According to a national TV business news program, President Obama is our most mathematically challenged president. Four examples:
He promised the deficit would be no more than $600 billion after 4 years in office.
In fact it will over $1,200 billion this year.
He said President Bush was unpatriotic for increasing the national debt $4 trillion in 8 years.
In fact he raised the national debt over $5 trillion in 4 years and is on track for $9.6 trillion in 8 years, an almost doubling of our national debt that was accrued in past 200 years.
He is claiming that he is drilling more and producing more oil than ever.
In fact he is responsible for drilling on federal land only. Only 4% of new oil production comes from federal lands, the other 96% comes from privately owned land.
He plans to tax the rich even more, the so called Buffet tax, in order to reduce our $1,200 billion annual deficit.
In fact it would bring in only $4 billion a year, enough to pay 4 days of interest on our national debt.
Bottom line: any numbers suggested or bragged about by this administration should be severely questioned given their mathematically challenged track record.
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32 weeks until the Nov 6, 2012 General Election
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