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Tuesday, July 31, 2012

How Barack Obama “Pays Down the Debt” | Power Line

How Barack Obama “Pays Down the Debt” | Power Line: "Contrary to popular belief, politicians are not, as a rule, particularly dishonest people. But there are exceptions. On the current scene, it would be hard to find another politician as dishonest as Barack Obama. Currently, he is running an ad that says he has a plan to “pay down the debt in a balanced way.” He also tries to justify his call for a tax increase on the ground that the increased revenues will reduce the deficit.

But where, exactly, is Obama’s plan to “pay down the debt”? It is a figment of his imagination; or, rather, a convenient lie that he thinks will help him politically. "

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