Saturday, August 11, 2012

Honesty is the Best Policy

The old saying "honesty is the best policy" has been around for a very long time but it sometimes seems as tough our politicians still haven't learned it, or they just don't believe it. Here is an example of one of our prominent politicians ignoring it.

 President Obama cited an "independent, non-partisan study": "And you do not have to take my word for it," said Obama. "Just today, an independent, non-partisan organization ran all the numbers on Governor Romney’s plan. This wasn’t my staff. This wasn’t something we did. Independent group, ran the numbers."

The president is right, sort of. The study was not written by an Obama staffer. It was written by a former Obama staffer--and a close ally.

The study, titled “On The Distributional Effects Of Base-Broadening Income Tax Reform,” was written by Samuel Brown, William Gale, and Adam Looney. Adam Looney was the senior economist for public finance and tax policy with the President’s Council of Economic Advisers and has been an economist at the Federal Reserve Board. -Yep, sounds independent and unbiased to me....not

Live Long and Prosper...

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