Dispelling MYTHS

I keep reading of how Obama's policies have destroyed our nation and how Obama is spending us into oblivion.... I also keep hearing about how Jimmy Carter was the worst president ever. I hear how republicans are the fiscally responsible party, So, I decided to do some research.

1. Obama's fiscal policies are destroying America?  Well the only fiscal policy that Obama has made since taking office was the stimulus that saved and/or created 3.2 million jobs according the CBO. Every other Obama fiscal policy has either died in the house or been filibustered to death in the senate so we are essentially still following the failed Bush fiscal path.  MYTH ADD ON  Obama has not submitted a budget since taking office. Actually the president is REQUIRED by law to submit an annual budget request every year and Obama has. Alas those budgets also killed in the house or filibustered in the senate.

2. Obama is spending us into oblivion. Well actually the opposite appears to be true, Discretionary spending under Obama is actually less than under Bush, This may because Republicans are fearful of asking for federal funding of programs that would create jobs. MYTH ADD ON when research is done to see the effects of lipstick on sperm whales many call it pork spending however the 150-300 people doing the study earn a salary and pay taxes and spend money on everyday products and services which all help our economy.

3. Jimmy Carter was the worst president ever.  I am not sure how people come up with this maybe they remember the long lines at the gas pumps or the gas shortages, maybe it was the Iran hostage crisis. Either way the truth is that Carter took office when Inflation was already rising out of control under Ford. Yet Carter managed to have a total of over 10 million new jobs created under him. He also cut our debt in half. Brokered peace between Isreal and Egypt, which was thought to be impossible. I can certainly think of worse presidents, Like George W. Bush or Herbert Hoover or Grover Cleveland.....

4. Republicans are the fiscally sane party.  Let me undo this myth from it's base. Democrats are known as the tax & spend party, Republicans are the Borrow and spend party. The records show that government spending is usually higher under Republicans than democrats but is spent on different things. Democrats tend to increase social programs and fund studies into how to better our air, drinking water, workplace safety... Republicans usually double the military budget and spend on helping BIG business expand. The main difference here is that Republican spending is usually financed by borrowed money as they do not like to increase taxes when necessary to pay for their fiscal policies. Democrats raise taxes and keep the bills from going up because tax money from Americans are invested in America.

5. There are more jobs under Republicans than Democrats. Again this is untrue when looking at the Bureau of Labor Statistics job creation by President. The chart below shows that we actually tend to have greater job growth under Democrats than Republicans. Oh well another myth busted.