Nancy Pelosi Urging Democrats to Concentrate on Economic Issues

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.

Tags: 2018 Elections, Democrats, Economy, Nancy Pelosi

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