Pelosi: “Deficit Reduction Has Been a High Priority For Us”
Although I realize that some have probably seen this already, I somehow managed to miss it yesterday. In her self-absorbed speech before she handed the gavel to John Boehner, Nancy Pelosi managed to utter quite a few incredible things, but this is the most delusional of all:
Deficit reduction has been a high priority for us.
I guess her definition of deficit reduction is different than mine, heh! CNS provides a much needed reality check for Madam Pelosi and her latest nuttery:
In the 1,461 days that Rep. Nancy Pelosi (D.-Calif.) served as speaker of the House, the national debt increased by a total of $5.343 trillion ($5,343,452,800,321.37) or $3.66 billion per day ($3.657,394,113.84), according to official debt numbers published by the U.S. Treasury.
Pelosi was the 52nd speaker of the House. During her tenure, she amassed more debt than the first 49 speakers combined.
When Pelosi was sworn in on Jan. 4, 2007, the national debt stood at $8,670,596,242,973.04. At the close of business on Jan. 4, 2011, her last full day in the speakership, it stood at 14,014,049,043,294.41–an increase of $5,343,452,800,321.37.
Pelosi served as speaker for four full years, including one leap year, making her time in that office 1,461 days. On average, the federal government added $3.66 billion ($3,657,394,113.84) in new debt for each of those days.
Pelosi not only outstripped her predecessors in the total volume of debt added to the national debt during her tenure as speaker, but also in the rate at which new debt was added. In fact, Pelosi added debt at a rate more than three times faster than her nearest competitor.
Toward the end of the above video, Bill O’Reilly openly wonders if Pelosi is delusional. I’m assuming that’s a rhetorical question. In any case, the decision by House Democrats to allow Pelosi to remain as the face of their caucus heading into 2012 is the proverbial gift that keeps on giving, and for that we should be grateful.