Fact Checking Obama

Conn Carroll /

We highlighted the Associated Press’ FACT CHECK on President Barack Obama’s deficit cutting claims this morning, but that was not the only area where Obama stretched the truth.

On jobs:

OBAMA: “We began by passing a Recovery Act that has already saved or created over 150,000 jobs.” – from news conference.

THE FACTS:
This assertion is dubious on several levels. For starters, the U.S. has lost more than 1.2 million jobs since Obama took office, according to the Bureau of Labor Statistics. Even if Obama’s stimulus bill saved or created as many jobs as he says, that number is dwarfed by the number of recent job losses. (more…)