Wednesday, April 11, 2012

Flawed logic

Interesting item today in Obama's (recurring) stump speech regarding his fiscal policy.....

Obama: Millionaires should pay 'fair share'. David Jackson, The Oval, USA Today
"One in four millionaires pays a lower tax rate than millions of hardworking middle-class households," Obama told a group of business executives gathered at the White House.
That's 1 in FOUR or, 25%. That means that 75% (3 in FOUR) of Millionaires and Billionaires pay a higher tax rate than "hard-working middle-class households."

Based on Obama's own numbers the majority of his campaign fiscal policy is based on an anecdotal event that doesn't even apply to the vast majority of those he's trying to demonize.

Strangely, he's not being laughed off of the public stage right now. A sure sign that the media focus for this election is (again) going to be less about fact and more about dreamy speeches given when the tele-promp-ter is working.


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