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Life, Liberty, and the Firearms that protect them both

There are regular Obama lies, and then there are ones even the AP will call him on

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AP: FACT CHECK: Obama’s jobs plan paid for? Seems not

President Barack Obama’s promise Thursday that everything in his jobs plan will be paid for rests on highly iffy propositions.

It will only be paid for if a committee he can’t control does his bidding, if Congress puts that into law and if leaders in the future – the ones who will feel the fiscal pinch of his proposals – don’t roll it back.

Underscoring the gravity of the nation’s high employment rate, Obama chose a joint session of Congress, normally reserved for a State of the Union speech, to lay out his proposals. But if the moment was extraordinary, the plan he presented was conventional Washington rhetoric in one respect: It employs sleight-of-hand accounting.

Short version:

OBAMA: “Everything in this bill will be paid for. Everything.”

By somebody else.  Later.  Somehow.  Or not.

OBAMA: “Everything in here is the kind of proposal that’s been supported by both Democrats and Republicans, including many who sit here tonight.”

Especially the proposals that they have already rejected twice like income tax hikes.

OBAMA: “It will not add to the deficit.”

By more than a half trillion dollars.

OBAMA: “The American Jobs Act answers the urgent need to create jobs right away.”

“Shovel-ready was not as … uh .. shovel-ready as we expected.” – Obama

Written by BornLib

September 9, 2011 at 12:49 am

Posted in Economics, Liberalism

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