In the state of the union Speech on Tuesday the president made several claims that are basically lies. He said that they had reduced the deficit by more that 2.5 trillion dollars. He claimed he has added over 500,000 manufacturing jobs in the last three years.
Factcheck.org which is hardly a conservative source, said Obama "puffed up his record." Apparently the 2.5 is only an estimate for deficit reduction from budgets through the year 2022. Scrap that. We haven't had a budget in four years! The amount of savings also depends on where Obama chooses to start measuring. The Committee for a Reasonable Federal Budget claims, "Measuring either from a year later or from a year earlier would result in a smaller savings number because base discretionary spending (excluding the effects of the stimulus) actually increased between 2009 and 2010 due to larger-than-projected appropriations." The CBO estimates that the debt will move to $20 trillion in 2023. Obama is making it seem that we are well on our way to getting control of the deficit but that is a lie.
His claim of adding over 500,000 manufacturing jobs in the past three years is also a lie. Again Obama has cherry-picked the time period to measure. He begins counting in January 2010 and there was an upswing in 2012. If he counts from when he took office in January 2009 till January of 2013, we have a net loss of 606,000 manufacturing jobs. Of course he is not taking into account the jobs that were lost when he took office in 2009.
The sad truth is that most people will not do their homework to find fact from fiction. They will take his word for it and think we are on the right track. Remember "the Summer of Recovery?'' If you say it enough, people begin to believe it but the facts show us not recovering but actually digging ourselves into a deeper hole.