3 whoppers from Obama’s big economic speech

3 whoppers from Obama’s big economic speech

1. Obamacare is going great.

He’s said this before, and each time, it’s actually less true. To hear the President tell it, Obamacare is all about security, free things, and discounts.

But the daily march of Obamacare is bringing higher premiums, new taxes, and fewer choices. The Obama Administration has already delayed the employer mandate—only the latest in a string of delays and failures to implement the law.

In his speech yesterday, Obama said, “There are folks out there who are actively working to make this law fail.” Nope, the law is failing just fine on its own. And that’s whyCongress should not fund it with taxpayer dollars.

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2. I cut the deficit in half.

This was one of Obama’s big first-term promises, so he would like to show that he’s delivered on it. But this claim ignores the huge deficit he ran up during his first few years in office.

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