jrich4rpaul
03-25-2009, 04:56 AM
http://news.yahoo.com/s/ap/fact_check_obama
WASHINGTON – President Barack Obama's plea Tuesday for patience in the economic turmoil fits with the view of most economists that a turnaround will take some time. It doesn't fit quite so neatly with his bullish budget.
The president's spending plans and deficit projections rest on the assumption that the economy will post solid growth next year after a mild, further decline this year. Many economists think that's too rosy.
Obama was more cautious than that in his prime-time news conference — possibly to the point of having it both ways.
A look at some of his statements and how they square with the facts:
WASHINGTON – President Barack Obama's plea Tuesday for patience in the economic turmoil fits with the view of most economists that a turnaround will take some time. It doesn't fit quite so neatly with his bullish budget.
The president's spending plans and deficit projections rest on the assumption that the economy will post solid growth next year after a mild, further decline this year. Many economists think that's too rosy.
Obama was more cautious than that in his prime-time news conference — possibly to the point of having it both ways.
A look at some of his statements and how they square with the facts: