Republican Presidential Candidates Offer America More Voodoo Economics and No Solutions

Republican Presidential Candidates Offer America More Voodoo Economics and No Solutions

Key proposals from the Republican presidential candidates might make for good campaign fodder. But independent analyses raise serious questions about those plans and their ability to cure the nation's ills in two vital areas, the economy and housing.

Consider proposed cuts in taxes and regulation, which nearly every GOP candidate is pushing in the name of creating jobs. The initiatives seem to ignore surveys in which employers cite far bigger impediments to increased hiring, chiefly slack consumer demand.

"Republicans favor tax cuts for the wealthy and corporations, but these had no stimulative effect during the George W. Bush administration, and there is no reason to believe that more of them will have any today," writes Bruce Bartlett. He's an economist who worked for Republican congressmen and in the administrations of Presidents Ronald Reagan and George H.W. Bush.

As for the idea that cutting regulations will lead to significant job growth, Bartlett said in an interview, "It's just nonsense. It's just made up."

Government and industry studies support his view.

The Bureau of Labor Statistics, which tracks companies' reasons for large layoffs, found that 1,119 layoffs were attributed to government regulations in the first half of this year, while 144,746 were attributed to poor "business demand."
Mainstream economic theory says governments can spur demand, at least somewhat, through stimulus spending. The Republican candidates, however, have labeled President Barack Obama's 2009 stimulus efforts a failure. Instead, most are calling for tax cuts that would primarily benefit high-income people, who are seen as the likeliest job creators.

"I don't care about that," Texas Gov. Rick Perry told The New York Times and CNBC, referring to tax breaks for the rich. "What I care about is them having the dollars to invest in their companies."

Many existing businesses, however, have plenty of unspent cash. The 500 companies that comprise the S&P index have about $800 billion in cash and cash equivalents, the most ever, according to the research firm Birinyi Associates.

The rating firm Moody's says the roughly 1,600 companies it monitors had $1.2 trillion in cash at the end of 2010. That's 11 percent more than a year earlier.

Small businesses rate "poor sales" as their biggest problem, with government regulations ranking second, according to a survey by the National Federation of Independent Businesses. Of the small businesses saying this is not a good time to expand, half cited the poor economy as the chief reason. Thirteen percent named the "political climate."

More small businesses complained about regulation during the administrations of Bill Clinton and George H.W. Bush, according to an analysis of the federation's data by the liberal Economic Policy Institute.

Such findings notwithstanding, further cuts in taxes and regulations remain popular with GOP voters. A recent Associated Press-GfK poll found that most Democrats and about half of independents think "reducing environmental and other regulations on business" would do little or nothing to create jobs. But only one-third of Republicans felt that way.

The GOP's presidential hopefuls are shaping their economic agendas along those lines.

Former Massachusetts Gov. Mitt Romney says his 59-point plan "seeks to reduce taxes, spending, regulation and government programs."

Businessman Herman Cain would significantly cut taxes for the wealthy with his 9 percent flat tax plan. Rep. Michele Bachmann of Minnesota said in a recent debate, "It's the regulatory burden that costs us $1.8 trillion every year. ... It's jobs that are lost."

The candidates have said little about another national problem: depressed home prices, as well as the high numbers of foreclosures and borrowers who owe more than their houses are worth.

After the Oct. 18 GOP debate in Las Vegas, a center of foreclosure activity, editors of the AOL Real Estate site wrote, "We didn't hear any meaningful solutions to the housing crisis. That's no surprise, considering that housing has so far been a ghost issue in the campaign."

To the degree the candidates addressed housing, they mainly took a hands-off approach. "We need to get government out of the way," Cain said. "It starts with making sure that we can boost this economy and then reform Dodd-Frank," which is a law that regulates Wall Street transactions.

Bachmann, in an answer that mentioned "moms" six times, said foreclosures fall most heavily on women who are "losing their nest for their children and for their family." She said Obama "has failed you on this issue of housing and foreclosures. I will not fail you on this issue." Bachmann offered no specific remedies.

Romney told editors of the Las Vegas Review-Journal: "Don't try and stop the foreclosure process. Let it run its course and hit the bottom. Allow investors to buy homes, put renters in them, fix the homes up and let it turn around and come back up."

Perry spokesman Mark Miner said the Texas governor's "immediate remedy for housing is to get America working again. ... Creating jobs will address the housing concerns that are impacting communities throughout America."

Bartlett, whose books on tax policy include "The Benefit and the Burden," recently wrote in the New York Times: "People are increasingly concerned about unemployment, but Republicans have nothing to offer them."

The candidates and their supporters dispute this, of course. A series of scheduled debates may give them chances to explain why their proposals would hit the right targets.


A recent study published by Bloomberg shows that the elitist conservative presidential candidates are either out of touch with reality or are lying to the American people about business regulation. Obama Wrote 5% Fewer Rules Than Bush

President Barack Obama’s “tsunami” of new government regulations looks more like a summer swell.

Obama’s White House has approved fewer regulations than his predecessor George W. Bush at this same point in their tenures, and the estimated costs of those rules haven’t reached the annual peak set in fiscal 1992 under Bush’s father, according to government data reviewed by Bloomberg News.

The average annual cost to businesses under Obama is higher than under his predecessors, the Bloomberg review shows. The increase is estimated to total as little as $100 million or as much as $4.1 billion, or at most three one-hundredths of a percent of the total economy.

The scope of government regulation has emerged as a major issue in the 2012 presidential race and on Capitol Hill. Republican presidential candidates have accused Obama of stifling job creation by imposing rules on businesses, and House Republicans have vowed to rein in proposed regulations on everything from the environment to health care to banking.

“This is getting picked up and talked about, but not for any good reason,” Michael Livermore, executive director of the Institute for Policy Integrity at the New York University School of Law, said in an interview. “There’s nothing new about this attack: It comes and goes in good times and in bad.”

How Obama Compares

Obama’s White House approved 613 federal rules during the first 33 months of his term, 4.7 percent fewer than the 643 cleared by President George W. Bush’s administration in the same time frame, according to an Office of Management and Budget statistical database reviewed by Bloomberg.

The number of significant federal rules, defined as those costing more than $100 million, has gone up under Obama, with 129 approved so far, compared with 90 for Bush, 115 for President Bill Clinton and 127 for the first President Bush over the same period in their first terms. In part that’s because $100 million in past years was worth more than it is now due to inflation, Livermore said.

Anti-American Zealot Rep. Allen West(R) Exploits Martin Luther King Jr to Justify His Elitist Agenda

Anti-American Zealot Rep. Allen West(R) Exploits Martin Luther King Jr to Justify His Elitist Agenda

At the dedication of the national Dr. Martin Luther King Jr. memorial last Sunday, the Rev. Bernice King said her father Dr. King would support the 99 Percent Movement: “I hear my father saying what we are seeing now all across the streets of America and the world is a freedom explosion.” She reminded the nation that civil rights leader worked not just for racial justice, but for economic justice as well. “We should never adjust to the one percent controlling more than 40 percent of the wealth,” she said.

Florida Rep. Allen West (R), however, was “born and raised” in the same town that Dr. King grew up in. Therefore, he asserted as a fact today in a Newsmax interview that “Martin Luther King, Jr. would not back these types of protesters”:

    WEST: I was born and raised in the same town that Martin Luther King, Jr. grew up in. Martin Luther King, Jr. would not have backed these type of protesters. First of all, Martin Luther King, Jr. had a focus, he had a message. He was divinely inspired. I don’t know what the inspiration is for these individuals.



Unfortunately for West, geographical proximity clearly did not provide West any insight into the man himself. Like the 99 percent movement, King consistently called for economic justice. He critiqued unregulated free marketism as a system that permits “necessities to be taken from the many to give luxuries to the few.” He envisioned a “Poor People’s Campaign” in which a multiracial coalition would march through the capital to “demand that President Lyndon Johnson and Congress help the poor get jobs, health care, and decent homes.”

King was assassinated just weeks before the march on May 12, 1968. Rev. Ralph Abernathy carried his legacy to DC, stating, “We come with an appeal to open the doors of America to the almost 50 million Americans who have not been given a fair share of American’s wealth and opportunity, and we will stay until we get it.” This, incidentally, is what the 99 Percent Movement is about.

This, however, is also what West sees as “contradictory to the foundational principles and values that we have in the United States.” If West grew up anywhere near Dr. King and his legacy, he has now turned his back on him.

Many Americans may know West as the man who terrorized a bound unarmed man in Iraq. He was kicked out of the military for his cowardly behavior. Unlike what West would have done, the military took pity on him and gave him his tax payer funded military pension. Now West is in Congress ( once again making a living off the government he says he hates) West is doing his best to stop President Obama from creating jobs, while also fighting for even more tax cuts for millionaires. West doesn't seem to have a genuine patriotic bone in his body, no wonder right-wing conservatives love him.

Private Wall Street Companies Caused The Financial Crisis — Not Fannie Mae, Freddie Mac Or The Community Reinvestment Act

Is Herman Cain an Anti-American Snake-oil Salesman

Is Herman Cain a Delusional Anti-American Nutbag

“9-9-9 will pass, and it is not the price of pizza because, it has been well-studied and well-developed… The problem with that analysis [that it will not raise enough revenue] is that it is incorrect. The reason it's incorrect is because they start with assumptions that we don't make. Remember, 9- 9-9 plan throws out the current tax code. ... Now, what 9-9-9 does, it expands the base. When you expand the base, we can arrive at the lowest possible rate, which is 9-9-9.” — Herman Cain, Washington Post-Bloomberg debate, October 11, 2011

 A family of four making $50,000 a year “are still going to have some money left over.”— Cain, on MSNBC, October 12, 2011

It almost sounds like something out of the movie “Dave,” in which the accidental president enlists his accountant friend, Murray Blum, to help him figure out the federal budget.

 During Tuesday’s Washington Post-Bloomberg debate, Herman Cain, the former chief executive of Godfather’s Pizza, named Rich Lowrie of Cleveland as “my lead economist” who helped develop Cain’s signature “9-9-9” plan for overhauling the federal tax system. “He is an economist, and he has worked in the business of wealth creation most of his career,” Cain said.

 Actually, according to Lowrie’s Linked-In profile, he has a bachelor’s degree in accountancy from Case Western Reserve University, not economics. Lowrie, in an e-mail, said he did not consider himself an economist, just “senior economic advisor” to the Cain campaign. Donor information maintained by Opensecrets.org shows he has donated $1,500 to Cain in 2010 and 2011, but also contributed $2,300 to Mitt Romney in his first run for the presidency in 2007.

Okay, so Cain may have exaggerated the qualifications of his economic guru. But he has forcefully defended his ‘9-9-9’ plan, both during Tuesday night’s debate and on MSNBC’s “Daily Rundown” on Wednesday. Many readers have asked us to examine the plan and explain it, so let’s take it for a test drive.


The Facts

 The “9-9-9” label is actually a bit of misnomer. Cain would toss out much of the current federal tax code and replace it, eventually and only temporarily, with three taxes — a 9 percent income tax, a 9 percent business transactions tax and a 9 percent federal sales tax. On paper, the first two look like cuts, because payroll taxes for Social Security and Medicare (now nearly 15 percent, including corporate contributions) would be repealed. The sales tax would be new, on top of existing state sales taxes. 

 But note that we said the “9-9-9” would happen eventually — and then only temporarily. That’s because it is only the second step of a planned three-step process. The first step would cut individual and corporate tax rates to a top 25 percent rate (down from a current high of 35 percent). Then the final step would replace all of the taxes — even the 9s — with a national sales tax, known by proponents as a “Fair Tax.”

 (As denizens of Washington, we find this three-step process to be highly dubious. It takes years, even decades, to fundamentally overhaul the tax code. Herman Cain is going to do this three times in his presidency? But we digress.)

 Much attention has focused on whether Cain’s plan, in its 9-9-9 stage, would raise as much revenue as the current tax system. Bloomberg News had calculated it would collect about $2 trillion, thus falling short by about $200 billion a year. But Lowrie sent Bloomberg an analysis on Wednesday that asserted “9-9-9” would actually collect slightly more — $2.3 trillion.

 We think the revenue question is beside the point. Anyone can turn the dials in their computer models to generate the assumptions they want.

Michael Linden of the left-leaning Center for American Progress, for instance, estimates the plan would generate just $1.3 trillion. The biggest difference between the two estimates is that Linden thinks the 9 percent business tax would yield $112 billion a year, and Cain says he would get $862 billion — a gap that simply demonstrates how a few different assumptions can generate extremely different results. (Linden on Thursday updated his analysis, saying he had underestimated how much revenue the business tax would raise.)

 Cain’s proposal is so radical that it makes more sense to examine the potential impact on taxpayers. A key part of Cain’s pitch for the plan during the debate was this: “When you expand the base, we can arrive at the lowest possible rate, which is 9-9-9.”

“Expand the base” really means that more taxpayers will pay taxes under his plan.

Right now, nearly half of taxpayers don’t pay income taxes, but they do pay their share of payroll taxes, which amounts to 7.65 percent of wage income (though much of it is capped at $107,000). Cain would also eliminate the earned-income tax credit, which is intended to lift working Americans out of poverty. Many of these workers currently receive tax refunds.

On top of that, Cain would introduce the new sales tax, which would affect lower and moderate-income people who spend most of their income on purchases, not savings and investments. Depending on how you do the math, people now paying zero or negative taxes might be faced with a 27 percent tax on income.

In other words, while on paper Cain is promising a tax cut, in reality tens of millions of lower-income Americans would face tax increases. People in high tax brackets — 28 percent and higher — would likely see big tax cuts. (As part of his plan, Cain would also eliminate estate taxes and capital gains taxes, which, again, mostly affect higher-income people with stock and real estate investments.)

There have been several interesting analyses done on the “9-9-9” plan. Edward D. Kleinbard of the University of Southern California School of Law identifies several unusual quirks, including a “disguised one-time 9 percent tax on existing wealth — no doubt much to the surprise of Mr. Cain and his followers.” Kleinbard, former chief of staff of the nonpartisan Joint Committee on Taxation, says that “contrary to casual impressions, the Plan could be expected to raise substantial amounts of revenue, but does so largely by skewing downwards the distribution of tax burdens when compared to current law.”

Bruce Bartlett, a former Reagan administration official who now calls himself an independent, also offered a critical examination this week on the New York Times Economix blog. He (as did Kleinbard) noted that the business tax allows for no deduction for wages, which he said  “is likely to raise the cost of employing workers, even with abolition of the employers’ share of the payroll tax.”

In other words the working poor - generally people making under $9 an hour would have a huge increase in their federal tax rate. People making over $100k a year would get a huge tax break on their investment income - thus yet another tax break for the well off. Though those people would also lose individual deductions which may have ultimately made their federal taxes lower. Cain will not and cannot give many details because he has never had the plan submitted to a team of independent tax experts to see the effects. Almost 51% of Americans would pay more in federal taxes - those living just below the median, while the wealthy would get even wealthier. As we have all seen the past twenty years wealthy people do not take their extra wealth and create jobs they just bank the money or get more free money from their capital gains. Cain is just bamboozling America with a slightly newer version of voodoo trickle down economics. The kind of economics that are partly responsible for our current economic problems. Herman Cain is just another crazy conservative nutbar who likes to hear the sound of his own delusional and arrogation voice. His supporters are just rubes who want to get through life not paying their fair share for the cost of infrastructure that makes a healthy economy possible.

If Conservatives Love America How Come They Keep Butchering Our History

If Conservatives Love America How Come They Keep Butchering Our History

The mortgage crisis began in 2006 and it’s all President Obama’s fault—at least according to Fox News host Sean Hannity. Hannity recently blamed [1] Obama—“his policies, his economic plan, his fault”—for the mortgage crisis, ignoring who was actually president (that would be George W. Bush) as the housing market slipped [2].

Hannity’s is just one example of the selective memory and historical revision frequently on display in the conservative movement. Right-wing pundits, politicians and pseudo-historians are nibbling away at objective historical truths to rewrite history for present-day purposes, and hardly any topic is off-limits: glorifying the “Reagan Revolution” to children, sugarcoating the Jim Crow South and revising textbooks to offer a favorable view on Phyllis Schlafly—among many others.

Below, read about eight ways in which conservatives try to rewrite, sugarcoat or ignore aspects of American history.

1. Michele Bachmann on the founding fathers and slavery. Propelled to the front of the Republican field after her victory in the Iowa straw poll, Minnesota Representative Michele Bachmann’s historical views are notoriously error-prone. In one her infamous gaffes, she said [3] the founding fathers “work[ed] tirelessly to end slavery” (in fact, George Washington, James Madison and Thomas Jefferson owned slaves) and that John Quincy Adams [4] was a founding father—he was born in 1767.

Bachmann was a research assistant to John Eidsmoe for his 1987 book Christianity and the Constitution: The Faith of our Founding Fathers, in which Eidsmoe wrote, “The church and the state have separate spheres of authority, but both derive authority from God. In that sense America, like [Old Testament] Israel, is a theocracy.” And at a conference [5], Eidsmoe outlined his belief in church/state separation: “The church’s responsibility is to teach biblical principles of government and to drive sinners to the cross.... The function of the state is to follow those godly principles and preserve a system of order.” Bachmann has praised [6] Eidsmoe as “absolutely brilliant. He taught me about so many aspects about our godly heritage.”

2. Secession was fine, dandy and legal. Texas Governor and Republican presidential hopeful Rick Perry is fond of pro-secession comments [7]; in 2009, he joked [8] that “we can leave anytime we want. So we’re kind of thinking about that again.”

In his dreams. In fact, these attempts at humor sidestep what secession actually leads to: a nullification crisis, a Civil War, hundreds of thousands of casualties and the federal government as the victor anyway. And secession is illegal. In 1866 the Supreme Court ruled in Texas v. White [9] that Texas’s ordinance of secession was “absolutely null.”

Perry isn’t the only Republican to make such comments. Congressman Zach Wamp alluded [10] to secession and Georgia’s Senate passed [11] a secession-related bill in 2009.

3. Forgetting September 11? Conservatives have an uncanny ability to misremember when the September 11 attacks occurred. In July, Fox News [12] host Eric Bolling said “we were certainly safe between 2000 and 2008?—?I don’t remember any terrorist attacks on American soil during that period of time.” (In his “apology [13],” he accepted no blame: “Yesterday, I misspoke when saying that there were no US terror attacks during the Bush years. Obviously, I meant in the aftermath of 9/11, but that is when the radical liberal left pounced on us…. thank you liberals for reminding me how petty you can be.”)

A surprising slip came from ex–New York City Mayor Rudy Giuliani. In January 2010 he claimed [14] that “we had no domestic attacks under Bush.” In December 2009 Mary Matalin [15] made the outrageous claim that Bush inherited the attacks from Bill Clinton. In November 2009 Bush’s ex–Press Secretary Dana Perino [16] said “we did not have a terrorist attack on our country during President Bush’s term.”

4. Mike Huckabee’s “Learn Our History.” Mike Huckabee’s cartoon history series is whitewashing American history. While claiming to engage children in an easy-to-digest format without “misrepresentations…historical inaccuracies, personal biases and political correctness,” personal biases somehow make an appearance [17]. Each video is produced with consultation from Learn Our History’s “Council of Masters;” one “Master,” Larry Schweikart, is the author of 48 Liberal Lies About American History, including “Lie #45: LBJ’s Great Society Had a Positive Impact on the Poor.”

In a DVD [18] on the “Reagan Revolution,” viewers are invited to “journey to a time when America suffered from financial, international and moral crisis:” Washington, DC, 1977. A knife-wielding African-American man demands “gimme yo’ money!” Ronald Reagan’s arrival—against triumphant music playing and a caption reading “one man transformed the nation…and the world”—changed all that for the better, the DVD suggests.

5. The New Deal did harm. Anti–New Deal views have long reverberated among Republicans. Bachmann [19] blamed FDR for turning a recession into a depression by passing “Hoot-Smalley Tariff” (never mind that it’s Smoot-Hawley and it was passed three years prior to Roosevelt’s inauguration). And a barrage of recent books, including FDR’s Folly, by Jim Powell of the Cato Institute, and Amity Shlaes’s The Forgotten Man, blame FDR and the New Deal for prolonging the Depression. Newt Gingrich has praised [20] The Forgotten Man, with its anti-stimulus message, as a blueprint for a return to “Whig-style free-market liberalism.”

Conservatives do not love America. Like ultra nationalist movements throughout history they love something pure that exists only in their imagination and made up history. This is not how mature adults love their country. Adults love their country acknowledging the warts, the wrong turns and try not to repeat the mistakes of the past. With their love of the treasonous Confederacy one can see that history's lessons are wasted on conservatives.  More examples at the link.

Has Republican Conservatism Become a Cult

Has American-Style Conservatism Become a Religion?

As the American right lurches from traditional conservatism – a go-slow approach to governing that stresses the importance of continuity and social stability – to a far more reactionary brand typified by acolytes of Ayn Rand and Tea Party extremists waving misspelled signs decrying Democrats' "socialism," the time has come to ask whether modern “backlash” conservatism has become a religious faith rather than a pedestrian political ideology.

Ideology is grounded in the real world. It offers us a philosophical lens through which we can efficiently process what's happening in the world around us. Religion is different. It's a fixed belief system, based on faith, and it is immune to – or at least highly resistant to – challenges mounted by objective reality. Which better describes the belief system of a typical Rush Limbaugh fan or Tea Party activist?

Like religious faiths, the hard-right reveres an original text – the Constitution – and, like all religious fundamentalists, conservatives claim to adhere to a literalist interpretation of it while actually picking and choosing from among its tenets. Just as the vast majority of Christian fundamentalists don't actually stone their daughters to death when they're obnoxious to their fathers, the Tea Partiers conveniently ignore more or less the entirety of Article 3. Also like other fundamentalist sects, most conservatives actually have a poor understanding of what the text they revere actually means.

Like the Manicheans – adherents of one of the world's great religions at one point in history – they tend to see a world defined by a conflict between the forces of light and darkness. The forces of good are decent, conservative, "real" Americans – mostly white, married Christians, but with exceptions made for others who keep the faith. They stand opposed to a wide array of diabolical figures: liberals, gays and lesbians, Muslims, Mexicans, socialists and other foreigners, especially the French.

And like adherents of other religious faiths, they hold a special enmity for apostates. When stalwart conservatives like David Frum started talking about “epistemic closure” – “conservatives’ tendency to operate in an information bubble” – they were pilloried by their fellow travelers, accused of the worst offense: liberal heresy. Not only are moderate conservatives like Kathleen Parker or Christine Todd Whitman ripe targets, but so are red-meat Republicans who stray from the party line to any degree. Even people like former Utah Senator Bob Bennett can be painted as RINOS (Republicans in name only) if they stray from church doctrine even slightly.

Backlash conservatives also have their prophets and their saints. Just listen to Republicans talking about the Founders – a groups of liberals, moderates and conservatives of their day who agreed on very little but are assumed by the flock to have been staunch right-wingers. The faithful conveniently ignore the real-world foibles of their Holy Men. Yes, Ronald Reagan offered amnesty to undocumented immigrants, raised taxes 11 times and ran roughshod over the separation of powers enshrined in the Constitution, but to the believers, he remains as pure as the Virgin Mary is to Catholics. (Reagan would be polling right there at the bottom with Jon Huntsman if he were running for the GOP nomination today.)

Perhaps the easiest parallel to draw between conservatism and religion is the right's vilification of climate scientists, 98 percent of whom agree that human activities are changing our world with dangerous consequences. The attacks are reminiscent of the Catholic Church's running battle with “Copernicans” who believed that the Earth revolved around the sun; a theory that flew in the face of church doctrine. In that sense, Michael Mann of “climate-gate” fame is like a modern Galileo (only Mann has been completely vindicated while Galileo was handed over for trial by the Roman Inquisition and lived out the rest of his life under house arrest).

Conservatives certainly claim they represent literal interpretation of the Constitution and the Bible, but in reality they actually pick and choose. Goodness knows they seem to completely ignore Jesus Sermon on the Mount. For even a peculiar brand of Christianity it is odd how much they love the blood, guts, violence and revenge of the Old Testament. When it comes to the Constitution they also pick what they like   - free speech for them and no one else. Freedom of religion for them and no one else.

Tim Pawlenty is the Perfect Republican Candidate for President

Tim Pawlenty is the Perfect Republican Candidate for President

"Truth" was Minnesota Gov. Tim Pawlenty's buzzword Monday when he announced his campaign for the Republican presidential nomination. He said he will tell the truth about hard choices facing the nation while others — President Barack Obama notably among them — do not.

A parsing of Pawlenty's opening-day statements shows they were not the whole truth.

Here is a sampling of his claims Monday and how they compare with the facts.

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PAWLENTY: "The truth is, people getting paid by the taxpayers shouldn't get a better deal than the taxpayers themselves. That means freezing federal salaries, transitioning federal employee benefits, and downsizing the federal work force as it retires." — Campaign announcement.

THE FACTS: A federal pay freeze is already in effect. Obama proposed and Congress approved a two-year freeze on the pay of federal employees, exempting the armed forces, Congress and federal courts.

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PAWLENTY: "ObamaCare is unconstitutional." — USA Today column.

THE FACTS: Obama's health care overhaul might be unconstitutional in Pawlenty's opinion, but it is not in fact unless the Supreme Court says so. Lower court rulings have been split.

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PAWLENTY: "Barack Obama has consistently stood for higher taxes." — Campaign announcement.

THE FACTS: Obama's record shows more tax cutting than tax raising. The stimulus plan early in his presidency cut taxes broadly for the middle class and business, and more recently he won a substantial cut in Social Security taxes for a year. He also campaigned in support of extending the Bush-era tax cuts for all except the wealthy, whose taxes he wanted to raise. In office, he accepted a deal from Republicans extending the tax cuts for all. As for tax increases, Obama won congressional approval to raise them on tobacco and tanning salons. The penalty for those who don't buy health insurance, once coverage is mandatory, is a form of taxation.

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PAWLENTY: "For decades before I was elected, governors tried and failed to get Minnesota out of the top 10 highest-taxed states in the country. I actually did it." — Campaign announcement.

THE FACTS: Minnesota remains among the 10 worst states in its overall tax climate, according to the Tax Foundation. In its 2011 State Business Tax Climate Index, the anti-tax organization ranks Minnesota 43rd, making it the eighth worst state. The ranking slipped from 41st two years earlier. The index considers corporate, individual, sales, unemployment insurance and property taxes.

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PAWLENTY: "I stood up to the teachers unions and established one of the first statewide performance pay systems in the country." — Campaign announcement.

THE FACTS: The system may be statewide, but it is voluntary and most school districts have not joined. Out of the 340 school districts and charter schools in the state, with 830,000 students, 104 districts and charter schools serving 254,592 students are currently enrolled in the performance-pay program.

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PAWLENTY: "There's only four governors in the country that got an A grade from the tough-grading Cato Institute for fiscal management. I was one of them." — ABC's "Good Morning America."

THE FACTS: Cato may be a tough grader, but it is hardly objective. The institute holds staunch libertarian views, including a passion for smaller government, and graded governors in 2010 according to their success in cutting taxes and spending. Pawlenty tied for third with Democratic Gov. Joe Manchin of West Virginia, behind South Carolina Gov. Mark Sanford and Louisiana Gov. Bobby Jindal, both Republicans.

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PAWLENTY: "I could stand here and tell you that we can solve America's debt crisis and fix our economy without making any tough choices. But we've heard those kinds of empty promises before."

THE FACTS: Although politicians typically talk about the need for hard choices, Pawlenty actually does name several. He proposes to phase out ethanol and corporate subsidies, raise the Social Security retirement age for young workers and restrain cost of living increases for Social Security recipients who are wealthy.

Americans who liked George W. Bush, Governor Scott Walker of Wisconsin and the most corrupt unpopular governor in the nation, Florida's Rick Scott, should love Pawlenty. Pawlenty is a serial liar, hates rights for workers, wants to cut education but give hugely profitable corporations yet more tax cuts, believes in Bush's supply-side economics, believes in cutting the kind of regulation that will protect America from another meltdown, has repeated every lie there is about Iraq and WMD. In other words Pawlenty is so high on the anti-American right-wing kool-aid it will be like its 2007 all over again.