When you’ve lost the AP…

Even the in-the-tank Dem propagandists at The Associated Press aren’t buying it:

WASHINGTON (AP) — President Barack Obama’s promise Thursday that everything in his jobs plan will be paid for rests on highly iffy propositions.

It will only be paid for if a committee he can’t control does his bidding, if Congress puts that into law and if leaders in the future – the ones who will feel the fiscal pinch of his proposals – don’t roll it back.

Underscoring the gravity of the nation’s high employment rate, Obama chose a joint session of Congress, normally reserved for a State of the Union speech, to lay out his proposals. But if the moment was extraordinary, the plan he presented was conventional Washington rhetoric in one respect: It employs sleight-of-hand accounting.

A look at some of Obama’s claims and how they compare with the facts:

OBAMA: “Everything in this bill will be paid for. Everything.”

THE FACTS: Obama did not spell out exactly how he would pay for the measures contained in his nearly $450 billion American Jobs Act but said he would send his proposed specifics in a week to the new congressional supercommittee charged with finding budget savings. White House aides suggested that new deficit spending in the near term to try to promote job creation would be paid for in the future – the “out years,” in legislative jargon – but they did not specify what would be cut or what revenues they would use.

Essentially, the jobs plan is an IOU from a president and lawmakers who may not even be in office down the road when the bills come due. Today’s Congress cannot bind a later one for future spending. A future Congress could simply reverse it. […]

3 thoughts on “When you’ve lost the AP…”

  1. Just smoke and mirrors, and even the usual suspects have to admit it. The guy is beyond pathetic, but not nearly as much as anybody who still supports him.

  2. “The guy is beyond pathetic, but not nearly as much as anybody who still supports him.”

    Nailed it,

    Like I constantly say, stupidity runs rampant in America these days.

    Never in my wildest thoughts I could have imagined that the American people were going to turn so stupid.

  3. To be fair, Obama is NOT responsible for any damage due to his incompetence. That is the responsibility of those who promoted and/or voted for his election to the most important job on earth when it was VERY obvious that he was not anywhere near qualified, not to mention his extremely suspect associations. It is utterly absurd that there are not some basic requirements that MUST be met by anyone who runs for POTUS, and I don’t mean age and place of birth.

Comments are closed.