You know I’m getting tire of pointing out every mathematical magic trick Obama pulls. Here is the latest on his budget, he is claim $1.5 trillion dollars in saving on the “War on Terror” over the next 10 year, assuming that the cost of the war will remain at it’s peak price in 2008 of 183 billion.
Here read this …
The budget includes a “placeholder” estimate of just $50 billion per year for the wars in Iraq and Afghanistan starting in 2011. By comparison, the total war cost for fiscal 2009 is expected to hit $142 billion.
At the same time, Obama’s budget team projects saving $1.5 trillion over 10 years by scaling back the wars. But this estimate assumes the price tag for the wars would exceed $100 billion almost every year through 2019, despite pre-existing commitments to withdraw U.S. troops from Iraq by the end of 2011.
Boehner said the move creates “phantom savings for money they never intended to spend in the first place.”
The estimate basically assumes the Department of Defense would shell out military spending at current rates. War costs hit a high in fiscal 2008, at $188 billion. But Obama’s budget assumes the government would still be dishing out $183.5 billion in 2019 if his administration didn’t step in to rein in spending.
This is the same math people use when they don’t buy something they assume saved that money. Well no, you had the money, you didn’t spend it and you didn’t owe it so you didn’t save it, you just didn’t spent it. It’s fuzzy math as House Republican Leader John Boehner said.
It’s not honest and it’s not realistic to project saving on money not slated to to spent, but it sure sounds good on a stump speech to the adoring Obamabots. Obama is nothing more than a BS artist and sadly many aren’t going to find out until it’s to late… Well I guess it’s already too late, but it’s not for 2012.
MORE
Critics Question Obama’s ‘Fuzzy Math’ on War Funding Estimates
Tweet 
Buzz 
DIGG 
Facebook 
Ping 
Reddit 
Stumble
Related posts:
- Obama’s magical math.
- It’s not fuzzy math, it’s furry math..
- Stop the insanity! Stop the lies!
- The cost of war
- What does healthcare cost?
- Show me the money…
- Obama’s $1,750,000,000,000.00 deficit spending budget.
- Democrats “deem” budget passed
- RCP Poll Obama below 50% (even using there fuzzy math)
- Sob stories that don’t add up, math challenges and Democrat deception
