Mission Statement: This blog reviews the news of the day in light of 242 years of American history. "Nationalism," a modern day pejorative, has been our country's politic throughout history, until 2008. Obama changed that narrative. Trump is seeking a return to our historical roots. Midknight Review supports this return to normality.
Pelosi goes out with an outrageious misstatment of the facts.
She said the following just yesterday. These are her last words as a national leader. As such, it is appropriate, we think, that her words constitute a blatant lie.
“Deficit reduction has been a high priority for us. It is our mantra, pay-as-you-go. Unfortunately, that will be changed, now. ”
Understand that within four hours of passing "paygo," Pelosi's House was already working on spending bills that were not paid for; Democrats using the fear of "crisis" and "emergency" to circumvent their own pay as you go law.
More than this, all of the Bush heavy spending (2008) was done under Pelosi's leadership as Speaker of the House. The financial crisis beginning in 2008 occurred on her watch and under the supervision of Democrat banking committees in both the Senate and the House of Represntatives. In fact, under Pelosi, the debt ceiling has grown from 8.6 trillion to 14.1 trillion dollars.
She became Speaker of the House in January of 2007 and has overseen 1.5 trillion dollars of debt per year while she and Harry Reid were in charge of Congress. Certainly, Bush was the President for much of this time, but it has been a Democrat Congress for four years and we must never forget this fact. Bush, unlike Obama, did not rule as a dictator.
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