OPINION Since labor markets bottomed in April after the COVID-19 lock-downs, nearly 14 million jobs have been recovered in the U.S., according to the Bureau of Labor Statistics. And one of the biggest reasons was because the Trump administration and Congress worked together on the CARES Act, which provided $525 billion in funding to 5.2 […]
OPINION
Since labor markets bottomed in April after the COVID-19 lock-downs, nearly 14 million jobs have been recovered in the U.S., according to the Bureau of Labor Statistics. And one of the biggest reasons was because the Trump administration and Congress worked together on the CARES Act, which provided $525 billion in funding to 5.2 million small businesses. It may have saved as many as 50 million jobs.
But funds for this small-business saving program ended on Aug. 8 as House Speaker Nancy Pelosi has blocked any renewal. Meanwhile, House Democrats have done nothing to persuade her to work with Senate Republicans to get an extension with 11 million jobs still on the sidelines. The only way the remainder of the jobs lost in the state-led pandemic lockdowns will be recovered is by providing support to safely reopen the economy and schools. That is something Nancy Pelosi will not allow to happen so long as she remains Speaker and those who elected her Speaker are directly responsible for this reckless course.
House Democrats clearly oppose reopening the economy in this vital time, and they own Pelosi’s policy of leaving the country shut down forever — destroying the hopes and dreams of millions of working families.
Rick Manning is president of Americans for Limited Government (ALG). The organization says it is a “non-partisan, nationwide network committed to advancing free-market reforms, private property rights, and core American liberties.” This op-ed is drawn from a news release the ALG issued on Sept. 28.
