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 …
Stories by Brooks Jackson
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Obama’s Numbers, Updated
In the interest of timeliness and accuracy, we are issuing an updated version of “Obama’s Numbers,” our collection of key measures of the president’s time in office. A few things have changed since we published our original version Oct. 8 — some for better, and some for worse.
The number of jobs has increased substantially with the latest report from the Bureau of Labor Statistics, for example. There are now about 580,000 more people employed than when Obama took office,
Obama’s Inflated Jobs Claim
In a new TV ad, President Obama makes an inflated claim to have added 5.2 million new jobs. The total added during his time in office is actually about 325,000.
In the ad, the president says “over 5 million new jobs” while the figure “5.2 million” appears on screen. But that’s a doubly misleading figure.
Viewers would need to pay close attention to the on-screen graphic to know that the ad refers only to employment gains starting in March 2010,
Homestretch Fact-Stretchers
In the homestretch to Election Day, both sides stretch the facts in their TV spots. President Obama greatly exaggerates his differences with Mitt Romney over troop withdrawals from Iraq and Afghanistan, while Romney repeats a false claim that the president plans a $4,000 tax increase on “the middle class.”
First the Obama ad, and its multiple exaggerations:
Iraq
The ad says, “President Obama ended the Iraq war. Mitt Romney would have left 30,000 troops there and called bringing them home ‘tragic.’”






