FACT CHECK: Obama's job, deficit claims are iffy
guardian.co.uk
President Barack Obama turned the page on 100 days in office with an iffy boast about job creation and claims of fiscal prudence that are hard to square with his spending.
Obama spoke with abundant confidence about his chances for achieving the big-ticket items on his agenda despite economic calamity:
His assertion that his proposed budget "will cut the deficit in half by the end of my first term" is an eyeball-roller for many economists, given the uncharted terrain of trillion-dollar deficits the government is negotiating.
He promised vast savings from increased spending on preventive health care in the face of doubts that such an effort, however laudable it might be for public welfare, can pay for itself, let alone yield huge savings.
He pitched a remedy for Social Security's long-term crisis that analysts say won't fix half the problem.
Obama held a prime-time news conference Wednesday and addressed citizens at an Arnold, Mo., high school, using both events to review progress at the 100-day mark and look ahead.
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