House Minority Leader Nancy Pelosi is being shunned by members of her own party for downplaying the benefits of tax reform. Rep. Joseph Crowley (D-NY) informed Pelosi that $1,000 bonuses were not "chump change."
Crowley wondered whether those employers had already planned to dole out bonuses, despite the tax reform package. But, it's quite the coincidence when dozens of other companies have suddenly invested massively in their workforces after the vote. Boeing, AT&T, Darden Restaurant Group, Apple, and Starbucks to name a few.
Yet, Pelosi continues to be a broken record. The employee bonuses are "crumbs" compared to the rewards large corporations and the 1 percent are getting, she said (again) Thursday.
"I say crumbs, they mock me in ads for saying that," she said at TrumpTax Town Hall event in Massachusetts. "Compared to the banquet they give at the high end."
Speaking of Massachusetts, Berkshire Hills Bancorp, Inc. and HarborOne Bank announced they’d be giving out employee bonuses, and Eversource Energy said it will lower cost for customers.
Pelosi's speech was not only given in an awkward location, but an awkward time, considering the following news from Hostess.
Since the Tax Cuts and Jobs Act passed in December (and the bonuses have come rolling in and the false narratives have been corrected), it has made a 21-point net positive swing among the American public.
Trump noted all of the good news during his State of the Union address Tuesday, but some of the Democrats refused to stand or applaud. I guess more jobs and higher wages aren't for everyone.
President Trump criticized Pelosi during his speech at the Republican retreat in West Virginia Thursday, comparing her "crumbs" comments to Hillary Clinton's infamous "deplorables" remark during the 2016 presidential election.
(H/T America Rising)