who unite the united states government to pay them on a regular basis. one of the things that republicans have mentioned, the disco, around but also back in 2011 when we went through this for the first time in a real serious way, it is, oh, don t worry, we can prioritize the payments. there is a bill out on the hill that would require treasury to prioritize payments if the debt limit isn t raised. is that realistic? prioritization is defaults by another name, jonathan. what it means is that you would pay some people, and not other people. that would be the first time in the history of the united states where we haven t done. that congress needs to do today is raise the debt limit, which they ve done 80 times since 1960, and three times in the last administration, without having to negotiate. if we don t do that, we had to put a place where not only financial markets could be, hurt but real lives of americans could be hurt. you outlined the data yourself earlier in the segment, but
on a high note. you got some good news from the jobs report. created 260,000 jobs last month. but it s not all good piso inflation actually is too high still inversely continuing to work on that. and progressiva making a mov to help low income workers. senator bernie sanders is tryin to raise the minimum wage from $7.25 an hour to $17 an hour. is not acceptable today that nearly 35 million american workers earn less and $70 an hour. and the debt limit deadline inches closer, the president is elevating argument made by his director of national intelligence that a default would be exploited by china and russia. this is becoming a mission o other countries: what s the united states going to do? are they really fooling around with not paying their debt? a big announcement today, susan rice s replacement is domestic policy advisor will be
speech on the economy, acknowledged inflation is way too high. take a listen to what else he said. our economy created 263,000 jobs last month. that s ten million jobs since i ve come into office. that s the fastest job growth of any point of any president in all of american history. historic progress. the unkplamt rate at historic low, 3.5% unemployment. yes, inflation is at an all-time high. unemployment is low, job creation is high, wage creation is high. president biden says those parts of the economy is helping the middle class. do you agree? i agree getting people back to work is critically important. the reality is we didn t have to be here where we have this challenged economy. decisions were made in early days of the biden administration to give up our energy independence, decisions made in order to encourage people to stay home and keep the economy closed. one of the biggest challenges we have today is labor
getting virginia open again. i m really pleased by the progress we made in the first nine months. let s talk about the economy which i know is a big issue for you in the commonwealth of virginia. president biden gave a major speech on the economy, acknowledged inflation is way too high. take a listen to what else he said. our economy created 263,000 jobs last month. that s 10 million jobs since i ve come into office. that s the fastest job growth at any point of any president in all of american history. historic progress. the unemployment rate at historic low, 3.5% unemployment. yes, inflation is at an all-time high. unemployment is low, job creation is high, wage creation growth is high, and president biden says those parts of the economy is helping the middle class. do you agree? i agree getting people back to work is critically important. the reality is we didn t have to be here where we have this