Issues & Insights "To all those suffering from skyrocketing prices, struggling to make ends meet, going to food kitchens to feed their families, breaking the bank just to fill up their tanks, House Speaker Nancy Pelosi has a message for you.
Quit your griping and vote Democratic.
"That is the “new and improved” messaging that Pelosi thinks will win over voters in November.
"And no, we are not kidding. In an interview with Punchbowl News published on Wednesday, here’s what she said:
Inflation’s an issue, but it’s global. It’s global. … What’s [the Republicans’] plan? They ain’t got nothing. When you bring down unemployment, inflation goes up. … So, in any case, [President Joe Biden] brought unemployment [down], cut it in half. Inflation is there but it’s global and not as bad as it is in some countries. We’ll have to message it better in the next three weeks ahead. I think we’re in great shape. Other people don’t want to believe that.
"Let’s break that down.". . .
"In any case, telling people “everybody’s suffering, so don’t feel so bad,” is not what we’d call a winning message.
“When you bring down unemployment, inflation goes up.” That’s flat out false.
Under Trump, the unemployment rate dropped from 4.7% to 3.5%, while inflation remained steady. In fact, every sustained decline in unemployment since 1980 shows unemployment and inflation declining. (See charts below.)
The lengths they go to protect Stacey Abrams