It'll never cease to amaze me how the side of the fence that calls themselves the "intellectually elite" just eat this crap up like it's their final dinner on death row. Like lobotomized lemmings walking over a cliff.
This time, Dear Leader made the grand claim that he cut spending "by more than $1 Trillion in 2011."
That is RICH, y'all.
Here's some of the delusion displayed once again on a hack lamestream-media show (because, let's face it, "news" is entertainment these days):
“I campaigned on the promise of being willing to reduce the deficit in a serious way, in a balanced approach of spending cuts and tax increases on the wealthy while keeping middle class taxes low,” Obama continued.
“I put forward a very specific proposal to do that," he said. "I negotiated with Speaker Boehner in good faith and moved more than halfway in order to achieve a grand bargain. I offered over a trillion dollars in additional spending cuts so that we would have two dollars of spending cuts for every one dollar of increased revenue. I think anybody objectively who's looked at this would say that, you know, we have put forward not only a sensible deal but one that has the support of the majority of the American people, including close to half of Republicans.”
Of course, reality paints a different picture. So does actual MATH, which points to the following (emphasis mine):
According to the White House Office of Management and Budget, federal spending was not cut by $1 trillion in 2011. In fact, in fiscal 2010, federal spending was $3,456,213,000,000. In fiscal 2011, federal spending was $3,603,213,000,000. That was an increase of $147 billion.
While President Obama did not cut federal spending by $1 trillion in 2011, he did increase the debt by more than $1 trillion in that fiscal year. In fiscal 2011, according to the White House Office of Management and Budget, the federal deficit was $1,299,595,000,000. That was up from a deficit of $1,293,489,000,000 in fiscal 2010."
Facts, shmacts. The Obama-media is running the show now, minions. We don't need no stinkin' facts.
Kool-Aid. It's what's for liberal lemmings' dinner.