“4 yrs ago, Fed Chair told us if we didn’t act immediately we wouldn’t have an economy by Mon,” Rep. Nancy Pelosi announced on Twitter this morning. “We are #betteroff today.”
Pelosi also issued a lengthy statement celebrating the fourth year since the Wall Street bailout, taking credit for turning at phone call with Federal Reserve Chairman Ben Bernanke into a bipartisan meeting that saved the economy.
“This fall, Americans are being asked whether we are better off today than we were four years ago,” notes Pelosi. “As we recall the events of September 18, 2008, there can only be one honest answer: fundamentally and unquestionably yes.”
Pelosi explains in her statement that in spite of misgivings from the Bush administration, she forced all parties to the table to meet with Ben Bernanke about the danger of Wall Street collapsing.
“Despite a Presidential election seven weeks away, it was no time for partisanship,” Pelosi explains. “The crisis demanded that Democrats and Republicans work with President Bush to rescue our economy from depression.”
Pelosi further concludes that the Wall Street bailout was a successful bi-partisan moment that saved the economy, reminding voters that thanks to the Democratic party, the country is better off than it was four years ago.
“We still have work to do to continue the American recovery. But are we better off on this September 18 than we were four years ago?” she asks. “Certainly we are, and with the continued steady leadership of President Obama, the American economy will continue to expand and the prosperity of individual Americans will continue to grow in the years ahead.”