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Monday, June 18, 2012

Pants on Fire Romney

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Posted on May 29, 2012
There are those who tell the truth. There are those who distort the truth. And then there’s Mitt Romney.
Every political campaign exaggerates and dissembles. This practice may not be admirable—it’s surely one reason so many Americans are disenchanted with politics—but it’s something we’ve all come to expect. Candidates claim the right to make any boast or accusation as long as there’s a kernel of veracity in there somewhere.

Even by this lax standard, Romney too often fails. Not to put too fine a point on it, he lies. Quite a bit.
“Since President Obama assumed office three years ago, federal spending has accelerated at a pace without precedent in recent history,” Romney claims on his campaign website. This is utterly false. The truth is that spending has slowed markedly under Obama.

An analysis published last week by MarketWatch, a financial news website owned by Dow Jones & Co., compared the yearly growth of federal spending under presidents going back to Ronald Reagan. Citing figures from the Office of Management and Budget and the Congressional Budget Office, MarketWatch concluded that “there has been no huge increase in spending under the current president, despite what you hear.”   READ MORE
 

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