We have written many times about how much Mitt Romney lies – see list HERE. The problem is that he lies about pretty much everything…it’s mind boggling.
Well – finally…the associated press is starting to actually FACT CHECK some of his statements.
The Associated Press writes - an excerpt:
ROMNEY: “America counted on President Obama to rescue the economy, tame the deficit and help create jobs. Instead, he bailed out the public sector, gave billions of your dollars to the companies of his friends, and added almost as much debt as all the prior presidents combined.”
THE FACTS. Hardly. Presidents from George Washington through George W. Bush ran the national debt up to $10.62 trillion, the amount it was on the day Obama took office. Today, it is $15.67 trillion, according to the Treasury Department’s Bureau of Public Debt. So it has gone up by $5.05 trillion under Obama. That’s roughly half of the amount amassed by all the other presidents combined.
In short, the debt has gone up by about half under Obama. Under Ronald Reagan, it tripled.
Greg Sargent at the Washington Post wrote about this today…How Mitt Romney Gets Away With His Lying:
Yesterday, Mitt Romney gave a big speech in which he accused Obama of lighting a “prairie fire of debt.” It’s a good line, and it has received widespread media coverage.
But I wanted to make another point. If you scan through all the media attention Romney’s speech received, you are hard-pressed to find any news accounts that tell readers the following rather relevant points:
1) Nonpartisan experts believe Romney’s plans would increase the deficit far more than Obama’s would.
2) George W. Bush’s policies arguably are more responsible for increasing the deficit than Obama’s are.
Oh, sure, many of the news accounts contain the Obama campaign’s response to Romney’s speech; the Obama campaign put out a widely-reprinted statement arguing that Romney’s plans would increase the deficit and that he’d return to policies that created it in the first place.
The Ed Show covers it:
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