Whoppers of 2012
The biggest falsehoods from the presidential campaign.
Summary
With only days to go until Election Day 2012, we look here at the most
egregiously false and misleading claims from the entire presidential
campaign. Some examples:
¦President Barack Obama claimed Mitt Romney is planning to raise
taxes by $2,000 on middle-income taxpayers and/or cut taxes by $5
trillion. Neither is true.
¦Romney claimed Obama plans to raise taxes by $4,000 on middle-income
taxpayers. That’s not true, either.
¦It’s also not true that Obama plans “to gut welfare reform by
dropping work requirements,” as Romney claimed.
¦Equally untrue is the Obama campaign’s repeated claim that Romney
backed a law that would outlaw “all abortions, even in cases of rape
and incest.”
So many false and twisted claims were made in the early months that we
issued an “early edition” of our annual wrap-up of political whoppers
in July. We noted then that the campaign had been nasty, brutish and
long.
And it’s only gotten longer, not more truthful.
We also found whoppers on popular topics such as the federal health
care law, jobs and the debt:
¦Romney has repeatedly claimed that health insurance premiums have
gone up $2,500 under Obama. That’s wrong. Family premiums for
employer-sponsored insurance have gone up $1,975 from 2010 to 2012.
That’s the total paid by employer and employee, and the reports on
this from the Kaiser Family Foundation said the amount paid by
employees hadn’t gone up much. Besides, experts told us the federal
health care law was responsible for a 1 percent to 3 percent increase,
due to more generous coverage requirements.
¦Obama said his policies were responsible for “about 10 percent” of
the deficits “over the last four years.” But two of the laws he
signed, the stimulus and 2010 tax cut, account for nearly a third of
the cumulative four-year deficit of $5.2 trillion. Obama was referring
to a Treasury analysis covering 2002 to 2011, including all eight
years of the Bush administration but excluding the 2012 fiscal year
that just ended Sept. 30. He also was referring not to cumulative
deficits but to the difference between the Congressional Budget
Office’s projected surpluses and the deficits that actually happened.
¦An ad in Florida from the conservative American Crossroads reminded
us of the notorious “death panel” falsehood. The ad said Medicare
benefits could be “rationed” and seniors denied treatment by the new
health care law. But the law specifically forbids rationing or a cut
in benefits.
¦Obama has said that he would return the top two tax rates to the
“same rate we had when Bill Clinton was president.” But that’s not
right. While Obama does want to let the Bush tax cuts expire for those
earning more than $200,000 a year ($250,000 for couples) — which would
put the top marginal rates back to where they were under Clinton — the
Affordable Care Act put additional taxes on these earners. Next year,
they’ll face an additional 0.9 percent Medicare payroll tax, and a 3.8
percent tax on investment income.
¦A Romney ad wrongly claimed that “your share of Obama’s debt is over
$50,000.” That’s attributing all of the $16 trillion total federal
debt, most of which was accumulated under previous presidents. The
total public debt was $10.6 trillion when Obama took office; plus, he
inherited a deficit that was already running at $1 trillion-plus on
the day he took office.
¦Obama has tried to make job growth in his term look better than it
actually is by saying that “this country has created over half a
million new manufacturing jobs in the last two-and-a-half years,” and
claiming that he has added 5.2 million new jobs. Manufacturing jobs
have rebounded by 512,000 since hitting a low point a year after Obama
was inaugurated. But all told, there are still 582,000 fewer
manufacturing jobs than there were when Obama took office. As for the
5.2 million new jobs claim, those are private-sector jobs only, and
growth only since February 2010. Total jobs — private and government
jobs — are up about 325,000 since Obama’s inauguration.
¦Romney, too, puffed up his record on jobs as governor of
Massachusetts. A campaign ad said he “reduced unemployment to just 4.7
percent.” That’s true — Massachusetts’ unemployment rate declined from
5.6 percent to 4.6 percent — but the state’s rate was lower than the
national rate when Romney took office and about the same when he left.
¦Romney was wrong when he said 47 percent of Americans pay no federal
income taxes and are “dependent on the government.” The true figure is
46.4 percent. More important, most of those Americans work, but don’t
make much money. Twenty-two percent are seniors, and 15.2 percent
receive tax credits for children and the working poor that bring their
income tax liability to zero.
http://factcheck.org/2012/10/whoppers-of-2012-final-edition/