Rep. Ryan's Misinformation Tour De Force

June 14, 2011 11:13 am ET — Kate Conway

Rep. Paul Ryan

In an op-ed on FoxNews.com titled "Obama's Economic Experiment Has Failed - Time to Get Back to What Works," Budget Committee Chairman Paul Ryan (R-WI) put forward a slew of mischaracterizations and outright falsehoods to attack President Obama's economic record.

Ignoring that Obama inherited the worst recession since the Great Depression — and that his Recovery Act helped prevent an even greater economic downturn — Ryan asserted that the Recovery Act has "failed to create jobs." To this end, Ryan also deceptively cited lackluster May jobs numbers and a report that preceded Obama's inauguration.

Ryan also attacked the president's signature policies, including financial and health care reform, baselessly asserting that they didn't fix "the problems they were intended to address." He touted his own plan to 'save Medicare' (even though the GOP budget plan would dismantle the Medicare system) and falsely claimed that President Obama doesn't have any plan to address the program.

He threw around meaningless catch words like "uncertainty" to attack Obama's tax policy, and misleadingly stated that the U.S.'s corporate tax rate is the highest in the developed world, when in fact the effective tax rate is lower than many other developed countries. And despite the numerous tax cuts Obama and Democrats passed over Republican objections, Ryan attacked the president for tax hikes on job creators.

To read our full fact check, click HERE.

Print