Soulshiner wrote: Romney told 27 myths in 38 minutes.
I'll pick number 9 to show why ThinkProgress.org isn't itself a thinking organization.
9) “The president’s put it in place as much public debt — almost as much debt held by the public as all prior presidents combined.” This is not even close to being true. When Obama took office, the national debt stood at $10.626 trillion. Now the national debt is over $16 trillion. That $5.374 trillion increase is nowhere near as much debt as all the other presidents combined.
Two entirely different things are being talked about here. Romney was speaking of the federal debt held by the public while the "factchecker" over at thinkprogress.org is talking about the entirety of the debt. Those two are not even close to being the same thing. The federal debt that is held by the public is the portion of the federal debt that is held by investors outside of the federal government. Entities like the Federal Reserve System, individuals, corporations, pension funds and foreign, state and local governments. When Owebama was sworn in, the debt held by the public was $5.3 Trillion and at the end of fiscal 2012 (October 30th of this year) it is estimated that the figure will be $9.7 Trillion, an 83% increase in the federal debt that is held by the public.
But you have to give the folks over at thinkprogress.org points for trying to spin it as best they can, even when they have to resort to intentional misrepresentation to accomplish the task.
Too bad Obama didn't talk about the Social Security lockbox...
What a bunch of hooey!! Didn't notice any news reports from his several visits to CU about being inarticulate and clueless. Isn't Boulder higher than Denver? (no pun intended, but it did work out well)
FredHayek wrote: Biden can still forfeit right? Notice Obama in front of his adoring fans this morning? Much more at ease when not actually being challenged.
You mean when he has a teleprompter to tell him what to say.
No that Biteme fellow is entertainment. He gives the GOP all kinds of fodder. The VP debate should be fun when Paulie wipes the floor with him.
Don't you just love all the contributions/donations that are flowing in to Rumney/Paulie.
Thanks Obuma for your performance last night.
IN NOVEMBER 2014, WE HAVE A GOLDEN OPPORTUNITY TO CLEAN OUT THE ENTIRE HOUSE AND ONE-THIRD OF THE SENATE! DONT BLOW IT!
“When white man find land, Indians running it, no taxes, no debt, plenty buffalo, plenty beaver, clean water. Women did all the work, Medicine man free. Indian man spend all day hunting and fishing; all night having sex. Only whit man dumb enough to think he could improve system like that.” Indian Chief Two Eagles
Mitt Romney wants to fire Big Bird. He’s got a plan, mostly secret, to restore America to fiscal sanity. But first, he wants to cut taxes by 20 percent. Ultimately, that will cost $5 trillion. At the same time, he wants to add things to the defense budget. And none of this will add a penny to the debt.
A third grader could tell you that his numbers don’t add up. Go ahead, ask a third grader. Romney knows it doesn’t add up, so he’s not specific. Oh, except for Big Bird — no more subsidies for PBS, you mono-toned moochers. That’s 0.00014 percent of the budget.
(That's about enough to run the Government for about 1 hour.)
So, $5 Trillion in tax-cuts; $2 Trillion more for defense, that the DoD doesn't want.... And it's going to be paid for by firing Big Bird...
