I guess we'll be in for a lot more distortions and lies as the campaign progresses, but let's hope Mr. Romney educates himself and at least pays a little attention to the facts. Most likely the "Great Republican Propaganda Machine" will just keep spewing out noise, spin and falsehoods until it just crumples under its own hollowed-out shell of what once was Abraham Lincoln's party. Honest Abe Lincoln couldn't be a 2011 Republican and it seems a cruel and comical farce that it's actually the same party—I think Mr. Lincoln would agree!
- Raised the level of real (inflation-adjusted) gross domestic product (GDP) by between 1.7 percent and 4.5 percent,
- Lowered the unemployment rate by between 0.7 percentage points and 1.8 percentage points,
- Increased the number of people employed by between 1.4 million and 3.3 million, and
- Increased the number of full-time-equivalent (FTE) jobs by 2.0 million to 4.8 million compared with what those amounts would have been otherwise. (Increases in FTE jobs include shifts from part-time to full-time work or overtime and are thus generally larger than increases in the number of employed workers.)
Friday, June 3, 2011
Mitt Romney is Not Entitled to His Own Set of Facts
Mitt Romney recently stated that Obama's American Recovery and Reinvestment Act (ARRA) made things worse. Of course he claims he could have done better. We know Republicans can play fast and loose with the facts, but perhaps someone should inform Mr. Romney that according to the CBO exactly the opposite happened. In fact this CBO report estimated that the 2009 American Recovery and Reinvestment Act:
