The Obama Administration themselves are admitting it's a lie!!!
No they aren't -
[ame=http://www.youtube.com/watch?v=nTL9PB1oiF0&sns=em]Stephanie Cutter Admits Obamas $5 Trillion Attack on Romney Is Not True - YouTube[/ame]
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature currently requires accessing the site using the built-in Safari browser.
The Obama Administration themselves are admitting it's a lie!!!
No they aren't -
Rottweiler -
As I said earlier - you don't understand this, and I do realise that you don't understand it.
The figure of $5 trillion is correct - but it is a figure which does not include money earned by closing loopholes because Romney has not yet said which loopholes he will close - hence we don't know the value of those.
Both Business Week and WaPo explained this - presumably you didn't read either.
Have you actually watched the video?
Please provide the sentence and time when the spokesperson uses the word "lie" or anything even remotely close to it.
If the US has not been able to pay down its sovereign debt for 40 years - how will Romney's gigantic tax cuts help?
Because, as anyone with an ounce of common sense knows, more money in the pockets of people and/or corporations means more economic growth. More economic growth means more jobs. More jobs means more people earning money. More people earning money means a larger pool of people to tax.
.
Oh, right!
So when people pay less taxes, they won't just buy imported products?
How does a family buying a new Toyota, Nokia phone or Plystation help America, exactly?
Does it help to take money from people to give to other people so they can buy imports help America? Is it just who is doing the buying of cheap imports that makes a difference. Do the poor have some right to Toyota's (that are built here by the way) and Nokia phones that tax payers don't have?
Rottweiler -
Do you admit that nowhere in the video did Obama's spokesman say anything at all about lying, nor anything even remotely like that?
The spokesperson repeats and explains the $5 trillion figure, and at no point says anything different. If you had watched the video, that should have been clear.
The Obama Administration themselves are admitting it's a lie!!!
Oddball -
This is not about spending per se - because the money has already been spent. Its gone.
And what you have to show for it is the deficit.
The question is how yoy pay back what you owe.
Romney's solution is to ask wealthy Americans to pay less tax than they do now.
Apparently, you think the various Chinese banks you owe money to will accept IOU's.
If you don't spend it, you don't have to borrow it.When you borrow money from a bank, you don't usually get to negotoiate whether it is fair that you have to pay it back.
If you don't spend it, you don't have to borrow it.When you borrow money from a bank, you don't usually get to negotoiate whether it is fair that you have to pay it back.
what we owe to foreigners is but a fraction of our liabilities,
Rottweiler -
Asking for a 4th time now - please provide the exact quote and time stamp from the video where the Obama administration "are admitting it's a lie!!!"
The Obama Administration themselves are admitting it's a lie!!!