House Minority Leader Nancy Pelosi keeps embarrassing herself, and Americans, in general. This past week she told reporters that consumer confidence (which is at an 18-year high) is a sign of America’s flailing economy under President Trump.
The unemployment rate, which is 3.8 percent and at an 18-year low under Trump, was the topic of one reporter’s question, which prompted to Pelosi to reply off-the-cuff. She then referred to consumer confidence as a way to criticize the president, not realizing that it has skyrocketed because of Trump’s policies. She told reporters:
“Well, as I said, unemployment rate is one indication. The fact is, and this has happened before, that people say, ‘Oh my goodness, that people are saying the unemployment rate is down, why isn’t my purchasing power increasing? … So, this isn’t just about the unemployment rate, it’s about wages rising in our country, so that consumer confidence is restored.
“Because our economy will never fully reach its possibilities unless we increase the consumer confidence and that can only be increased by a better deal, better jobs, better wages, better future, and lowering costs to families — whether its prescription drugs, by really lowering the cost of prescription drugs — and that list goes on.”
In response, the Republican Party posted a video in its War Room series about another bizarre comment made by “Negative Nancy.”
The Daily Wire compared her remarks to a boxing match where as a boxer she knocks out herself instead of her opponent when she throws a punch.
In May, the consumer confidence index rose to 128, up three points from 125.6 in April.
Kind of reminds you of the commercial jingle dumb da dumb dumb duuuuumb.