RMoney's Debate Claims based on 10 baseless facts....

RMoney's baseless claims:

"The president said he’d cut the deficit in half. Unfortunately, he doubled it.”
– Mitt Romney, Oct. 3 Presidential Debate

Obama Doubled The Deficit
When Obama took office in 2009, the deficit was projected to be $1.2 trillion during that year, and it ultimately turned out to be $1.4 trillion, according to Congressional Budget Office data cited by The New York Times. The deficit is expected to be $1.1 trillion for fiscal year 2012.

"I just don't know how the president could have come into office, facing 23 million people out of work, rising unemployment, an economic crisis at the -- at the kitchen table, and spend his energy and passion for two years fighting for Obamacare instead of fighting for jobs for the American people. It has killed jobs."
– Mitt Romney, Oct. 3 Presidential Debate

Obamacare Killed Jobs
The Congressional Budget Office estimates that healthcare reform will reduce the health care industry's workforce by only about 0.5 percent, largely because workers will decide to retire early or work fewer hours. And if Romney's Massachusetts health care reform law is any indication, job loss won't be a big problem; employment trends in the state have mirrored national trends since Romneycare took effect.

"It's hurt the housing market because Dodd-Frank didn't anticipate putting in place the kinds of regulations you have to have. It's not that Dodd-Frank always was wrong with too much regulation. Sometimes they didn't come out with a clear regulation."
– Mitt Romney, Oct. 3 Presidential Debate

Dodd-Frank Hurt The Housing Market
The Dodd-Frank regulations aim to prevent another housing crash like the one that helped to cause the 2008 financial meltdown by banning high-risk lending practices, according to CBS News. In addition, the housing market has been on a slow rebound since Obama took office.

If anything, it may be banks that are holding back the housing recovery. Many are slow to lend because they're concerned Fannie Mae and Freddie Mac will make them take back any bad loans, the Wall Street Journal reports.

"The idea of cutting $716 billion from Medicare to be able to balance the additional cost of Obamacare is, in my opinion, a mistake."
– Mitt Romney, Oct. 3 Presidential Debate

Medicare Cuts
The indirect effects of Obamacare have yet to be determined, since the law has yet to be implemented. But as the law is written now, Obamacare doesn't cut seniors' benefits as part of its plan to curb health care costs, according to USA Today.

Obama's healthcare law would curb benefits to health care providers and insurers, but doesn't directly cut seniors' benefits. Critics allege however, that the cuts in payments would have the unintended consequence of hurting seniors because doctors would stop accepting Medicare patients, according to USA Today.

Obamacare "puts in place an unelected board that’s going to tell people, ultimately, what kind of treatments they can have."
– Mitt Romney, Oct 3 Presidential Debate

Health Care Panel ("Death Panels" / "They're going to kill Granny"
Though Obamacare does create an independent board, the law prohibits the board from making recommendations to "ration health care," or "otherwise restrict benefits or modify eligibility,” according to Bloomberg.

"Up to 20 million people will lose their insurance as Obamacare goes into effect next year."
– Mitt Romney, Oct. 3 Presidential Debate

Employer-Based Health Insurance
Some workers may switch from their employer-provided health plans, according to the Congressional Budget Office, but that number is more likely to be closer to between 3 and 5 million per year between 2019 and 2022.

"The president has a view very similar to the view he had when he ran four years ago, that a bigger government, spending more, taxing more, regulating more -- if you will, trickle-down government would work."
– Mitt Romney, Oct. 3 Presidential Debate

"Trickle-Down Government"
President Obama's proposed budget is estimated to cut about $1.1 trillion over the next 10 years and, so far, Obama has signed $2 trilion worth of spending cuts into law, according to Democratic Party Pollster Bernard Whitman.

"You never balance the budget by raising taxes."
– Mitt Romney, Oct. 3 Presidential Debate

Balancing The Budget
President Bill Clinton managed to balance the budget during his time in office with a tax boost for those in the top 2 percent of earners, according to Duke professor William Chafe.

"My plan is not to put in place any tax cut that will add to the deficit."
– Mitt Romney, Oct. 3 Presidential Debate

Adding To The Deficit
Romney's tax plan would cost the country $4.8 trillion over the next 10 years, according to Tax Policy Center data, cited by NBC News.

"And these businesses -- many of them have gone out of business. I think about half of them, of the ones have been invested in, they’ve gone out of business."
– Mitt Romney, Oct. 3 Presidential Debate

Clean Energy Failures
Businesses that got government clean energy loans failed at a rate of about 1.4 percent at the end of 2011, according to The Washington Post.

http://www.huffingtonpost.com/2012/10/0 ... more254755


Gee whiz... I'll see your 5 lies, and make it 10....

rofllol

You have to love your petty defenses. Mitt says Obama doubled the debt levels, and he didn't quite. Victory Obama, oh wait, he still added a massive amount to the debt, much more than "W". (And much more than he promised, another loss for Barack.)
Like the serial killer didn't kill 13 people, it was only 11, hurrah!!!

:thumbsup: Pretty sad that the HuffPo does a better job attacking Romney's lies than his debate opponent, the President Empty Suit.

Maybe HuffPo or Hilary can fill in for the leader of the free world in the next debate. He would prefer to have a laugh with George Clooney and Anna Wintour compared to defending his hopeless record.

According to the U.S. Department of Labor’s Mass Layoffs Summary, 1,032,764 people have been laid off so far this year – and that’s just the reported numbers.

Obama's America...

If you are one of the million+ people who got laid off in this lousy economy- just this year (not to mention the last 3 years) there's a new article out just for you....

Due to rising demand- the "How to Survive Unemployment" guide.
Read all about it here... http://finance.yahoo.com/news/survive-unemployment-095001997.html

Layoffs? We should trust their unemployment numbers? From the same administration that wants to supress the truth in coming defense worker layoffs.

"The president said he’d cut the deficit in half. Unfortunately, he doubled it.”
– Mitt Romney, Oct. 3 Presidential Debate

Obama Doubled The Deficit
When Obama took office in 2009, the deficit was projected to be $1.2 trillion during that year, and it ultimately turned out to be $1.4 trillion, according to Congressional Budget Office data cited by The New York Times. The deficit is expected to be $1.1 trillion for fiscal year 2012.

In 8 years under Bush the deficit grew by $4.8 Trillion. In the last 4 years of Owebama, the tally has climbed by over $5 Trillion. More debt in half the amount of time puts Owebama on pace to accumulate twice as much debt than did Bush if he's given a second chance.

"I just don't know how the president could have come into office, facing 23 million people out of work, rising unemployment, an economic crisis at the -- at the kitchen table, and spend his energy and passion for two years fighting for Obamacare instead of fighting for jobs for the American people. It has killed jobs."
– Mitt Romney, Oct. 3 Presidential Debate

Obamacare Killed Jobs
The Congressional Budget Office estimates that healthcare reform will reduce the health care industry's workforce by only about 0.5 percent, largely because workers will decide to retire early or work fewer hours. And if Romney's Massachusetts health care reform law is any indication, job loss won't be a big problem; employment trends in the state have mirrored national trends since Romneycare took effect.

Only a wholly unapologetic apologist for Owebama would even attempt to try and draw a line between employment in the healthcare sector and the quote from Romney.

"It's hurt the housing market because Dodd-Frank didn't anticipate putting in place the kinds of regulations you have to have. It's not that Dodd-Frank always was wrong with too much regulation. Sometimes they didn't come out with a clear regulation."
– Mitt Romney, Oct. 3 Presidential Debate

Dodd-Frank Hurt The Housing Market
The Dodd-Frank regulations aim to prevent another housing crash like the one that helped to cause the 2008 financial meltdown by banning high-risk lending practices, according to CBS News. In addition, the housing market has been on a slow rebound since Obama took office.

If anything, it may be banks that are holding back the housing recovery. Many are slow to lend because they're concerned Fannie Mae and Freddie Mac will make them take back any bad loans, the Wall Street Journal reports.

Clearly an indictment that the federal mandate that 60% of Fannie and Freddie's activities must be done within a specific segment of the market is what inflated the housing bubble. Now that lenders are no longer insulated from risk to provide Fannie and Freddie with customers by virtue of the implicit federal guarantee, there are fewer customers for Fannie and Freddie. Banks are not holding back the recovery, banks are now lending only to those who pose little risk of defaulting. The Owebama declaration was that banks made risky loans in pursuit of profits, which is precisely what Dodd-Frank was meant to prevent a repeat occurrence of. Mission accomplished, banks are no longer making risky loans looking for a quick profit - that's what the Democrats wanted, wasn't it?

"The idea of cutting $716 billion from Medicare to be able to balance the additional cost of Obamacare is, in my opinion, a mistake."
– Mitt Romney, Oct. 3 Presidential Debate

Medicare Cuts
The indirect effects of Obamacare have yet to be determined, since the law has yet to be implemented. But as the law is written now, Obamacare doesn't cut seniors' benefits as part of its plan to curb health care costs, according to USA Today.

Obama's healthcare law would curb benefits to health care providers and insurers, but doesn't directly cut seniors' benefits. Critics allege however, that the cuts in payments would have the unintended consequence of hurting seniors because doctors would stop accepting Medicare patients, according to USA Today.

Not being able to find someone willing to provide a service at an artificially low rate of compensation limits access to care regardless of whether or not the care is a covered benefit. If I tell my mechanic that he's only going to get half the compensation for fixing my car that he used to get, he isn't going to fix my car. If I can't find someone to fix it at that price, then the car never gets repaired.

Obamacare "puts in place an unelected board that’s going to tell people, ultimately, what kind of treatments they can have."
– Mitt Romney, Oct 3 Presidential Debate

Health Care Panel ("Death Panels" / "They're going to kill Granny"
Though Obamacare does create an independent board, the law prohibits the board from making recommendations to "ration health care," or "otherwise restrict benefits or modify eligibility,” according to Bloomberg.

This is the funniest one of all. Owebama trots out an example of a healthcare provider that has made strides which lower the cost of care and suggests that his board will make others follow that same cost saving model and the "progressives" respond that the board isn't going to be rationing care. Telling someone how they will ultimately perform their job, dictating the protocol that they will be using, will, ultimately, end up dictating the kind of treatments they receive. You must do A before you do B and must do both A and B before doing C has a direct effect on the kind of treatment you receive.

"Up to 20 million people will lose their insurance as Obamacare goes into effect next year."
– Mitt Romney, Oct. 3 Presidential Debate

Employer-Based Health Insurance
Some workers may switch from their employer-provided health plans, according to the Congressional Budget Office, but that number is more likely to be closer to between 3 and 5 million per year between 2019 and 2022.

Many more workers won't have an option about switching, their employers will decide to pay the tax for not having an employer provided health plan because it is less expensive than the costs they will bear if they continue to offer a employer provided plan. It's a cute choice of phrasing that the apologists and spin specialists have employed here, but a pretty transparent one as well.

"You never balance the budget by raising taxes."
– Mitt Romney, Oct. 3 Presidential Debate

Balancing The Budget
President Bill Clinton managed to balance the budget during his time in office with a tax boost for those in the top 2 percent of earners, according to Duke professor William Chafe.

Budget wasn't balanced, regardless of how many times you are told that it was. The total federal debt went up each and every year Clinton was in office.

"My plan is not to put in place any tax cut that will add to the deficit."
– Mitt Romney, Oct. 3 Presidential Debate

Adding To The Deficit
Romney's tax plan would cost the country $4.8 trillion over the next 10 years, according to Tax Policy Center data, cited by NBC News.

Provided that there are not offsets in the way of fewer tax deductions and credits to make the rate cut revenue neutral, that could potentially be a true statement. But that is not at all what Romney is proposing be done and it is disingenuous, at best, to only mention one portion of the plan and subject it to cost equations. The plan is to reduce rates in a revenue neutral manner. I don't know how a revenue neutral plan reduces revenue and costs the country anything other than some of the complexity in the existing tax code. Revenue neutral would not reduce revenue, otherwise it wouldn't be revenue neutral, right? The plan is for the changes to be revenue neutral.