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Nancy Pelosi Doesn't Have A Clue

207 views · Published 8 June 2018 · 2:58 · Indexed 16 October 2026

Channel: POTUS Trump MAGA · 2018 · News & Politics

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House Minority Leader Nancy Pelosi on Thursday resumed her attacks against President Donald Trump, this time criticizing the nation's nearly 18-year high in consumer confidence under the president's leadership.

The Conference Board's Consumer Confidence Index rose 2.4 points in May, reaching 128 -- for the highest reading in more than 17 years, the organization said this week.

But in her weekly news conference, the California Democrat downplayed the figure, just a week after she claimed low unemployment numbers reported earlier “mean little” to the American people.

'Negative Nancy'

Her recent responses about the economy have prompted Republicans to nickname her “Negative Nancy” over her attempts to downplay positive news.

"(P)eople say, ‘Oh my goodness, ... people are saying the unemployment rate is down, why isn’t my purchasing power increasing?" Pelosi said. "So, this isn’t just about the unemployment rate, it’s about wages rising in our country, so that consumer confidence is restored.”

But just as consumer confidence hit its highest point in decades, data revealed last week also showed that the unemployment rate dropped to an 18-year-low of 3.8 percent, with the addition of 223,000 jobs in May, and average hourly earnings rose 0.3 percent.

But just as consumer confidence hit its highest point in decades, data revealed last week also showed that the unemployment rate dropped to an 18-year-low of 3.8 percent, with the addition of 223,000 jobs in May, and average hourly earnings rose 0.3 percent.

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