I’m at a loss to explain how else to describe the weapons-grade whopper the White House Spokesgrifter Jay Carney told in this morning’s press gaggle when asked about the so-called Buffet Rule. That’s Barack Obama’s Attack O’The Week this week — an attempt to wring a few billion dollars out of 400 households who have managed, through a lot of hard work and sacrifice, to reach the very pinnacle of financial success in America. I’m not going to get into the numbers of the Buffett Rule, which are a noxious stew of fuzzy math and laughable fiction. I’ll let the graphic at the end of this post handle that. I want to point out that Jay Carney looked America right in the eyes and told a lie so blatant that, if we lived in Old Testament times, God would have opened a fiery crevice underneath him to consume him and his entire lineage.Bingo.
Q: "Back to the Buffett Rule. Given that if it passed, it would make a small dent in the deficit, would you say that the measure is more symbolic than material?"
MR. CARNEY: "I think the money we’re talking about here, $47 billion over 10 years, is nobody’s idea of a small amount, A. B, we never suggested — the President, no one ever suggested that implementing the Buffett Rule would contribute in large measure to reducing the deficit. The President has put forward a comprehensive deficit reduction plan that takes a balanced approach, that includes as a principle of tax reform theBuffett Rule, but that does not rely on — and we never suggested it would rely on — the Buffett Rule to reduce the deficit by a significant measure. It is a principle of tax fairness.[Emphasis mine]
So, according to the Mouth of Sauron, Jay Carney, neither the President nor anyone else in the administration suggested that the Buffett Rule would reduce the debt in either a “large” or “significant” measure."
Got that? Okay. Now let’s leap into that wonderful time machine known as the Internet and travel back about six months, to September of last year. Here is what the President said in a speech at a DNC event in California.
"What I’ve said is this is a very simple principle that everybody should understand: Warren Buffett’s secretary shouldn’t pay a lower [sic] tax rate than Warren Buffett. A teacher making $50,000 a year, or a firefighter making $50,000 a year or $60,000, shouldn’t be paying a higher tax rate than somebody making $50 million a year. And that basic principle of fairness, if applied to our tax code, could raise enough money that not only do we pay for our jobs bill, but we also stabilize our debt and deficits for the next decade. And as I said when I made the announcement, this is not politics; this is math." (Laughter.)
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