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Pelosi on Wednesday: ‘Now We’re in Worse Shape;’ GDP on Thursday: +33.1%

By CNSNews.com Staff | October 29, 2020 | 10:50am EDT
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House Speaker Nancy Pelosi, appearing on MSNBC on Wednesday, said that “now we’re in worse shape” in response to a question about the “markets falling.”

The next day, the Bureau of Economic Analysis released its report for the 3rd quarter of 2020, stating that real Gross Domestic Product grew at an annual rate of 33.1 percent during the quarter.

“Our national strategy has been onboard since the middle of May,” said Pelosi. “It's called the Heroes Act, and its main purpose was to crush the virus. Crush the virus, honor our heroes--our health care workers, our first responders, police and fire, sanitation, transportation, food workers, our teachers, our teachers, our teachers. To keep our children safe in school. That was more than five months ago.

 

“Instead, the Administration and Mitch McConnell said, ‘Let's take a pause,’” said Pelosi. “Well, the virus didn't take a pause and now we're in worse shape. 

“And, again, what the president of the United States has done is almost sinful in terms of how he has failed miserably to address the health needs of the American people, calling it a hoax and the rest,” said Pelosi. “And the Republicans in Congress have been enablers of that failed policy as well. 

“So, now, hopefully, what the president cares a lot about is the stock market, and as he sees the market react to the spread of the virus and sees the market react to the fact that we do not have an agreement, which could inject resources into the economy, hopefully now he will come to the table in a serious way to crush the virus,” she said.

“You must crush the virus,” Pelosi said.

“Real gross domestic product (GDP) increased at an annual rate of 33.1 percent in the third quarter of 2020,” the BEA reported on Thursday morning.

Here is a transcript of the part of Pelosi’s interview with MSNBC on Wednesday where she said “we’re in worse shape:”

Ayman Mohyeldin: … Let me begin with the subject of coronavirus.  It is on the rise in this country, unfortunately, once again.  Europe, as well – it is in lockdown mode.  The President, though, showing he does not think it is a problem.  The markets are falling.  I’m curious to get your thoughts on the efforts Congress and your team are doing.  Are you working with other leaders in the Capitol or around the country to formulate a national strategy?

Speaker Pelosi: "Our national strategy has been onboard since the middle of May.  It's called the Heroes Act, and its main purpose was to crush the virus.  Crush the virus, honor our heroes – our health care workers, our first responders, police and fire, sanitation, transportation, food workers, our teachers, our teachers, our teachers.  To keep our children safe in school.  That was five – more than five months ago. 

"Instead, the Administration and Mitch McConnell said, ‘Let's take a pause.’  Well, the virus didn't take a pause and now we're in worse shape.  And, again, what the President of the United States has done is almost sinful in terms of how he has failed miserably to address the health needs of the American people, calling it a hoax and the rest.  And the Republicans in Congress have been enablers of that failed policy as well. 

"So, now, hopefully, what the President cares a lot about is the stock market, and as he sees the market react to the spread of the virus and sees the market react to the fact that we do not have an agreement, which could inject resources into the economy, hopefully now he will come to the table in a serious way to crush the virus.  You must crush the virus. 

"And again, this weekend, his Chief of Staff confessed that they had no intention of controlling the virus.  It's really very, very sad.  It's a total failure on the President's part.  And we will not give up until it is crushed, until we address the lives, saving the lives, the livelihood and the life of our democracy."

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