Skip to comments.Five Big Lies In Obama's Fairness Speech
Posted on 12/08/2011 6:52:47 AM PST by SeekAndFind
One thing is certainly true about President Obama - no matter how many times people point out the falsehoods in his speeches, he just keeps making them. Case in point: his latest "economic fairness" address.
In that speech Tuesday, Obama once again tried to build a case for his liberal, big-spending, tax-hiking, regulatory agenda. But as with so many of his past appeals, Obama's argument rests on a pile of untruths. Among the most glaring:
Tax cuts and deregulation have "never worked" to grow the economy. There's so much evidence to disprove this claim, it's hard to know where to start. But let's begin with the fact that countries with greater economic freedom - lower taxes, less government, sound money, free trade - consistently produce greater overall prosperity.
Here at home, President Reagan's program of lower taxes and deregulation led to an historic two-decade economic boom. Plus, states with lower taxes and less regulation do better than those that follow Obama's prescription.
Obama also claimed the economic booms in the '50s and '60s somehow support his argument. This is utter nonsense. Taxes at the time averaged just 17% of the economy. And there was no Medicare, no Medicaid, no Departments of Transportation, Energy or Education, and no EPA. Had Obama been around then, he would have decried it all as un-American.
Bush's tax cuts on the rich only managed to produced "massive deficits" and the "slowest job growth in half a century." Budget data make clear that Obama's spending hikes, not Bush's tax cuts, produced today's massive deficits.
And Obama only gets his "slowest job growth" number by including huge job losses during his own term in office. Also, monthly pre-recession job growth under Bush was about 40% higher than post-recession growth has been under Obama.
(Excerpt) Read more at realclearmarkets.com ...
The same Five Big Lies they have been telling repeatedly since the day Reagan put his hand on the Bible.
Oh how I wish ignorance and conceit were impeachable offenses!
Sadly some people will believe these lies and of course the MSM would never report the truth.
The only way Democrats can further their socialist agenda is through lying. They lie repeatedly because their Marxist ideology, if manifested fully, would be anathema to most Americans - and the left knows this. Soon-to-be-ex president Obama is simply doing what leftists reflexively do: lie - and then lie some more. One hopes his lies and destruction of the U.S. economy has finally reached the point where even the normally apathetic American who voted for the ‘historic’ Obama will finally grow sick of being clearly lied to and taken for a fool by this narcissistic fraud we mistakenly elected as our president but will soon replace - with absolutely no regrets.
To be fair, I doubt that most of the MSM understand economics well enough to KNOW what the truth is. After all, they ARE liberals. In college they were probably talking "History of the White Man's Oppression of All Others, Part III" while those of us in business programs were studying macroeconomics.
Liberals lie. All the time. Just for practice.
That is so well put - may I borrow it?
How about openly declaring that our limited government as defined in the Constitution has never worked and that he wants to change it? I look upon that statement as violating his oath of office to uphold and defend the Constitution, Is that an impeachable offense? You betcha.
As others have put so succinctly -
you don’t “change” something you approve of.
You only “change” something you don’t like.
He’s so GD stupid that TOTUS must have to tell him to breath.
Obama has sh*t for brains,he can’t do anything right.