Budget Fantasies & FlimFlam (3)

President Obama tries to deceive The People with a meaningless comparison to the Eisenhower era. During the press conference he held to defend his 2012 budget President Obama claimed: As a start, [my budget] freezes domestic discretionary spending over the next five years, which would cut the deficit by more than $400 billion over the […]

Budget Fantasies & FlimFlam (2)

Among several preposterous assertions made by President Obama in his Tuesday press conference was this: When I took office, I pledged to cut the deficit in half by the end of my first term. Our budget meets that pledge… None of the assembled reporters disputed or asked for clarification.    This chart helps tell the […]