The punters, I guess, are presumed too stupid to get it.
Tuesday, August 2, 2011
Obama’s Wildly Inaccurate Claim about ‘Domestic Spending’ | The Weekly Standard: "In his remarks on the debt ceiling deal, President Obama said, “The first part of this agreement will cut about $1 trillion in spending over the next 10 years....The result would be the lowest level of annual domestic spending since Dwight Eisenhower was president.” This claim is utterly false, as domestic spending has actually gone through the roof. How, then, can Obama make it? He simply chooses not to count any of the major categories of domestic spending — Medicare, Medicaid, Social Security, and (soon) Obamacare — as part of “domestic spending.”"