In response to:

It's Obama's Math that Doesn't Add Up

ISignFred48 Wrote: Dec 07, 2012 8:07 AM
Well put Donald and a very important column. Obama's grade school arithmetic makes the math turn out right, but not in the real world. It is more complicated than that. You can't raise taxes by 10% and get 10% more revenue, any more than Wal-Mart could raise prices 10% and get 10% more money. Changes in taxpayer and buyer behavior need to be factored in. Almost anybody ought to be able to understand that. Oversimplification is deception (lying).
President Obama often boils down the issues around his plan to raise income taxes by saying it's all about the "math," a subject he doesn't seem to know much about.

No doubt the White House would argue the point, but the uncomfortable fact remains that after four years in office, the unemployment rate remains painfully high and economic growth is slowing down. Clearly, the president's math isn't working well, and neither are 23 million Americans who want full-time jobs.

But even a cursory analysis of the mathematical issues at the center of the battle over the "fiscal cliff" raises some fundamental numbers Obama...