The Pinocchio Test<quoted text>
Cutting spending, I never heard such rubbish. Since Obama has been in office he has more spending cuts than any other president in history. Google it and see. Forget the bailouts. We are talking the normal budget, 1000's out of work in every state due to feds not funding any more. So tell me, how much more do you want him to cut ???
And this tripe about the rich paying , if a walmart employee pays only $10 tax and the Wall St guy pays $10,000 from his weekly pay check they are BOTH paying the same for what they earn. Why is it so hard to get this in your head, only crap like that comes from Hannity who keeps going on about rich paying all the tax. And you want to know why ? its because those same rich people are depriving that Walmart person from earning more to pay more tax so go figure. How do you plan on fixing that, is everyone going to get rich ? I don't think so.
Obama appears to be mixing up baseline cuts (“a trillion dollars”) with actual reductions in discretionary spending, thus making the numbers appear bigger than reality.
But it turns out that the White House, working with Congress, has scheduled a reduction in discretionary spending that, accounting for inflation, would be the biggest six-year decline in the last half century.
But, by significant percentages, it is a far cry from the biggest in history — the central part of Obama’s claim.
Moreover, we can’t help but note that back in 2011, Obama justified a similar claim by citing non-inflation adjusted dollars. By that lesser standard, discretionary spending is essentially flat after six years.
Kessler, G. Obama’s claim of the ‘largest’ discretionary cuts ‘in history’ The Fact Checker. Truth Behind the Rhetoric. Washington Post. 12/6/2012.