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Author: telegraph Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 744274  
Subject: FAct Checking Obama.....fail..... Date: 2/13/2013 5:08 PM
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"President Barack Obama’s State of the Union address included few new or unexpected proposals, but many factually incorrect or misleading assertions. Here are the lowlights.

“Corporate profits have rocketed to all-time highs – but for more than a decade, wages and incomes have barely budged.”


truth:" over the past four years, middle class income has actually declined."

Result....poorer Americans under Obama....and millions less not even having a job....lowest participation labor rate in 50 years....

statement: Class warfare category.

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“In 2011, Congress passed a law saying that if both parties couldn’t agree on a plan to reach our deficit goal, about a trillion dollars’ worth of budget cuts would automatically go into effect this year.” Obama is referring to the sequester. He omits the fact that he (or his White House) proposed the sequester, and he personally signed it, with the hope of using it to push Republicans into passing higher tax rates on high earners."

Now, he is railing against any cuts the sequester would bring. He already loaded another near trillion in tax INCREASES happily that the sequester brought.....

Result: Fail.....he is ranting and raving against the own WH policy he supported and SIGNED

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“Over the last few years, both parties have worked together to reduce the deficit by more than $2.5 trillion.” Both Obama and Senate Majority Leader Harry Read have used this claim, but it’s not true. As FactCheck.org noted recently, the figure includes over $1 trillion in spending cuts that “have yet to materialize.” It also includes $500 billion in projected reduced interest--not spending cuts or tax increases--and deficits remain high."

Result...epic fail......16.4 trillion in debt, total.....he didn't reduce anything. He spent another 6 trillion

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“Already, the Affordable Care Act is helping to slow the growth of health care costs.”


Truth:"Obamacare has already made health insurance premiums more expensive, and Obamacare does not change the fundamental incentive problems that drive costs in U.S. health care.

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“Let me repeat--nothing I’m proposing tonight should increase our deficit by a single dime.” This is a repeated promise (as well as a repeated metaphor: Obama also used the “single dime” phrase to in describing tax cuts in his stimulus). Obama broke that promise most spectacularly in Obamacare, which only “balances” due to accounting tricks and is almost certain to cost more than originally expected--net as well as gross.

Not one dime....but 64 trillion dimes in new debt......and another 100 trillion new dimes in debt by 2020 with his current spending binge.




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“We have doubled the distance our cars will go on a gallon of gas, and the amount of renewable energy we generate from sources like wind and solar


truth: the supply of renewable energy sources in the U.S. rose only about 10% in Obama’s first three years in office--very far from doubling.


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“But taxpayers cannot continue to subsidize the soaring cost of higher education.”


truth:" The fact that taxpayers continue subsidizing the cost of higher


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and it goes on and on...


http://www.breitbart.com/Big-Government/2013/02/12/Fact-Chec...




t
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Author: CCinOC Big funky green star, 20000 posts Top Recommended Fools Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 671457 of 744274
Subject: Re: FAct Checking Obama.....fail..... Date: 2/13/2013 5:50 PM
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Owebama is a big fat liar.

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