How do you balance the federal government's budget? In his speech to the Democrat National Convention, Bill Clinton said you use math. At least that's how he said he did it, and then he explained the math of Obamacare and Medicare. So how are the ex-president's math skills? They're not so good. If he had a balanced budget for the last three years of his presidency, then why did the national debt increase by over $ 100 billion? That doesn't sound balanced to me.
His math is just as bad at explaining how taking $716 billion from Medicare and increasing Medicare spending extends the life of the program by 8 years. Executives at Enron went to jail for doing just that. Obamacare cuts Medicare, takes hundreds of billions of dollars from it and then tries to make up for it by partially closing the prescription donut hole. To be fair, Clinton did say that. He used different words and drew some outlandish conclusions, but he did say it.
His fuzzy math didn't stop. He mentioned the oft quoted 4.5 million jobs created, but failed to mention that there are fewer Americans working now than when Obama took office. Nearly all the numbers Clinton used were twisted to his advantage.
What we need is a president who has experience working with real numbers and has had to take responsibility for the numbers. Mitt Romney has that experience. He knows what it is like to take a financially troubled institution and turn it around. He has done it in the private sector and in government. That is the kind of leadership we need in the White House.
Submitted by Virtual Newsroom