Paul Ryan's speech contained many exaggerations and outright lies.
1. Ryan accuses Obama of closing down the GM plant in his home town.
The Truth:
The GM plant closure was announced in June of 2008, when George W. Bush was president. Barack Obama took office in January 2009.
2. Ryan Claims Taxpayers Got Nothing Out of the Stimulus.
The Truth:
The stimulus added 3.3 million jobs, cut unemployment by 1.8%, and grew GDP by 4.1%. Nothing is what the country got when Ryan and his fellow Republican obstructed the American Jobs Act.
3. Ryan Accused Obama of Putting the Federal Government in Charge of Health care.
The Truth: What would a Republican gathering be without a hat tip to the ugly step child of death panels? Obamacare doesn’t federalize health care. In fact, it does the opposite.
As
FactCheck.org pointed out, “The health care law does set new minimum benefits packages, but that’s more a matter of coming between patients and their insurance companies, rather than patients and their doctors…he health care law doesn’t come close to establishing a government-run system like those of Britain or Canada.
4. Ryan Blames Obama for The Nation’s Downgraded Credit Rating.
The Truth:
S&P blamed the downgrade on the political dysfunction caused by the Ryan led House on the debt ceiling,
In short, Ryan is blaming President Obama for a crisis that he helped manufacture. If anyone is responsible for the downgrade, it is Paul Ryan and his fellow House Republicans.
5). Ryan Hints that Obama is a Socialist.
The Truth: Ryan’s sly nod to the right wing talking point that Obama is some sort of secret socialist hides the fact that this
president is the biggest tax cutter in American history. This is a president whose biggest policy achievement is a health care reform that will give private sector health insurance companies millions of new customers. Obama is a lot of things, but he is definitely not a socialist.
