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Thursday, August 4, 2011

Moneybox: "They Used To Cane Each Other and Have Duels"

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"They Used To Cane Each Other and Have Duels"
Nancy Pelosi riffs on the debt deal, the nihilist GOP, and the fights Congress used to have.
By Annie Lowrey
Posted Thursday, Aug. 4, 2011, at 5:46 PM ET

Nancy Pelosi. Click image to expand.House Minority Leader Nancy Pelosi sways and chatters, as animated as the other congressional leaders are stolid. She waves her bangle-adorned hands. She grins whenever she pauses to take a breath. Every question gets a minutes-long, ranging disquisition. This morning, sitting in a cream suit in her airy cream office in the Capitol, Pelosi spoke with a group of reporters for more than an hour about the current crummy economic situation and crummier Congress. She smiled. But that hardly hid her voluble frustration.

Her points were these: She is deeply dissatisfied with the debt deal and the deficit-reducing supercommittee it creates. She believes Republicans are essentially political nihilists, and she has plans to prevent them from winning again. And she is intensely focused on jobs and growth.

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Annie Lowrey reports on economics and business for Slate. Previously, she worked as a staff writer for the Washington Independent and on the editorial staffs of Foreign Policy and The New Yorker. Her e-mail is annie.lowrey@slate.com.

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