Nancy Pelosi: “Every month 500 million Americans lose their jobs.”

House Majority Leader, Democratic Congresswoman Nancy Pelosi, demagogued in a press conference today what she believes will happen without President Obama’s “stimulus package” being passed before Presidents Day, February 16th:

I really think that if we do not have an economic recovery package, every month 500 million Americans lose their jobs. I don’t think we can go fast enough to stop that. The President asked for action, swift and bold. That is exactly what we are doing.

However, according to the U.S. Census Bureau today, the total population of the United States (adults and children) is only 305,750,357.

Fear-mongering? Ignorance? Slip of the tongue? Being dumb as soap? Maybe when she speaks of the proposed $825 billion (oops, now $900 billion) “economic stimulus package,” she really means $900 trillion or is it $900 Brazilian?

David J. Theroux is Founder, President and Chief Executive Officer of the Independent Institute.
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