Yesterday Investors.com posted an article about a campaign ad the Obama campaign has created. The ad is total fiction, and the article explains why.
One of the claims in the ad is that the Obama Administration has decreased America’s dependence on foreign oil. The ad fails to mention that during a recession American oil consumption decreases and thus the amount of oil we import decreases. The article also fails to mention that gasoline consumption is down because the price of a gallon of gas has almost doubled under President Obama. The article includes a chart:
The article also deals with some of the other claims in the ad. President Obama claims that according to the Brookings Institution his administration has created 2.7 million clean energy jobs and is expanding rapidly. Again, that doesn’t line up with the facts. The article reports:
“Overall, today’s clean economy establishments added half a million jobs between 2003 and 2010, expanding at an annual rate of 3.4 %” — a half-million over eight years being a tiny gain. And that “this performance lagged the growth in the national economy, which grew by 4.2% annually over the period.”
We need to remember that Spain ended its government sponsored green energy program because for every job they created, two jobs were lost. We need to learn from the Spanish experience.
Overall the ad is a very nice-sounding group of lies. I am sure it is the first of many such ads. As voters, we need to learn to fact check all political ads from all candidates. Statistics can be twisted to say anything the person citing them wants them to say. Polls can be skewed according to who is polled. As voters, we really need to pay attention to what is said during the campaign and how much of what is said is actually true.