Fact checking Liberal fact checkers is a full-time job.
A local writer's letter to our local newspaper, the ICO, and Joe Biden’s debate performance provided enough malarkey for a book, let alone an ICO letter. The writer said that only three of 36 green companies, not half, that received stimulus funds had failed. However, Romney only cited the seven funded in 2009 and 2010, four of which have already failed (over half). It’s too early to judge the ones funded in 2011, although eight more have filed for bankruptcy, and the rest seem shaky.
The writer also wrote that Obama didn’t cut Medicare $716 billion, although Medicare actuaries say he did. Without reinstatement, Medicare reimbursement to hospitals and providers will have to be reduced to below the Medicaid rate, meaning that many providers will stop taking Medicare patients.
Also not mentioned was that Romney’s tax cut will be far less than $5 trillion after some deductions are cut or reduced, and he overlooked that Democrats ran Congress after January 4, 2007 and passed budgets that began the trillion dollar deficits that increased federal debt $7.8 trillion, or almost half (47%) of the current $16.5 trillion total.
Biden malarkey included that the Obama administration didn’t know: the late Libyan ambassador wanted more security; that the Republican budget didn’t specify cutting embassy security; al Qaeda hasn’t been “decimated”; taxes would be raised on families and small businesses making less than $1,000,000 per year (and for some under $200,000); Syria is not five times the size of Libya (it’s one-tenth); Obama hasn’t ordered all American troops from Afghanistan by 2014 (30,000 stay); Catholic institutions are forced to cover contraception; and Joe voted for the second Iraq war and war in Afghanistan, and the prescription drug benefit under Medicare Part D.
Joe was a buffoon lying through his smiling teeth.