Nancy Pelosi is the Speaker of the House and a loyal supporter of Barack Obama. One could perhaps forgive her for stretching the truth a little bit to gain support for Barack Obama’s highly criticized $900 Billion stimulus package. However, she has twice claimed that without Obama’s stimulus plan, America will lose 500 million jobs. Yes, 500 MILLION.

Nancy Pelosi

Nancy Pelosi: 500 Million jobs will be lost

Some Democrats are exaggerating the country’s economic woes in an effort to gain bipartisan support for Barack Obama’s fading stimulus package. As we reported here, the GOP revealed that the package is filled with ridiculous pork projects, and Obama is having trouble regaining momentum behind his plan.

Nancy Pelosi seems to be taking exaggeration to another level. On January 18th on Fox News Sunday, Nancy Pelosi stated that 500 million jobs would be lost unless Obama’s stimulus package was passed by Congress. Chris Wallace corrected her, stating she probably meant 500,000 jobs. Pelosi responded in her own defense, “It feels like 500 million.” The population of the United States is 303 million, Ms. Pelosi.

“Some 500,000 Americans will lose their jobs each month until we have a recovery package,” she then said to correct herself.

Hey, everyone makes mistakes, right?

Then, in a speech that is making its way around the blogs this week, including Michelle Malkin’s, Pelosi stated AGAIN that “every month that we do not have an economic recovery package 500 million Americans lose their jobs.”

You can see the absurb claim below:



500 Million jobs will be lost!

Even if we forgive her slip of the tongue, I contest that even her underlying 500,000 jobs claim is suspect. Is she saying that without a stimulus package, America will shed 500,000 jobs a month for the foreseeable future? Even six months from now, when most economists predict the recession will be over? Even two years from now? Nonsense. This is the same ridiculous scare tactic that liberals spewed when gas prices were at $4.50 a gallon. Remember, without government intervention, gas prices would be $7.00 a gallon by now? It never happened.

Let’s hope that reasonable people won’t be swayed by these scare tactics.