Nancy Pelosi: "Under Democratic Presidents, the Deficit Goes Down."

Nancy Pelosi is completely unbearable.

Nancy Pelosi told Dana Bash on CNN that the deficit goes down under Democratic Presidents.

"Under Democratic presidents just look at the history, look at the facts, the deficit goes down under Democratic presidents, went down under President Clinton, went up under President Bush, tax cuts, tax cuts. And he had a giveaway to the pharmaceutical industry to which to the -- the national debt and to unpaid for wars. President Obama comes in. With President Obama came in the tax -- the deficit that January was $1.3 trillion; when he left it was $500 billion, a reduction of about 70 percent. "

Comments
No. 1-10
MittenTom
MittenTom

George Bush's final year deficit was 249 billion. Obama's first year deficit was 1.2 trillion, 987 billion of which was "shovel ready projects". He buried America.

JASmius
JASmius

Under Democrat presidents and Republican Congresses, the deficit has historically gone down. The debt, however, has never stopped spiraling upward. And that combination is the only one that has ever slowed down that spiral. The worst thing for deficits and the debt is one-party rule by either party. Though the Trump/Democrat Congress combo of the next two years will give it a run for its borrowed money.

dusty103
dusty103

Democrats would have to be completely brain dead to believe anything this woman says after Obama increased the debt by trillions more than all other presidents combined through his deficit spending.

Vandalii
Vandalii

Ah, the bait and switch -- Pres of one stripe operating with Congress of different stripe in all these situations. Blame the President when wrong stripe and wrong outcome, praise President of the favored stripe with the right outcome...from the wrong stripe's Congress.

myeweessay
myeweessay

The minority speaker (not-a-clue-Nancy) was able to baffle and bedazzle another not-a-clue liberal who does something for the sort-of network that tells the few people dumber than them stuff about the economy and politics that nobody understands. This is the blue wave?? God bless the USA.