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Thread: FACT CHECK: Obama and his imbalanced ledger

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    FACT CHECK: Obama and his imbalanced ledger

    More fuzzy math from Obama

    FACT CHECK: Obama and his imbalanced ledger - Yahoo! News


    The ledger did not appear to be adding up Tuesday night when President Barack Obama urged more spending on one hand and a spending freeze on the other.

    Obama spoke ambitiously of putting money into roads, research, education, efficient cars, high-speed rail and other initiatives in his State of the Union speech. He pointed to the transportation and construction projects of the last two years and proposed "we redouble these efforts." He coupled this with a call to "freeze annual domestic spending for the next five years."

    But Obama offered far more examples of where he would spend than where he would cut, and some of the areas he identified for savings are not certain to yield much if anything.

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    Re: FACT CHECK: Obama and his imbalanced ledger

    Quote Originally Posted by ptif219 View Post
    More fuzzy math from Obama

    FACT CHECK: Obama and his imbalanced ledger - Yahoo! News


    The ledger did not appear to be adding up Tuesday night when President Barack Obama urged more spending on one hand and a spending freeze on the other.

    Obama spoke ambitiously of putting money into roads, research, education, efficient cars, high-speed rail and other initiatives in his State of the Union speech. He pointed to the transportation and construction projects of the last two years and proposed "we redouble these efforts." He coupled this with a call to "freeze annual domestic spending for the next five years."

    But Obama offered far more examples of where he would spend than where he would cut, and some of the areas he identified for savings are not certain to yield much if anything.
    This is always the battle. Nothing new. However, I will say, it isn't the number that is important but the dollar amounts associated with each thing. So counting up things mentioned really doesn't tell us much either way.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: FACT CHECK: Obama and his imbalanced ledger

    Quote Originally Posted by Boo Radley View Post
    This is always the battle. Nothing new. However, I will say, it isn't the number that is important but the dollar amounts associated with each thing. So counting up things mentioned really doesn't tell us much either way.
    Same fuzzy math used for healthcare and unemployment. Obama numbers are never true

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    Re: FACT CHECK: Obama and his imbalanced ledger

    Quote Originally Posted by ptif219 View Post
    Same fuzzy math used for healthcare and unemployment. Obama numbers are never true
    If you want to talk about fuzzy math, look no further than the inadequate number of troops Rumsfeld and Wolfowitz authorized for the invasion of Iraq.

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    Re: FACT CHECK: Obama and his imbalanced ledger

    Quote Originally Posted by StillBallin75 View Post
    If you want to talk about fuzzy math, look no further than the inadequate number of troops Rumsfeld and Wolfowitz authorized for the invasion of Iraq.
    Off topic !!!

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    Re: FACT CHECK: Obama and his imbalanced ledger

    Quote Originally Posted by ptif219 View Post
    Off topic !!!
    No so much. The fact is the numbers both side use are often questionable. As we don't have any specifics yet, it's hard to say how fuzzy. So, while I'm not disputing that they likely don't add up, the fact is this is not new, or particular to just Obama. Battles over what we spend money on are common, and I would argue important.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: FACT CHECK: Obama and his imbalanced ledger

    Quote Originally Posted by ptif219 View Post
    Off topic !!!
    The point is fuzzy math is used all the time. It's not just used by people you don't like.

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    Re: FACT CHECK: Obama and his imbalanced ledger

    Quote Originally Posted by Boo Radley View Post
    No so much. The fact is the numbers both side use are often questionable. As we don't have any specifics yet, it's hard to say how fuzzy. So, while I'm not disputing that they likely don't add up, the fact is this is not new, or particular to just Obama. Battles over what we spend money on are common, and I would argue important.
    To bring up Bush is off topic and has nothing to do with Obama's history of fuzzy math

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    Re: FACT CHECK: Obama and his imbalanced ledger

    Quote Originally Posted by StillBallin75 View Post
    The point is fuzzy math is used all the time. It's not just used by people you don't like.
    We are talking about Obama not ahy one else

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    Re: FACT CHECK: Obama and his imbalanced ledger

    Quote Originally Posted by ptif219 View Post
    To bring up Bush is off topic and has nothing to do with Obama's history of fuzzy math
    Not to the point he was making. I understand the desire to cntrol the direction of a conversation, but his point is valid. This isn't new. If you object to fuzzy math on one side, you should object to it on all sides. But the fact is we simply don't have enough information yet. The devil will be in the details, and no one has enough math yet to check.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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