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|    Obama Tells Military To Fire On Ame to All    |
|    Washington Post Fact Check Grinds Obama     |
|    03 May 13 15:22:46    |
      XPost: dc.urban-planning, wa.politics       From: impeach_obama@yahoo.com              A version of this column appeared in the print edition of The       Washington Post.              A State of the Union address is often difficult to fact-check,       no matter who is president. The speech is a product of many       hands and is carefully vetted, so major errors of fact are       relatively rare. But State of the Union addresses often are very       political speeches, an argument for the president’s policies, so       context is sometimes missing.              Here is a guide through some of President Obama’s more fact-       challenged claims, in the order in which he made them. As is our       practice with live events, we do not award Pinocchio rankings,       which are reserved for complete columns.              “After years of grueling recession, our businesses have created       over 6 million new jobs.”              The president is cherry-picking a number that puts the       improvement in the economy in the best possible light. The low       point in jobs was reached in February 2010, and there has indeed       been a gain of about 6 million jobs since then, according to       Bureau of Labor Statistics data. But the data also show that       since the start of his presidency, about 1.2 million jobs have       been created — and the number of jobs in the economy is about       3.2 million lower than when the recession began in December 2007.              “We buy … less foreign oil than we have in 20 [years].”              This claim lacks context. The Energy Department has cited a host       of reasons why foreign oil imports have declined, noting the       main reason was “a significant contraction in consumption”       because of the poor economy and changes in efficiency that began       “two years before the 2008 crisis” — in other words, before       Obama took office.              “Over the last few years, both parties have worked together to       reduce the deficit by more than $2.5 trillion — mostly through       spending cuts, but also by raising tax rates on the wealthiest 1       percent of Americans. As a result, we are more than halfway       towards the goal of $4 trillion in deficit reduction that       economists say we need to stabilize our finances.”              This is debatable, depending on how you do the numbers. Many       budget analysts measure the decline in deficits from August 2010       — which was a high point for spending. (Obama’s $2.5 trillion       figure adds in interest savings from reducing anticipated debts,       which is different from actually cutting spending or adding       revenue.)              But agreement starts to break down quickly about the $4 trillion       goal, which translates to just $1.5 trillion in additional work.       The Committee for a Responsible Federal Budget, in a recent       report, argued that $2.7 trillion in deficit reduction over 10       years has been enacted so far, including tax increases, but that       another $2.4 trillion was needed to reduce the ratio of debt to       gross domestic product to 70 percent. The left-leaning Center on       Budget and Policy Priorities argues instead that $1.5 trillion       is needed to achieve a 73 percent ratio. Those numbers could       have real-world consequences for government programs.              “On Medicare, I’m prepared to enact reforms that will achieve       the same amount of health care savings by the beginning of the       next decade as the reforms proposed by the bipartisan Simpson-       Bowles commission.”              This carefully crafted phrase recently earned the president a       prized Geppetto Checkmark. Obama wants us to compare the savings       in 2022. Granted, that would be six years after Obama’s second       term ends. But administration officials argue that changes in       health-care policies take time to achieve budget savings, and       that the right mix can produce greater savings in the long run.              Using Congressional Budget Office estimates of the president’s       budget, we see that over 10 years, Obama’s proposals would       achieve $337 billion from 2013 to 2022, compared to $483 billion       for Bowles-Simpson in the same time period. (Bowles-Simpson, or       more accurately the National Commission on Fiscal Responsibility       and Reform, is considered by many in Washington to be the model       for a bipartisan approach for deficit reduction.)              However, in 2022, both would achieve exactly the same amount of       savings — $68 billion.              Administration officials say they believe their proposals would       achieve greater savings than Bowles-Simpson after 2022, which       would be consistent with the increase in savings toward the end       of the first 10-year budget window.              “Every dollar we invested to map the human genome returned $140       to our economy.”              This interesting factoid comes from this 2011 study, which we       have not had a chance to fully study. But about two-thirds of       the calculated impact comes from “indirect impacts" and “induced       impacts” (see page ES-3) — which is always the subject of debate       and conjecture.              “After shedding jobs for more than 10 years, our manufacturers       have added about 500,000 jobs over the past three.”              Obama again is cherry-picking a jobs number. The low point for       manufacturing jobs was reached in January 2010, and so there has       been a gain of 500,000 jobs since then. But BLS data show that       the number of manufacturing jobs is still 600,000 fewer than       when Obama took office in the depths of the recession — and 1.8       million fewer than when the recession began in December 2007.              Moreover, growth in manufacturing jobs has essentially stalled       since last July.              “I ask this Congress to declare that women should earn a living       equal to their efforts, and finally pass the Paycheck Fairness       Act this year.”              There is clearly a wage gap, but differences in the life choices       of men and women — such as women tending to leave the workforce       when they have children — make it difficult to make simple       comparisons.              The administration’s back-up document for this statement       asserted that “on average women generally make 23 cents on the       dollar less than men.” But the White House is using a figure       (annual wages, from the Census Bureau) that makes the disparity       appear the greatest. The Bureau of Labor Statistics, for       instance, shows that the gap is 19 cents when looking at weekly       wages. The gap is even smaller when you look at hourly wages —       it is 14 cents — but then not every wage earner is paid on an       hourly basis, so that statistic excludes salaried workers.              In other words, since women in general work fewer hours than men       in a year, the statistics used by the White House may be less       reliable for examining the key focus of the legislation — wage       discrimination. Weekly wages is more of an apples-to-apples       comparison, but it does not include as many income categories.              Economists at the Federal Reserve Bank of St. Louis surveyed       economic literature and concluded that “research suggests that              [continued in next message]              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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