Here’s the story from CNS News, which the OFFICIAL NUMBERS from the Treasury Department.
In the 1,461 days that Rep. Nancy Pelosi (D.-Calif.) served as speaker of the House, the national debt increased by a total of $5.343 trillion ($5,343,452,800,321.37) or $3.66 billion per day ($3.657,394,113.84), according to official debt numbers published by the U.S. Treasury.
Pelosi was the 52nd speaker of the House. During her tenure, she amassed more debt than the first 49 speakers combined.
[…]When Pelosi was sworn in on Jan. 4, 2007, the national debt stood at $8,670,596,242,973.04. At the close of business on Jan. 4, 2011, her last full day in the speakership, it stood at 14,014,049,043,294.41–an increase of $5,343,452,800,321.37.
[…]When Pelosi became speaker in January 2007 she was emphatic that there would be no new deficit spending.
“After years of historic deficits, this 110th Congress will commit itself to a higher standard: Pay as you go, no new deficit spending,” she said in her inaugural address from the speaker’s podium. “Our new America will provide unlimited opportunity for future generations, not burden them with mountains of debt.”
And a quick refresher about who controlled the House and the Senate at different times:
|Year||Congress||President||Senate (100)||House (435)|
|2009||111th||D||D – 55***||D – 256|
|2007||110th||R||D – 51**||D – 233|
|2005||109th||R||R – 55||R – 232|
|2003||108th||R||R – 51||R – 229|
|2001||107th||R||D*||R – 221|
|1999||106th||D||R – 55||R – 223|
|1997||105th||D||R – 55||R – 228|
|1995||104th||D||R – 52||R – 230|
|1993||103rd||D||D – 57||D – 258|
All government spending originates in the House of Representatives, so spending was a Democrat problem since the Democrats took over the House (and Senate) in January 2007. They own this recession.
And the reason that things went well in the Clinton Presidency is because the Republicans were in control of all the spending.