PINOCCHIO IN THE OVAL OFFICE
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Five Big Lies In Obama’s Fairness Speech
Election ’12: One thing is certainly true about President Obama – no matter how many times people point out the falsehoods in his speeches, he just keeps making them. Case in point: his latest “economic fairness” address.
In that speech Tuesday, Obama once again tried to build a case for his liberal, big-spending, tax-hiking, regulatory agenda. But as with so many of his past appeals, Obama’s argument rests on a pile of untruths. Among the most glaring:
• Tax cuts and deregulation have “never worked” to grow the economy. There’s so much evidence to disprove this claim, it’s hard to know where to start. But let’s begin with the fact that countries with greater economic freedom – lower taxes, less government, sound money, free trade – consistently produce greater overall prosperity.