate on the economy.

Maybe, just maybe, the Democrats have opened their ears and eyes! Minority Leader Nancy Pelosi (D-CA) has urged Democrats to spend more time on economic issues instead of bashing President Donald Trump.

From The Wall Street Journal:

House Minority Leader Nancy Pelosi said Tuesday that she is urging Democrats to focus on infrastructure projects, better-paying jobs and rolling back Republican tax cuts in the midterm elections—and not to run simply as opposition to President Donald Trump.

“It comes down to an economic message,” the California Democrat said in an interview hosted by Politico. “The financial instability of American families is something that needs to be addressed.”

I had to read that again to make sure I wasn’t dreaming.

As much as the Democrats love to babble about social justice issues and bash Trump, we Americans care about the economy and jobs:

Mrs. Pelosi ruled out pursuing the impeachment of Mr. Trump unless there was compelling evidence for it, she said, noting that she had faced calls to impeach President George W. Bush and refused.

“Impeachment, to me, is a divisive issue unless there’s something as conclusive as what we saw in Watergate. That was inevitable. That was bipartisan,” Mrs. Pelosi said, though she added that in districts such as hers in San Francisco impeachment has significant support. “But it takes attention away from the connection we need to make to people about their economic security.”

I also say go for it because their economic plans won’t work and can only exist in Fantasy Land where money grows on trees.

For example, Pelosi suggested Democrats “start with an infrastructure package and push legislative agenda items that have stalled this year in Congress.” Those issues include DACA and more gun control laws. They should also “address wage stagnation and backed increasing the federal minimum wage.”

A candidate for New Hampshire’s Congressional 1st district “touted her work as an environmental crusader” at the University of New Hampshire in Durham, but a lot of students brought up the local economy. One 18-year-old said more and more of her friends have started “looking to Republicans for economic leadership.”

Of course, the tax bill didn’t slip Pelosi’s mind:

Mrs. Pelosi also said she wanted to roll back the tax bill that Republicans passed last year, which reduced the corporate tax rate to its lowest point since 1939 and cut individual taxes for most households this year.

“I do think we should revisit the tax legislation in a way that we always have, in a bipartisan, transparent way that the result is unifying for the country,” she said. Since the tax bill passed last year, some Democrats have proposed bumping the corporate rate back to 25%, up from the current 21% but below the 35% before the GOP tax cuts. Others have proposed taxing foreign and domestic profits at the same tax rate.

As much as I hated the tax reform bill due to long-term effects, it’s not a secret that it has provided some relief for many people and corporations. Last week I blogged about how data has shown that companies have used that tax cut to increase capital spending despite the fact that Democrats all but guaranteed that those greedy corporations would pass on those breaks to shareholders.

Reuters spoke with Terry Hood, 34, an African-American who took their poll about millennial support for Democrats. He voted for failed Democrat presidential candidate Hillary Clinton, but has now decided to “consider a Republican for Congress because he believes the party is making it easier to find jobs and he applauds the recent Republican-led tax cut.” He finds it “strange” to even mutter these words but noticed that the recent tax cuts have led to the government “taking less taxes” out of his paycheck.

It’ll also be hard for Democrats to push their wishy-washy economic ideas since unemployment has fallen below 4% for the first time since 2000. Unemployment among blacks fell to a record low and the Hispanic rate tied its lowest ever.

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Comments

Pelosi and other Dems hate those tax cuts because more money left to those who earn it equals freedom and less dependence on government. To the Left, that is a threat.

    MattMusson in reply to Whitewall. | May 11, 2018 at 8:38 am

    When the Tax Cuts were originally scored by the Congressional Budget Office – the CBO said they would ‘cost’ $1.4 Trillion.

    They were recently rescored and based upon higher tax revenue from an improved economy and lower outlays for reduced unemployment – they now ‘cost’ only $400 billion.

    Wait another year and the tax cuts will pay for themselves!

    mailman in reply to Whitewall. | May 11, 2018 at 9:43 am

    I suspect their push back has more to do with who proposed them (Trump) as opposed to them not wanting people to have more money in their pockets.

    That seems to be the Democrats only policy, oppose Trump at all opportunity! Seeing as they haven’t actually released any firm policy positions..except the resistance one they have been running on since Jan 20 last year.

I’m curious about the long term detrimental effects. What are they?

healthguyfsu | May 11, 2018 at 8:08 am

Lipservice…it’s what this old squawk is best at.

healthguyfsu | May 11, 2018 at 8:10 am

With elections coming up, it’s also a good time to pay lipservice to bipartisanship.

DINORightMarie | May 11, 2018 at 8:25 am

Yeah, sure “focus on the economy” – as in raise taxes, kill the tax cuts, and continue to ignore and denigrate the blue-collar white workers, telling them their money in-pocket is “pennies” and chicken fee, according to Bernie, Lizzie Warren, and most of the House Dems.

…and it’s been working so well lately…..yeah, yeah…. Yeah! Sure….that’s it! That’s the ticket!!

For the Liberals, and RINOS, its always about “Messaging”.

In other words – How do we fool the Rubes again for the next Election.

The “Messaging” might change or get fine tuned but never their true colors.

It’s the costs. There are two solutions: outsource (e.g. “green” industry, immigration reform) or restore market function and unPlanned Parenthood. Or we could subsidized minority capital (e.g. Obamacare) and control (e.g. trials by press, judicial legislation). Capitalism => retained earnings, market => democracy, capital markets => individual choice. unPlanned Parenthood is our Posterity, and early reproduction mean healthier children, lower-risk pregnancies, and less reproductive therapy.

Reconcile. Rehabilitate. Revitalize.

Henry Hawkins | May 11, 2018 at 8:55 am

Expect to hear the old liberal Dem trope that higher taxes create greater wealth.

Yeah Nancy, run on the Trump economy!

She kept saying, “crumbs” when people talked about the thousands of dollars they got back. She’s a moron, and so are her handlers. They are all too rich to realize even a thousand dollars is real money to real Americans.

There’s such a thing as too rich. She kept cutting her own throat with that crumbs rhetoric until everyone heard it. They live in Bizzaro-world where Hillary won the election and it’s business as usual. If they think they hate it now, wait until they have to explain how ending the Korean war is bad.

“…focus on infrastructure projects, better-paying jobs and rolling back Republican tax cuts in the midterm elections…” In other words, back to business as usual. Imposing government work rules and set asides in infrastructure projects; imposing wage minimums and employment restrictions (see legislation currently proposed by Sanders, Warren, Gillibrand, et al that attacks right to work laws); and raising taxes. The goal is always the same – Democrats want Big Government…all the time, everywhere.

Another Voice | May 11, 2018 at 10:44 am

Also currently running in the news is the Democrats “newest winner” is proposal to support their platform for legislation, which if enacted, would by federal law remove the right of state’s having “right to work” laws and empowering the National Labor Board to have oversight with fast track rules for organizers of workers unions to enter into private and corporate companies using federal law shortcuts built in to the legislation to circumvent employee refusal to participate.

YellowGrifterInChief | May 11, 2018 at 11:16 am

When exactly did they do this alleged re-score? I ask because in mid-April they released the following:

Over the next decade, the gap between outlays and revenues is projected to be persistently large.

That imbalance would cause federal debt held by the public to rise to nearly 100 percent of GDP.

The growth of real GDP is projected to be relatively strong this year and next and then to moderate. (down to 2%)

Of course you could reduce outlays, but then the growth would go away. Besides don’t you want to keep the government’s hands off of Medicare?

Yes, Nancy and Dems. Please, please, please run on the issues where Republicans are winning.

Please run on a platform of lower tax cuts, raised taxes, fewer jobs and economic opportunities, and business-stifling regulatory enforcement.

Run on a platform of taking more money out of paychecks and less relief for hard-working families. Keep pushing Obamacare’s atrocious “tax the top 99% to pay for the bottom 1% (and then tax their medical care, too)” policies and see how that goes.

Srsly, I normally don’t like when elected officials don’t keep promises, but Trump made one that I’m happy to let him slide on: He promised we’d win so much we’d get tired of winning.

Is anybody tired of all that winning yet?

Yes, it is all about the economy.

Currently, there are two big areas which the Dems can exploit. these are the extent of personal tax cuts and increases in healthcare insurance premiums.

Republicans sold the tax bill as generating significant tax reductions for individuals and families. It does not do this and was never designed to do this. What it was designed to do was to reduce the tax burden on businesses and investors in order to stimulate economic growth. This it is doing. This increases not only employment, but individual salaries. And, this has to be stressed by Republicans.

Healthcare insurance is simply going to hurt Republicans. While even a total repeal of the Obamacare program would not have stopped premium increases, it is too late for that to happen, the failure to repeal, or even attempt to repeal Obamacare, is exploitable by the Dems.

As all the people who will potentially vote Democrat, based upon a dislike for Trump, are all locked in, it makes sense to shift the campaigns to economic issues and Republican shortfalls in that area.

notamemberofanyorganizedpolicital | May 11, 2018 at 12:11 pm

The Democrats have already been “concentrating” on the economy.

Raise your taxes, raise your taxes, and then raise your taxes a lot more!

That’s what they’ve been doing for decades now!

regulus arcturus | May 11, 2018 at 12:55 pm

This is like telling Charles Manson to concentrate on charity work.

she has decided to baffle the voters with BS. There are lies, damn lies, and statistics. She has picked statistics because they are harder to refute in a clear way.

What is coming is clear. Because of all the economic policy failures of previous administrations, especially Obama’s, the economy is on the verge of collapse and will collapse. That is a mathematical certainty. When the collapse occurs, Democrats will ignore the incompetent leadership of previous administrations, again Obama’s being the worst of them, as the true cause and will lay every bit of the responsibility for the collapse at the feet of Trump. Even more amazing will be how so many will actually believe this idiocy, but they will.

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