Trump Economy Jobs Report: 178,750+ Announced Layoffs

After 225 days as President, Donald Trump still hasn’t come up with a comprehensive plan for creating and protecting good-paying American jobs. Nor has Trump so much as begun to follow through on his campaign promise to begin a large-scale rebuilding of the country’s crumbling infrastructure.

The result: across the country, 178,752 American workers that Trump sold out and left behind have received pink slips since Trump took his oath of office, according to American Bridge’s TrumpEconomy.com project.

“Despite Trump’s promises to rebuild our infrastructure and create good-paying American jobs, his first priority was to take away our healthcare access to cut his own taxes, and now he’s throwing all his weight behind even more big tax cuts for himself, his family, and billionaire CEOs,” said American Bridge Vice President Shripal Shah. “All of that — plus Trump paying his own businesses millions in taxpayer dollars — proves once again that […]

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Donald Trump’s inaction on China and trade shows working Americans are on their own

Donald Trump made trade the bedrock of his appeal to the American people, promising that “he alone” could fundamentally remake American trade policy and deliver new economic opportunities for struggling working and middle class families.

However, 205 days into his presidency, Trump still hasn’t produced a jobs plan – the top priority of the American public – and his incompetent, bickering administration’s only “accomplishments” continue to be glorified press releases.

Today, Donald Trump’s announced that he is requesting that the Office of the U.S. Trade Representative determine if there should be an investigation into China’s relentless, systematic theft of American trade secrets – which worsens job loss and the overall economic pain felt by working people as the global economy rapidly changes under their feet.

Both parties have known for years that this hacking done by China is a rampant economic drain on the United States, and requesting a possible investigation into whether this […]

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Trump Economy Update: 157,735 Announced Layoffs

In conjunction with today’s Bureau of Labor Statistics jobs report, American Bridge released its latest TrumpEconomy.com tabulation of announced layoffs since Donald Trump took office.

At least 157,735 American workers have been given pink slips in the just over six months since Trump’s inauguration, but President Trump has done nothing to meaningfully protect or create American jobs. Instead of introducing a bold jobs plan or comprehensive infrastructure bill, Trump has spent all of his political capital trying to slash his own tax rate with a series of dangerous health care bills that’d strip health insurance away from anywhere between 16 and 32 million Americans.

“Trump’s economy isn’t working for the middle-class and his lies and broken promises are exactly why. From ditching promises to invest in infrastructure to pushing a sham ‘healthcare’ bill that was really a tax cut for the rich, the President has done next to nothing for American jobs since […]

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Bridge Project Launches New Climate Accountability Project

American Bridge’s advocacy arm, Bridge Project, is launching a new climate change initiative today ahead of Congress’ August recess, focusing on the Trump administration’s policy changes and their devastating impact on our country’s economy. Digital ads, an aggressive petition campaign, and a new online hub to boost real time accountability will be at the forefront of this initiative. In addition to rapid response and in person tracking efforts, the latest research on the Trump administration’s dangerous agenda to erase key environmental protections and in-depth reports on climate related policy changes will be housed at www.climateundertrump.com, with state and local research available to grassroots advocates, members of the press, and the public.

“Climate change presents an economic problem as well as an environmental one, and we’re going to expose the dangers of Trump’s agenda,” said American Bridge President Jessica Mackler. “If President Trump continues to put our future at risk […]

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Paul Ryan Should Withdraw Trump Endorsement Instead of Recycling Failed Poverty Agenda

Today is the first day of Speaker Paul Ryan’s “A Better Way” road tour, where he is rolling out his poverty reduction plan, with no solutions to actually reduce poverty in America.

Below are remarks by Eddie Vale, the Vice President of American Bridge:

“We were prepared to do an analysis of Speaker Ryan’s poverty plan, but it turns out there’s nothing new to actually look at since it’s all just the same old ideas put into a .pdf.
“If Ryan wanted to show a better way for the GOP and demonstrate real leadership at this event, he would withdraw his endorsement from Donald Trump.”

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NEW REPORT: A Koch Confessional

Or How The Kochs Have Attacked Pope Francis While Pushing A Self-Enriching Agenda That’s On The Wrong Side Of The Holy Father

As Pope Francis arrives in Washington, Bridge Project is releasing a new report titled, “A Koch Confessional, Or How The Kochs Have Attacked Pope Francis While Pushing A Self-Enriching Agenda That’s On The Wrong Side Of The Holy Father.”

The Kochs are terrified of the pope’s teachings because they threaten what the billionaire brothers worship most, their bank accounts. Bridge Project’s new report, reveals how the Koch network has attacked Pope Francis and targeted his teachings on the economy, immigration, climate change, fair pay, and more.

At the crux of the differences between the billionaire Koch brothers and Pope Francis is their starkly contrasting world views. While the pope has pleaded for his followers to reject the “trickle-down” policies championed by billionaires like the Kochs, and pushed immigration as a “hallmark for our society,” the Kochs have […]

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Banking On Obstruction

Tonight at midnight, with the expiration of the Export-Import Bank, Republicans will put their quest for the Kochs’ support ahead of American jobs. The bank’s renewal would usually go without a hitch, but the Kochs’ huge lobbying push through Americans for Prosperity has thrown a wrench in an already dysfunctional GOP-led Congress. The Kochs’ (highly hypocritical) opposition to the bank is, like everything else they do, purely profit-driven. Their crusade against the bank is not fueled by free market values but greed. By dismantling the 81-year-old bank, Republicans are putting American jobs and the economy at risk, all because their billionaire puppet masters want to boost their bottom line.

Read more about the Kochs and the Ex-Im in the Bridge Project report, “Banking On Obstruction.”

GOP Shutdown Sells Out Small Business

Members of Congress – both Democratic and Republican – have long touted the merits of America’s small businesses. The value of small businesses as job creators and pillars of the local community are one of the few views shared by both parties. However, Republicans are demonstrating that their affection for small businesses is not deep enough to warrant any action beyond hollow rhetoric.

With the deadline to raise the debt limit looming, Republicans have been holding the economy hostage and threatening to let the nation default unless President Obama and Democrats give in to right-wing demands. In 2011, the mere threat of default caused significant damage for small businesses and the economy; an actual default – attributable solely to Republican intransigence – would be catastrophic, rivaling the 2008 economic crisis. Yet many conservatives dismiss the potential consequences of their actions, and have convinced Speaker Boehner to follow them down this perilous path.

Although Republicans have justified their opposition to the Affordable Care Act by falsely claiming that it will hurt small businesses and kill jobs, their decision to shut down the government in a desperate attempt to stop the health care law has led to actual suffering for small businesses. The Republican shutdown has created crippling uncertainty in the form of cancelled ongoing work, delayed payments, collapsed consumer confidence, and Small Business Administration loans “in limbo.” But Republicans show no signs of concern for the small business owners they purport to defend.

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60 Plus Association: “Clear”

The 60 Plus criticizes Rep. Ron Barber (D-AZ) for supporting President Obama, blaming the president’s policies for the number of Americans who are still looking for work or receiving food stamps. The truth is that Obama inherited an economy that was losing hundreds of thousands of jobs per month and forcing millions of Americans to rely on government assistance, as Americans suffered through the worst downturn since the Great Depression. Today the economy is growing, the private sector has added almost 5 million new jobs in the last 32 straight months, and consumer confidence has climbed to its highest level since February 2008. The ad also blames the Obama for the rising debt, but the real culprits are Bush-era policies and the recession itself, and Republicans have repeatedly blocked Obama’s deficit-reduction proposals.

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