Or maybe a better question would be who lies better?
Obama claims that the U.S. has created over half a million new manufacturing jobs. It's technically true, but misleading. We've lost about a million manufacturing jobs since 2009 but regained more than half that in the comeback.
Romney claims to have a plan to create 12 million new jobs. Also misleading. Independent forecasters predict the economy will gain about 12 million jobs over the next four years regardless of who is president.
Obama says Romney would give millionaires another tax break and raise taxes on middle class families by up to $2,000 per year. The non-partisan Tax Policy Center concluded that he would have to close tax loopholes that benefit the middle class to do so, but in fact Romney hasn't specified how exactly he would pay for the tax cuts he says he'd give all Americans.
Romney says that under Obama's plan you wouldn't have to work and wouldn't have to train for a job. "They just send you your welfare check." The reality is Obama granted waivers to some states that asked for greater flexibility in attempting to make welfare-to-work programs more effective at getting people off of welfare rolls.
Obama's plan to reduce the deficit by $4 trillion over the next decade relies heavily on budget gimmickry.
Romney plans to 'reverse Obama's defense cuts and strengthen our military'. The cuts are part of a debt-reduction deal agreed to by the White House and congressional Republicans, including running mate Paul Ryan.
Obama claims the way Bain Consulting reorganized cost the government and taxpayers $10 million. Bain wrote off $10 million in debt at the expense of the FDIC, not the treasury.
Romney says 'We're only inches away from no longer being a free economy.' Conservative Heritage Foundation ranks the U.S. in the top 10 worldwide for economic freedom, ahead of countries like Japan, Germany, and the U.K.
Obama knows most voters think of its controversial immigration law when he says 'My opponent says the Arizona law should be a model for the nation.' Romney was actually talking about an Arizona law requiring employers to check worker eligibility.
Romney says 'He was president for the last three and a half years, did nothing on immigration.' Obama actually lobbied for the Dream Act in Congress, where it was blocked by Republicans, so Romney is technically right since no law was passed but Obama wasn't exactly idle on the issue. Obama also issued an executive order protecting young illegal immigrants from deportation in June.
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