Pay As You Go?

Helen Whalen Cohen | January 05, 2011 12:01 PM

You can fool some people all of the time, and all people some of the time and now Nancy Pelosi is trying to fool all of us all the time.

At her final press conference, she claimed that "Deficit reduction has been a high priority for us. It is our mantra, pay-as-you-go."

The problem with this statement is that it is blatantly false. As Fox Nation reports:

When the Pelosi Democrats took control of Congress on January 4, 2007, the national debt stood at $8,670,596,242,973.04. The last day of the 111th Congress and Pelosi's Speakership on December 22, 2010 the national debt was $13,858,529,371,601.09 - a roughly $5.2 trillion increase in just four years. Furthermore, the year over year federal deficit has roughly quadrupled during Pelosi's four years as speaker, from $342 billion in fiscal year 2007 to an estimated $1.6 trillion at the end of fiscal year 2010.

There should have been a ticker for every false claim that Pelosi has made in her last press conference.

As Doug Powers points out, if what the former Speaker said is true, then a graph of the national debt should probably look a little more horizontal.