{"id":2386,"date":"2011-02-21T18:16:57","date_gmt":"2011-02-21T22:16:57","guid":{"rendered":"https:\/\/www.urbin.net\/blog\/?p=2386"},"modified":"2011-02-21T18:16:57","modified_gmt":"2011-02-21T22:16:57","slug":"math-is-clearly-not-our-dear-leaders-strong-point","status":"publish","type":"post","link":"https:\/\/urbin.net\/blog\/economy\/math-is-clearly-not-our-dear-leaders-strong-point\/","title":{"rendered":"Math is clearly not our Dear Leader&#8217;s strong point"},"content":{"rendered":"<p><a href=\"http:\/\/www.washingtonpost.com\/wp-dyn\/content\/article\/2011\/02\/17\/AR2011021705270.html\">Charles Krauthammer points out<\/a> that the &#8220;accounting&#8221; in our Dear Leader&#8217;s so-called &#8220;budget&#8221; is the type that would get an ordinary citizen thrown in jail.<\/p>\n<blockquote><p>Classic Obama debt reduction: Add $2 trillion in new taxes, then add $1 trillion in new spending and, presto, you\u2019ve got $1 trillion of debt reduction. It\u2019s the same kind of mad deficit accounting in Obamacare: It reduces debt by adding $540 billion in new spending, then adding $770 billion in new taxes. Presto: $230 billion of \u201cdebt reduction.\u201d Bialystock &amp; Bloom accounting.<\/p><\/blockquote>\n<p>Bonus points for the <a href=\"http:\/\/www.amazon.com\/exec\/obidos\/ASIN\/B000BMY2LU\/eclipsswebwarren\">Mel<\/a><a href=\"http:\/\/www.amazon.com\/exec\/obidos\/ASIN\/B000EWBKMG\/eclipsswebwarren\"> Brooks<\/a> reference.<\/p>\n<p><a href=\"http:\/\/pajamasmedia.com\/vodkapundit\/2011\/02\/18\/required-reading-349\/\">HT to the Vodkapundit<\/a><\/p>\n<p>Be sure to<a href=\"http:\/\/www.washingtonpost.com\/wp-dyn\/content\/article\/2011\/02\/17\/AR2011021705270.html\"> read the whole thing<\/a>. \u00a0Trust me, it gets better.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Charles Krauthammer points out that the &#8220;accounting&#8221; in our Dear Leader&#8217;s so-called &#8220;budget&#8221; is the type that would get an ordinary citizen thrown in jail. Classic Obama debt reduction: Add $2 trillion in new taxes, then add $1 trillion in new spending and, presto, you\u2019ve got $1 trillion of debt reduction. It\u2019s the same kind [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_themeisle_gutenberg_block_has_review":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[6,52,19],"tags":[140,262,294,414,621,751,753,839],"class_list":["post-2386","post","type-post","status-publish","format-standard","hentry","category-economy","category-bho-politics","category-politics","tag-barack-obama","tag-democrat","tag-economy","tag-incompetent","tag-politics","tag-tax-hike","tag-taxes","tag-worst-president-ever"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pab4zg-Cu","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/urbin.net\/blog\/wp-json\/wp\/v2\/posts\/2386","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/urbin.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/urbin.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/urbin.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/urbin.net\/blog\/wp-json\/wp\/v2\/comments?post=2386"}],"version-history":[{"count":0,"href":"https:\/\/urbin.net\/blog\/wp-json\/wp\/v2\/posts\/2386\/revisions"}],"wp:attachment":[{"href":"https:\/\/urbin.net\/blog\/wp-json\/wp\/v2\/media?parent=2386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/urbin.net\/blog\/wp-json\/wp\/v2\/categories?post=2386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/urbin.net\/blog\/wp-json\/wp\/v2\/tags?post=2386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}