Obama's First Ad Riddled with Falsehoods

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Politifact: “We Rate Obama's ‘Revolving Door’ Policy For Former Lobbyists His Biggest Broken Promise.” (Angie Drobnic Holan, “Not So Fast On Obama Revolving Door Policy,” Politifact, 1/23/09)

Solyndra, Obama’s Poster-Child For “American Ingenuity And Dynamism,” Declared Bankruptcy. “The California-based Solyndra, which employed more than 1,000 people, declared bankruptcy earlier this month. President Obama visited the company in May of 2010, saying it was a prime example of ‘American ingenuity and dynamism.’” (Alexander Mooney, “White House Beats Back Claim It Pressured Loan To Now-Bankrupt Company.” CNN,9/14/11)

Obama did not create 2.7 million green jobs: “The clean economy, which employs some 2.7 million workers, encompasses a significant number of jobs in establishments spread across a diverse group of industries. Though modest in size, the clean economy employs more workers than the fossil fuel industry and bulks larger than bioscience but remains smaller than the IT-producing sectors. Most clean economy jobs reside in mature segments that cover a wide swath of activities including manufacturing and the provision of public services such as wastewater and mass transit.” (Mark Muro, “Sizing The Clean Economy: A National And Regional Jobs Assessment,” The Brookings Institution, 7/13/11)

“While Bush was in office from 2001 to 2009, the oil and gas industry saw many new leases and other expanded drilling opportunities. In March 2010, Obama announced plans to expand offshore drilling, but he retreated in the aftermath of the BP oil spill. According to EIA’s short-term 2011 outlook, released last week, oil production was significantly higher in 2009 than in the years prior. Obama may have been in office for most of that year, but the oil production numbers are due to action taken before he became president. In 2010, most if not all of the production increase recorded is likely due to action that predates Obama, since Obama didn’t take any major action expanding offshore drilling his first year in office.”(Amy Harder, “Obama’s Fuzzy Oil Production Math,” National Journal, 3/17/11)