Rep. Nancy Pelosi (FORMER Speaker of the House)
"Without the Recovery Act (Stimulus/Porkulus) and accompanying federal interventions, whether from the Fed, or Cash for Clunkers, or other initiatives, the unemployment rate last year at the time of the election would have been 14.5%, not 9.5%."
Forget "9.5%" and "14.5%", Obama promised the unemployment rate wouldn't get over 8.5% if his Porkulus bill was passed...Not surprisingly, Obama and Nancy's spending binge did nothing to help jobs and was simply a slush fund for the two to pay off their buddies.
Obama recently told an unintended truth - "I don't think (Americans are) better off than they were four years ago."
Sadly, he's correct.
And, Sen. Jim DeMint (R - SC) put it best - "The real question for everyone is: Are you better off than you were $4 trillion ago?"
Sadly, the answer is an obvious 'NO.'
Forget "9.5%" and "14.5%", Obama promised the unemployment rate wouldn't get over 8.5% if his Porkulus bill was passed...Not surprisingly, Obama and Nancy's spending binge did nothing to help jobs and was simply a slush fund for the two to pay off their buddies.
Obama recently told an unintended truth - "I don't think (Americans are) better off than they were four years ago."
Sadly, he's correct.
And, Sen. Jim DeMint (R - SC) put it best - "The real question for everyone is: Are you better off than you were $4 trillion ago?"
Sadly, the answer is an obvious 'NO.'
Labels: Nancy Pelosi
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