April 4, 2008

80,000 jobs lost, well done George

Speaker Nancy Pelosi is calling on President Bush to work with Congress on another economic stimulus package in light of the disastrous Labor Department report that 80,000 Americans lost jobs last month.

"Today"s disturbing unemployment numbers, combined with (Fed) Chairman (Ben) Bernanke's recession warning, and threats to our standard living because of the rising costs of gas, groceries and health care compels the president to work with Congress on a second stimulus package to get our economy back on track, create jobs, and speed assistance to families struggling to make ends meet," Pelosi said in a written statement.

Pelosi added, "When congressional leaders meet with the president next week, I will urge him to refocus his attention on America's economy and to again work in a bipartisan manner on a new stimulus package. We need to work together to restore consumer and market confidence, to assist millions of Americans threatened with the loss of their homes, and to help families meet the rising costs of necessities."