Tag Archives: economy

Tax Cut Ads Clip Some Details

Posted on June 2, 2009

The Democratic Congressional Campaign Committee announced on June 1 a radio ad and robo-call campaign against several congressional Republicans for voting against the American Recovery and Reinvestment Act (a.k.a. the stimulus bill). However, the attacks don’t tell the whole story. For instance, the ad aimed at Republican Rep. Peter King …
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Cap-and-Trade Cost Inflation

Posted on May 28, 2009

Leading Republicans are claiming that President Obama’s proposal to curb greenhouse gas emissions would cost households as much as $3,100 per year. The Republican National Committee calls it a “massive national energy tax.” But the $3,100 figure is a misrepresentation of both Obama’s proposal and the study from which the …
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Drop in the Bucket? See for Yourself.

Posted on May 15, 2009

In our "What’s in a Number" post on May 7, we noted a clever video by Salt Lake City software developer Matt Shapiro, showing how little $100 million in savings would amount to when compared with the $3.6 trillion in federal spending being proposed by President Obama (about one-quarter of …
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What’s in a Number?

Posted on May 7, 2009

On April 20, President Barack Obama caused a bit of a splash when he gathered members of his Cabinet and directed them to cut (collectively) $100 million in expenses within the next 90 days. Now that sounds like a lot of money. And we’re not ones to complain about cutting …
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Fantasy Jobs?

Posted on May 1, 2009

At President Obama’s April 29 news conference, he claimed that the American Recovery and Reinvestment Act has "already saved or created over 150,000 jobs." Wait a minute. Isn’t the number of jobs actually plummeting? According to the Bureau of Labor Statistics, the economy lost more than 1.3 million jobs in …
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100 Days of Spin

Posted on April 29, 2009

After 100 days in office, we find President Obama is sticking to the facts – mostly. Nevertheless, we find that the president has occasionally made claims that put him and his policies in a better light than the facts warrant. He has claimed that private economists agreed with the forecast in …
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Obama’s Prime Time Pitch

Posted on March 25, 2009

President Obama sometimes strayed from the facts or made dubious claims during his hour-long evening news conference March 24. He said his budget projections are based on economic assumptions that “are perfectly consistent with what Blue Chip forecasters out there are saying.” Not true. The average projection by leading …
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More Upstate Insults

Posted on March 21, 2009

The campaign to fill the vacant House seat in New York’s 20th congressional district is the race that keeps on giving – giving false and misleading ads, at least. Two new spots, one from Democratic businessman Scott Murphy and another from his foe, Republican state Assembly Minority Leader Jim Tedisco, both …
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Obama and the Deficit

Posted on March 19, 2009

During a speech on Tuesday, President Obama promised to reduce the budget deficit: Obama: Now, this budget does not attempt to solve every problem or address every issue because of the massive deficit we inherited and the enormous costs of this financial crisis. We have made some tough choices that …
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Will Work for Small(ish) Businesses

Posted on March 19, 2009

In his remarks to small-business owners March 16 at the White House, President Obama repeated a statistic we’ve heard from both Democrats and Republicans. (Republican Rep. Paul Ryan of Wisconsin used it this month on "Fox News Sunday.") Obama said small businesses are responsible for creating "roughly 70 percent of …
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