Economy

DEMOCRAT DENIAL: Pelosi, Perez BLAST Booming Economy as ‘RECKLESS’ and ‘RAW DEAL’

posted by Hannity Staff - 7.06.18

The Democratic Party continued to double-down on its predictions of “doom and gloom” surrounding the soaring US economy Friday; slamming June’s positive jobs report that showed a record number of Americans taking part in the labor force.

House Minority Leader Nancy Pelosi blasted the strong numbers as a “raw deal” on social media, saying “The June #JobsReport shows what is at stake from the brewing storm of rising health costs, spiraling trade uncertainty & an economy being hollowed out to enrich big corporations & the wealthiest 1 percent.”

DNC Chair Tom Perez echoed Pelosi’s comments Friday, saying President Trump’s “reckless policies are hurting millions of hardworking families.”

“With slow wage growth, rising health care premiums, and skyrocketing gas prices across the country, Donald Trump’s reckless policies are hurting millions of hardworking families,” said Perez in a written statement.

“Trump and Republicans in Congress have been so determined to undermine workers that they held a Supreme Court seat hostage for nearly a year in order to nominate an aggressively anti-union justice, who became the deciding vote in last week’s disgraceful decision in the Janus case,” he adds.

Read the full report at the Washington Examiner.

ARMAGEDDON CONTINUES: Chipotle Announces BIG BONUSES, MORE BENEFITS after GOP Tax Cuts

posted by Hannity Staff - 2.08.18

Nancy Pelosi and Chuck Schumer’s dire predictions of “doom and gloom” continued to unravel this week, with Mexican food giant Chipotle announcing big bonuses and expanded benefits for its workers in the aftermath of the GOP-led tax cuts.

Chipotle Mexican Grill announced the new policies Wednesday, saying the quick-service restaurant was “rolling out benefits” to all of its 71,000 employees; extending stock bonuses, cash payouts, as well as paid parental leave.

According to Fox Business, qualified hourly and full-time employees will receive a bonus of $1,000 with some eligible for stock bonuses and grants to buy-back into the corporation.

Chipotle cites the recently passed GOP tax cuts as a prime factor behind the revised compensation packages.

“Other offerings will include accelerated training programs, and additional paid parental leave for everyone, from hourly managers to salaried employees,” writes Fox. “The company also added life insurance and short-term disability insurance coverage for hourly restaurant managers.”

Chipotle joins a growing list of American-based corporations -such as AT&T, Disney, Starbucks, Walmart, Home Depot, UPS, Visa, and others- to pay out big bonuses and raise wages after President Trump signed the sweeping tax overhaul into law late last-year.

ARMAGEDDON CONTINUES: FedEx Announces $3.2 BILLION in Raises, Bonuses

posted by Hannity Staff - 1.26.18

The dire liberal predictions of doom and gloom following the recently passed GOP tax cuts continued to evaporate Friday, as shipping giant FedEx announced its plan to increase wages across the country and pay out big bonuses to American-based workers.

According to the New York Post, the nationwide shipping corporation unveiled its new plan to pay out over $200 million in increased wages, pledging two-thirds of the fund towards hourly employees and the rest to be doled out using performance metrics and time-served in the company.

FedEx also vowed to invest another $1.5 billion in the corporation’s benefits package and an addition $1.5 billion for its American transportation hubs.

“FedEx believes the Tax Cuts and Jobs Act will likely increase GDP and investment in the United States,” said a statement on the company’s website.

The announcement makes the shipping giant the latest American-based corporation to reinvest in the US economy following the passage of the GOP tax cuts.

AT&T, Starbucks, Disney, Home Depot, Walmart, American Airlines, Visa, and others have all raised wages and payed out big bonuses within weeks of President Trump signing the sweeping GOP tax legislation into law.

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