Nancy Pelosi Promised Obamacare Would Create 4 Million Jobs. Um, About That...
At the New Editor, Tom Elia does something that's very unfair. He quotes a Democrat accurately. Whenever you do that -- as the Dallas Morning News is finding out lately by reporting on Wendy Davis' dishonesty -- Democrats attack you and call you names.
Four years ago, in February 2010, then House Speaker Nancy Pelosi (D-CA) made a promise about Obamacare, the law that she and her fellow Democrats were poised to pass and make law.
Pelosi said "This bill...will create 4 million jobs, 400,000 almost immediately."
But the Congressional Budget Office said today that Obamacare is likely to kill 2.5 million jobs, while slowing overall economic growth over the next decade.
So Pelosi was only off by 6.5 million jobs.