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FOR IMMEDIATE RELEASE
June 02, 2006
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Brendan Daly/Jennifer Crider
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 Pelosi: ‘Bush Economy Continues in Wrong Direction for Americans Living Paycheck to Paycheck’

Washington, D.C. – House Democratic Leader Nancy Pelosi released the following statement today in response to the disappointing jobs report that showed only 75,000 new jobs created in May, the smallest number since October, while real wages have remained stagnant over the last three years. Below is Pelosi’s statement and a chart showing how Republicans have turned their backs on the middle class:

"Today's report confirms that the Bush economy continues to go in the wrong direction for millions of American families, who are living paycheck to paycheck and struggling to make ends meet. Gas prices have doubled, oil company profits have tripled, while real income has stalled. Middle-class Americans are feeling squeezed, while the Republicans' Big Oil cronies are rewarded with tax breaks and subsidies that are driving up our record national debt.

"Democrats have a plan to take us in a new direction that brings economic opportunity and security to all Americans – not an economy that work for just the wealthy and Big Oil cronies."

 



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