I thought I was done with posts about politicians’ difficulty with numbers for one day… And then I see Washington Post’s fact checker chimes in with this headline: President Obama’s phony accounting on the auto industry bailout. Desperation setting in?
We take no view on whether the administration’s efforts on behalf of the automobile industry were a good or bad thing; that’s a matter for the editorial pages and eventually the historians. But we are interested in the facts the president cited to make his case.
What we found is one of the most misleading collections of assertions we have seen in a short presidential speech. Virtually every claim by the president regarding the auto industry needs an asterisk, just like the fine print in that too-good-to-be-true car loan.
In awarding President Obama 3 Pinocchios for his auto industry speech, the Washington Post leaves with this:
The president is straining too hard. If the auto industry bailout is really a success, there should be no need to resort to trumped-up rhetoric and phony accounting to make your case. Let the facts speak for themselves.
Read the link for the full breakdown of the whoppers Obama told or check out here for Ed Morrisey’s summation.