Another Obama Campaign Lie Exposed by Thomas Sowell

We have become numb. No, we have come to expect that whatever information that spews forth from the current administration has been twisted into a convoluted menagerie of information void of truth purposely mangled together to mislead the non-thinking masses. The sad thing is, is that it works! It works on a certain segment of society not given to fact checking and on those especially eager to hate achievers.

The Obama propaganda machine seems to keep churning out more chum to feed a false frenzy.

Thomas Sowell, a man given to facts does a great job exposing the extent to which the Obama’s team will intentionally hide truth.

Perhaps the biggest lie of this election year, and the one likely to be repeated the most often, is that the income of “the rich” is going up, while other people’s incomes are going down. If you listen to Barack Obama, you are bound to hear this lie repeatedly.

But the government’s own Congressional Budget Office has just published a report whose statistics flatly contradict this claim. The CBO report shows that, while the average household income fell 12 percent between 2007 and 2009, the average for the lower four-fifths fell by 5 percent or less, while the average income for households in the top fifth fell 18 percent. For households in the “top one percent” that seems to fascinate so many people, income fell by 36 percent in those same years.

Why are these data so different from other data that are widely cited, showing the top brackets improving their positions more so than anyone else?

Read more at townhall.com

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