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Fuzzy Math and Lies

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Obama Throws Himself and Liz Warren Under the Bus. The Obama campaign has gone to DEFCON 1 over the national reaction to the president’s “You didn’t build that!”

Obama Throws Himself and Liz Warren Under the Bus

Speech in Roanoke. Last week the campaign trotted out a video ad that deceptively edited Obama’s own speech to attempt to refute an effective Romney ad. Today, in a visual cue that its previous attempt failed, the campaign has rolled out a second ad that features the president himself reading to the camera. He had time to sit for this shoot, but not to meet with his jobs council. Just sayin’. OBAMA: Those ads…taking my words about small business out of context.

Stop the tape. There are a lot of wealthy, successful Americans who agree with me — because they want to give something back. In the first paragraph, Obama sets up an appeal to authority (“There are many rich people who agree with me”) before launching into what might be called the “unexceptional American” section. If you were successful, somebody along the line gave you some help. Between the Lines: By Mark Halperin. With five months until Election Day, Barack Obama faces a grim new reality: Republicans now believe Mitt Romney can win, and Democrats believe Obama can lose ...

Between the Lines: By Mark Halperin

Last week's anemic job-creation and economic-growth data was sandwiched between two Bill Clinton specials: in one television interview, the 42nd President lauded Romney's business record as "sterling"; in another, he veered from the Obama line on the extension of Bush-era tax cuts ... The failure to unseat Wisconsin's Republican governor Scott Walker in a recall election was another bad sign for Democrats since it will rev up conservatives nationwide, including the kind of millionaires who gave big bucks to Walker's effort ...

Veteran Democratic strategists from previous presidential bids and on Capitol Hill now wonder if the Obama re-election crew is working with the right message ... What City Councils Are Banning in ... Going, going, gone Goodbye, medical-marijuana gardens. Cattledrone. May 23, 2012 - FIGURES DON'T LIE: DEMOCRATS DO. It's been breaking news all over MSNBC, liberal blogs, newspapers and even The Wall Street Journal: "Federal spending under Obama at historic lows ...

May 23, 2012 - FIGURES DON'T LIE: DEMOCRATS DO

It's clear that Obama has been the most fiscally moderate president we've had in 60 years. " There's even a chart! I'll pause here to give you a moment to mop up the coffee on your keyboard. Good? OK, moving on ... This shocker led to around-the-clock smirk fests on MSNBC. Ed Schultz claimed the chart exposed "the big myth" about Obama's spending: "This chart -- the truth -- very clearly shows the truth undoubtedly.

" Note that Schultz also said that the "part of the chart representing President Obama's term includes a stimulus package, too. " Schultz's guest, Reuters columnist David Cay Johnston confirmed: "And clearly, Obama has been incredibly tight-fisted as a president. " Everybody's keyboard OK? On her show, Rachel Maddow proclaimed: "Factually speaking, spending has leveled off under President Obama. That's not a joke. Real federal deficit dwarfs official tally. The typical American household would have paid nearly all of its income in taxes last year to balance the budget if the government used standard accounting rules to compute the deficit, a USA TODAY analysis finds.

Real federal deficit dwarfs official tally

Under those accounting practices, the government ran red ink last year equal to $42,054 per household — nearly four times the official number reported under unique rules set by Congress. A U.S. household's median income is $49,445, the Census reports. The big difference between the official deficit and standard accounting: Congress exempts itself from including the cost of promised retirement benefits. Yet companies, states and local governments must include retirement commitments in financial statements, as required by federal law and private boards that set accounting rules. The deficit was $5 trillion last year under those rules.

Key findings: •Social Security had the biggest financial slide. •Federal debt and retiree commitments equal $561,254 per household.