View Poll Results: Is Obama incompetent or lying?

Voters
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  • Incompetent. He can't do math, or he is just relying on the CNBC report.

    1 7.69%
  • Intentional. Obama is lying and hoping no one notices he is off by $834.

    5 38.46%
  • No, my math is wrong and you are going to prove it.

    7 53.85%
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Thread: President can't do math. Intentional?

  1. #11
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    Re: President can't do math. Intentional?

    Quote Originally Posted by friday View Post
    After Congress caved in to Harry Reid changing the payroll tax extension from a full year to two months, Barack Obama parroted a math error first reported on CNBC.com that this payroll tax extension would save the average American family $1,000. That is wrong. The Republican bill would have saved the average family $1,000, but the Reid bill they passed will only save the average family $166.

    Obama said this on his facebook page:
    President Obama congratulates members of Congress for reaching an agreement to extend the payroll tax cut: "Because of this agreement, every working American will keep his or her tax cut—about $1,000 for the average family."

    In order for the average family to save $1,000, the average family would have to be making $25,000 a month. I don't make that kind of money. Maybe Obama does.

    So here is the question. They are taking credit for the results of the Republican bill, even though they shot it down and passed the much more anemic Democrat bill. Incompetence or intentionality?
    I despise Obama; but he wasn't claiming to be saving the people more than republicans. And I believe he made the statements with the clear assumption that they were going to extend it for the year (speaking in annualized figures). But most importantly, the president makes $400k/yr or $33,333.33/mo. (a side note to plug Ron Paul: Ron Paul has agreed to take about the average salary of the American worker for being president: $39,336 per Paulonomics: Ron Paul)

    To Red's point of Friday's random numbers: they weren't random. In order for you to save $1,000 as 2% tax savings over two months, you have to divide $1000/.02=$50,000 total income over two months or $25k/mo. Not so random.

  2. #12
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    Re: President can't do math. Intentional?

    Quote Originally Posted by fishinRod View Post
    it doesnt matter....if they are not going to make it permanant they need let it expire because it is nothing more than a political tool anyway,......let people get used to and extra $40 a month in their paycheck and then dangle the threat of losing it during an election year..............however, they better not start complaining that FICA is in trouble (or in deeper trouble) because it is underfunded due to 2 -3 years of payroll tax cuts
    Nobody seems to care anymore about doing the right thing. The Country is addicted to deficit spending. The future generations will experience considerably less growth in GDP as their earnings are sucked up servicing the trillions of new debt and exploding SS liabilities.

    You are correct, this isn't a tax cut. All this is is an underfunding of retirement plans. Brilliant.
    I love the smell of burning moonbat in the morning.

  3. #13
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    Re: President can't do math. Intentional?

    Quote Originally Posted by conservativeguy View Post
    Nobody seems to care anymore about doing the right thing. The Country is addicted to deficit spending. The future generations will experience considerably less growth in GDP as their earnings are sucked up servicing the trillions of new debt and exploding SS liabilities.

    You are correct, this isn't a tax cut. All this is is an underfunding of retirement plans. Brilliant.
    This 'tax-cut' isn't reducing the SSI pool of income. SSI is taking the same amount from the treasury as ever before. The funds just aren't being delivered to the treasury. In other words: we're simply increasing our debt. Not underfunding retirement plans. I know it sounds like semantics, but you have to know the accounting so that the other side can't simply prove you wrong through your own ignorance. The truth is actually much worse than underfunding the retirement program. It comes back to overspending.

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    Re: President can't do math. Intentional?

    Quote Originally Posted by 99percenter View Post
    They are extrapolating it out to an year. Obviously they expect negotiations to pass a year long extension. This is thread is dumb and a waste of time.
    Maybe, maybe not if you consider that not to long ago 57% of registered chain e-mail reading republican voters thought that President Obama was not born in America. I always wondered if they really believed that or if they just wanted to perpetuate another rumor or maybe they did not believe that the RNC has the resources and ability to determine whether a presidental candidate was born in the USA

  5. #15
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    Re: President can't do math. Intentional?

    Quote Originally Posted by fredmertz View Post
    This 'tax-cut' isn't reducing the SSI pool of income. SSI is taking the same amount from the treasury as ever before. The funds just aren't being delivered to the treasury. In other words: we're simply increasing our debt. Not underfunding retirement plans. I know it sounds like semantics, but you have to know the accounting so that the other side can't simply prove you wrong through your own ignorance. The truth is actually much worse than underfunding the retirement program. It comes back to overspending.
    Borrowing money to pay current liabilities is underfunding an obligation......period. If I borrowed money to make a 401k contribution I have underfunded my account since I have a net zero increase in my overall net worth. This isn't semantics, it's reality.
    I love the smell of burning moonbat in the morning.

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    Re: President can't do math. Intentional?

    Quote Originally Posted by conservativeguy View Post
    Borrowing money to pay current liabilities is underfunding an obligation......period. If I borrowed money to make a 401k contribution I have underfunded my account since I have a net zero increase in my overall net worth. This isn't semantics, it's reality.
    But it was okay to borrow when President Bush borrowed money from China to finance HIS war on Iraq, oh I forgot that debt went away when he left office or did it?

  7. #17
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    Re: President can't do math. Intentional?

    Quote Originally Posted by Redress View Post
    You can document these claims? Dunno, but I trust his random numbers more than your random numbers.
    May I ask what obama has done to earn your trust? His bogus numbers are put out there precisely for people like you, people who blindly follow without question. Sad part is how many people like you there are, don't dare do the math yourself, don't ever question your so called leader just follow him over the cliff like a lemming.

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    Re: President can't do math. Intentional?

    Quote Originally Posted by EarlzP View Post
    But it was okay to borrow when President Bush borrowed money from China to finance HIS war on Iraq, oh I forgot that debt went away when he left office or did it?
    Let's pretend that I'm a Bush supporter (which I am NOT. He is at the top of the list for doing the most damage to the GOP in history - that party needs to be reformatted NOW). So pretending I'm a typical repub "YEAH! IRAQ WAR! LET'S DO STUFF! 9/11 rhubarb rhubarb rhubarb " Does that make the decisions Obama is making more justified? I just don't see where you could possibly be coming from in pointing out Bush's flaws to justify Obama's. Pretty weak.

  9. #19
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    Re: President can't do math. Intentional?

    Quote Originally Posted by Aunt Spiker View Post
    You think the President actually said that or calculated those numbers?

    He has a whole staff of people who do all his work for him - I doubt he has a clue about any of it.
    "The buck stops here!"

    Oh, wait, that was Harry Truman. Today's political motto seems to be, "Pass the buckl!".

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    Re: President can't do math. Intentional?

    Quote Originally Posted by EarlzP View Post
    But it was okay to borrow when President Bush borrowed money from China to finance HIS war on Iraq, oh I forgot that debt went away when he left office or did it?
    Who said it was OK? You must be talking about yourself.
    I love the smell of burning moonbat in the morning.

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