United States Senate Democrats

08/07/2026 | Press release | Distributed by Public on 08/07/2026 10:56

Leader Schumer Floor Remarks Slamming Trump’s Disastrous Economic Policies For Slower Economic Growth And Devastating Job Loss

Washington, D.C. - Today, Senate Democratic Leader Chuck Schumer (D-NY) spoke on the Senate floor to denounce Donald Trump's disastrous economic policies that led to the loss of 23,000 jobs in July and 103,000 fewer jobs in May and June. Below are Senator Schumer's remarks, which can also be viewed here:

The alarm bells on the sorry state of Trump's economy keep ringing and ringing.

The jobs report this morning revealed America lost 23,000 jobs last month because of Trump's disastrous agenda, his tariffs, and failed war. But that's not all. It got even worse. This morning's jobs report also revealed that 103,000 fewer jobs were added in May and June than previously reported. So the total job loss reported is close to 130,000 jobs.

The only person who ought to lose their job right now is Donald Trump. He's handing the economy so poorly with the chaos, the inconsistency, the lack of paying attention to the facts, the lying. It's all coming down to his doorstep.

Trump sowed mayhem in our economy with his costly war, with his chaotic economic and inconsistent policies, and with his nonstop corruption, but he's not suffering the consequences - working Americans are.

Donald: start doing your job, so the American people stop losing theirs.

Trump cost America 23,000 jobs last month, but he has the gall to call this "the greatest economy we've ever had by far." What planet is he on? Does he know care at all about the people? The 300 and some odd million Americans he represents. He just thinks by saying these things, it's true. Trump, when you say it's the greatest economy we've ever had, and we've lost over 130,000 jobs in the last few months, you don't know what you're talking about. You're not in reality. And it's cruel and callous to the people who are no longer earning a salary.

Americans are working multiple jobs just so they can feed and house their families. How are Americans supposed to afford Trump's skyrocketing costs if they lose their jobs too?

Last week's news that economic growth is down and costs are up was a one-two gut punch to the American people, and this terrible jobs report is the uppercut that follows.

Every red economic flag is waving, every warning light is flashing, and every alarm bell is ringing about Trump's catastrophic handling of the economy, and he's in La La Land not even paying attention to it and saying we have the greatest economy ever.

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United States Senate Democrats published this content on August 07, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on August 07, 2026 at 16:56 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]