In an interview with Politics Daily posted Monday, Speaker of the House Nancy Pelosi claims that Democrats “haven’t really gotten the credit for what we have done,“ adding that the negative attention surrounding her proves she has been ”effective” and suggesting that voter discontent is simply due to misinformation.
“[W]e haven’t really gotten the credit for what we have done, but we will take it to the voters and have a Democratic majority to follow through on it,” the Speaker says confidently in the interview.
She also takes criticism as a sign of success: “If I were not effective, they wouldn’t care about me, but they must stop me because we have made this important change.”
She then quips, “it helps me raise money.”
But the irony may be that the reason Americans are upset with Democrats, and why so many are predicting wide Republican victories this fall, is exactly because constituents recognize what Dems have accomplished: mainly controversial financial reform and soaring deficits that include a widely unpopular health care bill.
On Monday, CNSNews.com revealed that after Pelosi promised “no new deficit spending” when she became Speaker in 2007, the national debt has increased by $5 trillion.
“Pelosi, the 60th speaker of the U.S. House of Representatives, has added more to the national debt than the first 57 House speakers combined,” Terrence Jeffrey reports.
Using figures from the U.S. Treasury Department, Jeffrey breaks down the numbers:
At the close of business on Jan. 4, 2007, Pelosi’s first day as speaker, the national debt was $8,670,596,242,973.04 (8.67 trillion), according to the Bureau of the Public Debt, a division of the U.S. Treasury Department. At the close of business on Oct. 22, it stood at $13,667,983,325,978.31 (13.67 trillion), an increase of 4,997,387,083,005.27 (or approximately $5 trillion).
Annual federal expenditures have increased by about $730 billion in the Pelosi era, while annual deficits have increased almost 8 fold. In fiscal 2007, when Pelosi became speaker, the federal government spent $2.73 trillion and ran an annual deficit of $162.8 billion, according to the Treasury Department. In fiscal 2009, the federal government spent $3.52 trillion and ran an annual deficit of $1.4157 trillion. In fiscal 2010, the federal government spent $3.46 trillion and ran an annual deficit of $1.2941 trillion.
But in response to Politics Daily’s comment that Pelosi and Democrats have fulfilled all their promises and a question about voter disconnect, Pelosi suggests that voters don’t really understand what Democrats did for them, and are the victims of a misinformation campaign.
“There are forces at work, special corporate interests who aren’t happy,” she says, and those interests are “pouring millions of millions of dollars into the media and now into the campaigns to mischaracterize everything that we did.”
“So that’s that. It’s up to us to go out there. I’m very confident; our members know why they voted for what they did.”
(H/T: The Hill)