random research, notes, programming, linux, conversations, quotes, thoughts, ideas, online resources, self-edumkatiun, time travel, physics, data and network security, general tech., current events, theology, politics, reviews, conspiracy theories, and more.....
Republicans' 'Pledge to America' falls short on some of its facts.
September 24, 2010
The Republican “Pledge to America,” released Sept. 23, contains some dubious factual claims:
It declares that “the only parts of the economy expanding are government and our national debt.” Not true. So far this year government employment has declined slightly, while private sector employment has increased by 763,000 jobs.
It says that “jobless claims continue to soar,” when in fact they are down eight percent from their worst levels.
It repeats a bogus assertion that the Internal Revenue Service may need to expand by 16,500 positions, an inflated estimate based on false assumptions and guesswork.
It claims the stimulus bill is costing $1 trillion, considerably more than the $814 billion, 10-year price tag currently estimated by nonpartisan congressional budget experts.
It says Obama’s tax proposals would raise taxes on “roughly half the small business income in America,” an exaggeration. Much of the income the GOP is counting actually comes from big businesses making over $50 million a year.
For details on these and other examples please read on to the Analysis section.
Continued here: http://factcheck.org/2010/09/factchecking-the-pledge/