Dumbest Person of the Month, Pelosi Says Unemployment Rate Would Have Hit 14.5% Without 2009 Stimulus

She has drifted into crazy and retarded.

Pelosi Says Unemployment Rate Would Have Hit 14.5% Without 2009 Stimulus | The Weekly Standard

OCT 6, 2011 • BY JOHN MCCORMACK

Nancy Pelosi refuses to use the word "stimulus" to describe the president's "American Jobs Act." But when asked today to name significant differences between the Jobs Act and the 2009 stimulus package, Pelosi didn't identify any, except the amount of money each bill costs. "This is a much smaller package," she said of the $497 billion American Jobs Act. The 2009 American Recovery and Reinvestment Act cost $862 billion.

Pelosi praised the 2009 Recovery Act as "a success in terms of job creation," though it wasn't "fully appreciated."

"Without the Recovery Act 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 fourteen and a half percent, not nine and a half percent," said Minority Leader Pelosi. "But if you're a voter and you don't have a job that doesn't mean anything to you and that's right, because nine and a half percent is too high."

The White House infamously predicted that the Recovery Act would keep the unemployment rate from rising above 8 percent. Democrats have since argued that things would have been even worse had the stimulus not passed. Pelosi's claim that the unemployment rate would have reached 14.5 percent without government intervention seems to be a new high.

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Pelosi on Occupy Wall Street Protesters: "God bless them"

OCT 6, 2011 • BY JOHN MCCORMACK

During a press conference Thursday afternoon, House minority leader Nancy Pelosi praised those participating in the "Occupy Wall Street" protests. "God bless them," Pelosi said, "for their spontaneity. It's independent ... it's young, it's spontaneous, and it's focused. And it's going to be effective."

"The message of the protesters is a message for the establishment everyplace," said the House Democrats' leader. "No longer will the recklessness of some on Wall Street cause massive joblessness on Main Street."

Pelosi did not comment on--and was not asked about--the law-breaking that occurred during the protest over the weekend. About 700 protesters were arrested by New York City police after the protesters "swarmed the Brooklyn Bridge and shut down a lane of traffic for several hours," according to CBS News.

When the Tea Party movement emerged in 2009, then-Speaker of the House Pelosi called them "astroturf" and "un-American" people who were "carrying swastikas."