Posted by: mulrickillion | February 26, 2012

Not Intended To Be a Factual Statement

Posted by SoWellRead, Feb 22, 2012 —

In April 2011, after falsely claiming on the Senate floor that abortion accounts for “well over 90% of what Planned Parenthood does” (it’s more like 3%), Arizona Sen. Jon Kyl explained that his remark “was not intended to be a factual statement.” The ridiculousness of the phrase attracted late-night talk show hosts and exploded on Twitter. Nearly a year later, politicians and pundits continue to make statements that one can only assume are not intended to be factual. Read on for a handful of the latest.

*****

Mitt Romney takes the cake for the most factually challenged statement of the day. In tonight’s Republican debate on CNN, Romney responded to a question about reining in spending:

I’m a guy who has lived in the world of business. If you don’t balance your budget in business, you go out of business.

The business Mitt Romney was in was private equity. Bain Capital specialized in leveraged buyouts, described by the Wall Street Journal as “acquiring control of businesses by using investors’ money amplified by debt.” Or as Newt Gingrich more colorfully put it, “the Bain model is to go in at a very low price, borrow an immense amount of money, pay Bain a great deal of money and leave.”

If Romney’s “world of business” were a country, it would apparently be one saddled by some serious national debt — and it certainly wouldn’t run a balanced budget. So much for “cap, cut and balance.” Deficit spending: it’s only bad when Democrats do it. . . .

Not Intended To Be a Factual Statement « . . . So Well Read. . .

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