Rick Perry says the U.S. is at risk because “our spending on defense has declined 21 percent over four years.” But that includes war funding, which has sharply declined now that U.S. combat troops are out of Iraq and leaving Afghanistan.
Texas Gov. Rick Perry used grossly misleading statistics to criticize the unemployment picture under President Obama. Perry said there are “90 million people that are out of work” and “more women out of the workforce now than at any time in our history.”
Using a more accurate cost-of-living adjustment for federal benefit payments and tax brackets would cut the federal deficit by perhaps $300 billion over the next 10 years. But it faces opposition from both right and left. Economists generally agree …