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Unmasking A Gimmick: Manipulating Data To Spur Higher Spending

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Uploaded by on Sep 20, 2011

"That's unacceptable to me [to say that] we've got to scale back on the investments that have always helped our economy grow. We've got to settle for second-rate roads and second-rate bridges and second-rate airports, and schools that are crumbling." - President Obama, remarks on economic growth and deficit reduction, September 19, 2011 (http://1.usa.gov/mSLqov)

President Obama and Democrat leaders, including Budget Committee Chairman Kent Conrad, have repeatedly called this year for increased "investments"—federal spending—in "education, innovation, clean energy, and infrastructure". Implicit (and in some cases explicit) in their calls is the argument that such spending has fallen off in recent years. But is this the case?

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  • "tax credits, preferences and deductions" = spending? Nonsense. That rule only applies to corp. jets and oil companies.

  • Democrats are obviously spending more money on chart manipulation

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