Obama never lets the facts get in the way, especially as he jumps on the deficit fear mongering bandwagon.

More and more in every way, Obama acts like a Republican not a Democratic president.

In the midst of a massive unemployment crisis, he fobbed off leadership responsibilities to effectively correct the damage to regular Americans in this jobless crisis to a Wussacratic Congress so he could focus on a deficit commission which he created by executive order. 

Obama appointed as co-chairs, former senator, Alan Simpson (R-WY) who attempted in the 1990's to slash Social Security benefits by pegging increases below the rate of inflation; and former Clinton chief of state, Ersking Bowles, described as corporate America's friend in the White House.

Obviously, this corporate controlled administration has become a part of the problem: "deficit scaremongering that is undermining economic recovery."

Obama and his crew have bought into the deficit hawks fear mongering (or were part of it all along).

The Center for Economic and Policy Research has issued a report that "corrects many of the misperceptions about the deficit that have brought the issue to the center of national debate."

"One such example cited in the report is that the worsening of both the short- and long-term deficit picture was driven not by a spendthrift Congress, but almost entirely by the economic crisis brought on by the collapse of the housing bubble. The small portion of the budget deterioration driven by legislative actions was primarily the result of increased defense spending associated with the wars in Afghanistan and Iraq. As well, the study demonstrates that the true long-term deficit problem is skyrocketing health care costs and any meaningful attempt to deal with deficits would start with reining in health care.

"The study also refutes the notion that the budget deficit is the source of concern over the threat of foreign government ownership of U.S. debt. If budget hawks were truly worried over the prospect of foreign ownership of debt, they would focus on the trade defict. Given that the trade deficit is driven by a high dollar, this should be a focus of their attention, but the people raising this concern almost never discuss the over-valued dollar.

"These misrepresentations and others are more than diversionary arguments of no consequence. In a time when cogent, effective policies are needed to address the suffering stemming from the economic downturn, the tactics of the defict hawks distract the public and policy makers from the policies necessary to bring the economy back to full employment."