Bad Arithmetic: Top Romney Economist Admits Jobs Plan Number Don’t Compute

Bad Arithmetic: Top Romney Economist Admits Jobs Plan Number Don’t Compute (this article was originally posted at www.creators.com at the above link) When innocent citizens asked about unemployment last night at the town hall presidential debate on Long Island, would Mitt Romney again tout his plan to create 12 million jobs? Unable to Etch-a-Sketch away that often repeated claim — one that he has hired several conservative economists to endorse — the Republican candidate had little choice. It’s up on his campaign website, it’s there in his own well-advertised words, and it is the central appeal of his candidacy for … Continue reading this post

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Obama has reduced the deficit. Period.

We often hear (and will continue to hear) an incorrect assertion that President Obama has increased the deficit.  Mitt Romney’s own campaign website states, “Since President Obama assumed office three years ago, federal spending has accelerated at a pace without precedent in recent history.” This is a lie and based largely on counting Bush spending as Obama spending.  It has been fact checked thoroughly, but Romney and other Republican critics of Obama continue to use repeat this lie including in the first Presidential debate.  In fact, the deficit is lower in 2012 than it was when Obama took office, and once … Continue reading this post

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