Thursday, September 8, 2011

Priceless: AP Calls BS on Obama's Jobs Speech

Liberal AP calls BS on Obama's claim his jobs bill is payed for and calls his speech "conventional Washington rhetoric."

(AP)- ...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.

A look at some of Obama's claims and how they compare with the facts:

OBAMA: "Everything in this bill will be paid for. Everything.

THE FACTS: Obama did not spell out exactly how he would pay for the measures contained in his nearly $450 billion American Jobs Act, but said he would send his proposed specifics in a week to the new congressional supercommittee charged with finding budget savings...

Essentially, the jobs plan is an IOU from a president and lawmakers who may not even be in office down the road when the bills come due. Today's Congress cannot bind a later one for future spending. A future Congress could simply reverse it.

2 comments:

SE Pepper said...

This president is "stuck on stupid" because he can only come up with things that "need to be paid for"-- he just doesn't "get" free market economy that creates jobs all by itself, EVERY TIME ITS TRIED-- that means fighting fire with fire if necessary, to combat the jobs loss to other nations and get them back where they belong-- starting with things like suspending taxes on manufacturing in the US (hint: China does that ALREADY)

JAQUEBAUER said...

Obama lies every time he speaks. Its extremely disappointing that the Press and most Americans cannot see through this. I believe he has lied since he first found out he could get away with it, perhaps at age 5 or 6. He has lied so many times since he believes what he says.