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Current Events => Politics => Topic started by: CC27 on November 24, 2009, 03:48:54 PM

Title: Pelosi says Americans could 'absorb' increased deficit if it means more jobs
Post by: CC27 on November 24, 2009, 03:48:54 PM
Quote
Americans could be ready to "absorb" increases to the deficit if it means higher employment, Speaker Nancy Pelosi (D-Calif.) said Tuesday.

As the Congress prepares to put together a new spending package focused on creating new jobs in the U.S., the Speaker said that while it's a "false choice" to pose the situation facing lawmakers as a balance between jobs and increased deficits, Americans would rather have jobs.

"So if somebody has the idea that the percentage of GDP of what our national debt is will go up a bit, but they will now — and their neighbors and their children will — have jobs, I think they could absorb that," Pelosi said in a conference call with liberal bloggers on Tuesday, audio of which was posted by ThinkProgress.

:mental:

http://thehill.com/blogs/blog-briefing-room/news/69317-pelosi-americans-could-absorb-increased-deficit-if-it-means-more-jobs

Title: Re: Pelosi says Americans could 'absorb' increased deficit if it means more jobs
Post by: thundley4 on November 24, 2009, 03:58:58 PM
Sounds like the stupid b*tch is paving the way for more welfare distribution in the form of another UNstimulating pork bill.
Title: Re: Pelosi says Americans could 'absorb' increased deficit if it means more jobs
Post by: DumbAss Tanker on November 24, 2009, 04:01:27 PM
She sort of has the logic of how reduced taxes benefit revenue production backwards, but why should she change the thought patterns  of her whole career now, after all?
Title: Re: Pelosi says Americans could 'absorb' increased deficit if it means more jobs
Post by: 5412 on November 24, 2009, 04:09:46 PM
Sounds like the stupid b*tch is paving the way for more welfare distribution in the form of another UNstimulating pork bill.

Nancy Pelosi is the poster child for term limits.....

In her case it should be called stupid limits.

geesh,
5412
Title: Re: Pelosi says Americans could 'absorb' increased deficit if it means more jobs
Post by: thundley4 on November 24, 2009, 04:13:22 PM
Nancy Pelosi is the poster child for term limits.....

In her case it should be called stupid limits.

geesh,
5412

If stupid was a crime she'd get the death penalty for it.
Title: Re: Pelosi says Americans could 'absorb' increased deficit if it means more jobs
Post by: Carl on November 24, 2009, 04:21:31 PM
She is an idiot as it seems does not understand that handing people money to spend whether it be directly or indirectly will lead to stifling inflation.
Companies will be forced to raise the price of their product to meet the competitive wage requirement a government subsidy will create.

It is a political payoff to unions at the expense of jobs and the economy.
Those that think Nancy cares for them will lose just as much as the rest of the private sector.