Kimberly Amadeo, “US economy expert” (HAHAHAHA) at about.com

This crazy lady is a right wing extremist, helping to push lies about the economy.

In a recent article she wrote for about.com, she discusses the causes of the current deficit, and first on her list is obama’s stimulus which has been over for 3 years, lol.

In an article comparing bush’s debt to obama’s debt, she blames obama for debt from bush policies, lol

In another article, she randomly starts adding costs to the deficits, doubling the cost of the stimulus.  for no reason, lol.

She tries to say “both obama and bush ran up record deficits”, when in reality bush was given a surplus and turned that into a 1.2 trillion deficit.
Obama took GWB’s 1.2 trillion deficit and CUT IT IN HALF.
In other words, NO, obama didn’t run up record deficits.

She tries to claim FY2010  was the biggest deficit in history.
In reality, FY2009 was bigger.
She also gets the amount wrong.

This same batshit nutty chick helped to push the lie that Fannie and Freddie were behind the housing crisis.

 

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>