Pelosi: Unemployment would be 15% if not for us. - Bob Beauprez - Townhall Finance: Nancy Pelosi stepped in front of the cameras to defend Barack Obama and the Democrats' record on job creation and the economy recently. The former Speaker of the House said the President had been "a job creator from day one." As if that statement alone didn't sufficiently prove her detachment from reality, she added that "if President Obama and House Congressional Democrats had not acted, we would be at 15 percent unemployment." (video here)
Nancy should have left the numbers to somebody who actually understands them, because a little analysis of the real tragic situation in the workforce reveals that the total number of unemployed in America is much closer to 15 percent than the former Speaker apparently realizes, and there is plenty more bad news, too.
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