SMRs and AMRs

Monday, December 12, 2011

Fact checking the ABC-Yahoo Republican presidential debate in Iowa

By Glenn Kessler,
WashPost
Published: December 11

View Photo Gallery: With 24 days before the state’s key caucuses, six candidates gather onstage. Newt Gingrich and Mitt Romney are taking on different roles than in previous matchups as Gingrich has climbed in the polls.

It may have been bad politics for Mitt Romney to offer a $10,000 bet to Texas Gov. Rick Perry, but it’s a good thing Perry didn’t take it. He would have lost a fair chunk of change. Here’s our round-up of misses and bloopers committed by the GOP candidates in Saturday’s ABC-Yahoo debate, held at Drake University in Des Moines, Iowa, in the order in which they made them.
“Well, I think that there’s a clear record, I worked with Ronald Reagan in the early ‘80s and his recovery program translated into today’s population of about 25 million new jobs in a seven-year period. As Speaker of the House, I worked with President Clinton and he followed with a very similar plan. And we ended up with about 11 million new jobs in a four-year period.” -- Newt Gingrich
The former House Speaker conveniently ignores the fact that Bill Clinton pushed through a major tax increase on the wealthy in 1993 which, combined with the boom in technology stocks, brought forth a gusher of tax revenue that helped eliminate the budget deficit. Gingrich at the time predicted economic disaster when Clinton won approval of his tax increase with not a single Republican vote.

(More here.)

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