Friday, September 7, 2012

5 of the BIGGEST LIES TOLD By OBAMA , BIDEN & CLYBURN at the DNC ..

1) On Thursday, Rep. James Clyburn (D-S.C.) made some bold claims about the GOP’s handling of Social Security, Medicare and Medicaid — the nation’s largest, most intensely valued — and most controversial — entitlement programs. The congressman said that“Republicans stood on the sidelines” when these programs were created, a notion thatPolitiFact found to be false.
2) Vice President Joe Biden took the stage, too, last night, where he made a statement about Romney and Osama bin Laden that wasn’t factually accurate. Rather than placing the comments in their proper context, Biden claimed that Romney once said “it’s not worth moving heaven and earth” to catch the infamous terrorist.
3) President Barack Obama, too, had some verbal blunders. Among his misleading statements was a claim that his tax plan would merely restore rates to what they were under President Bill Clinton’s administration. This, though, doesn’t take into account the tax increases that the wealthy will face as a result of Obama care; these additional taxes kick in next year. FactCheck.org writes:
Obama refers to his wish to allow the Bush tax cuts to expire for families with over $250,000 annual income, or for individuals with over $200,000. The top marginal income tax rate would return to 39.6 percent, where it was set by Clinton’s 1993 tax increase, up from 35 percent, where it has been since 2003.
4) Obama also repeated the same claim that Clinton was called out for on Wednesday — that the current president has a plan that will cut deficits by $4 trillion. During his speech, Obama said, “Independent analysis shows that my plan would cut our deficits by $4 trillion. Last summer, I worked with Republicans in Congress to cut $1 trillion in spending.”
The Washington Post’s The Fact Checker debunked this claim, once again, writing:
But, while the numbers seem large, the results are unimpressive. At the end of the 10-year budget window, Obama would have the national debt at a 76.5 percent of gross domestic product. That actually would be an increase over the 74.2 percent of GDP in this year. In contrast, the debt reduction plan envisioned by the Simpson-Bowles commission — cited by the president — would reduce the debt-to-GDP ratio close to 60 percent.
5) The final lie comes, again, from Biden. During his speech, he contended that “the experts” claim that Romney has a corporate tax plan that would create hundreds of thousands — 800,000 jobs, to be exact — overseas. In reality, only one expert asserted that this is the case and she was careful to say that it depends on the details.
Even if these jobs do grow in other countries, she said it was possible for that to happen without hampering U.S. employment. FactCheck.org explains:
She notes in her study that “jobs abroad need not displace jobs at home” — that is, provided that the present economy improves, and U.S. unemployment drops to a low level. So depending on the economic circumstances, creating jobs overseas doesn’t necessarily mean losing jobs in the U.S., as Biden’s listeners might have assumed.
5 of the Biggest Lies Told By Obama, Biden & Clyburn at the DNC |  CLICK  FOR  MORE..



No comments:

Post a Comment