Monday, October 29, 2012

Obama's Math That Doesn't Add Up

Appearing on a recent Tonight Show with Jay Leno, Obama admitted that he struggled with math past the 7th grade.  Well, that explains a lot.  Take this campaign ad that was released just a month ago:



In it, Obama emphatically states:
"And as we end the war in Afghanistan let's apply half the savings to pay down our debt and use the rest for some nation building right here at home."  
However, the day before, in a 60-Minutes interview, he said this:
"When I came into office, I inherited the biggest deficit in our history. And over the last four years, the deficit has gone up, but 90 percent of that is as a consequence of two wars that weren’t paid for, as a consequence of tax cuts that weren’t paid for, a prescription drug plan that was not paid for, and then the worst economic crisis since the Great Depression."
So, this begs the question. How can you use unfunded expenses for two wars -- which drove up the debt -- to pay down the debt?  You can't...and, this is absolute mathematical nonsense.

By the way.  Obama makes that very same claim in his newly released, 20-page booklet on how he would restore the economy.  Apparently, Team Obama thinks that lying about paying down the debt will just escape all scrutiny.

-- The Examiner: Obama to Leno: I struggle with math above the 7th grade level: http://washingtonexaminer.com/obama-to-leno-i-struggle-with-math-above-the-7th-grade-level/article/2511708#.UI1yj4ZEbf0

-- The Foundary: Morning Bell: “60 Minutes” Contrast Between Romney, Obama on Entitlements: http://blog.heritage.org/2012/09/25/morning-bell-60-minutes-contrast-between-romney-obama-on-entitlements/

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