{"id":44726,"date":"2022-03-04T14:36:39","date_gmt":"2022-03-04T19:36:39","guid":{"rendered":"https:\/\/www.rightwinggranny.com\/?p=44726"},"modified":"2022-03-04T14:36:39","modified_gmt":"2022-03-04T19:36:39","slug":"i-wondered-about-this-when-he-said-it","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=44726","title":{"rendered":"I Wondered About This When He Said It"},"content":{"rendered":"<p>There were a lot of misleading statements in the State of the Union address on Tuesday. On Tuesday, <a href=\"https:\/\/www.wsj.com\/articles\/joe-biden-tells-a-budget-whopper-state-of-the-union-address-deficit-11646263039?mod=opinion_lead_pos2\" target=\"_blank\" rel=\"noopener\">The Wall Street Journal<\/a> posted an article about one of these statements.<\/p>\n<p>The article reports:<\/p>\n<p style=\"padding-left: 40px;\"><strong>Presidents typically embellish their achievements during their State of the Union addresses, but President Biden\u2019s pose as a budget deficit hawk is one for the ages.<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>\u201cBy the end of this year, the deficit will be down to less than half what it was before I took office,\u201d he said, adding that he will be \u201cthe only President ever to cut the deficit by more than one trillion dollars in a single year.\u201d<\/strong><\/p>\n<p>That&#8217;s not by choice.<\/p>\n<p>The article notes:<\/p>\n<p style=\"padding-left: 40px;\"><strong>This assumes Congress doesn\u2019t enact his Build Back Better plan or the more Covid relief he\u2019s asking for.<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>He\u2019s also using the fiscal 2020 budget as his benchmark. Congress passed $2 trillion in Covid relief in March 2020 to prevent a recession. Both parties piled on $900 billion more that December, and Democrats in March 2021 ladled out nearly $2 trillion more. The deficit is declining because Congress blew it out for two years.<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>&#8230;Inflation is always good for government coffers. Receipts are up 28% during the first four months of this fiscal year. But the Congressional Budget Office still projects deficits to exceed $1 trillion on average over the next decade.<\/strong><\/p>\n<p>The article concludes:<\/p>\n<p style=\"padding-left: 40px;\"><strong>Mr. Biden is hoping the deficit reduction ruse will lure West Virginia Sen. Joe Manchin to go along with more spending. Don\u2019t fall for it, sir.<\/strong><\/p>\n<p>Remember, statistics can pretty much be manipulated to say anything a statistician wants them to say. President Biden evidently has some good statisticians in his speech writing department.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>There were a lot of misleading statements in the State of the Union address on Tuesday. On Tuesday, The Wall Street Journal posted an article about one of these statements. The article reports: Presidents typically embellish their achievements during their &hellip; <a href=\"https:\/\/www.rightwinggranny.com\/?p=44726\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[2315,14570,13477,15007,13372,4977,8401],"class_list":["post-44726","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-budget-deficit","tag-build-back-better-bill","tag-covid-relief-bill","tag-deficit-reduction","tag-president-biden","tag-state-of-the-union-address","tag-the-wall-street-journal"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/44726","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=44726"}],"version-history":[{"count":1,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/44726\/revisions"}],"predecessor-version":[{"id":44727,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/44726\/revisions\/44727"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=44726"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=44726"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=44726"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}