Obama said Mitt Romney called the Arizona law a model for the nation. That statement mischaracterizes Romneys salute to Arizonas mandate that employers electronically verify the legal status of employees, which was passed in 2007.
Obama lifted a Romney quote about wind energy out of context in an attempt to draw a sharper contrast between himself and Romney on renewable energy. Romney didnt call wind energy imaginary, Romney said that wind and solar cannot power the economy. The Romney campaign lambasted subsidies for an uncompetitive technology to survive in the market. Obama, on the other hand, has been a vocal proponent of tax credits to help the wind and solar industries.
Romney said that I am not going to have people at the high end pay less than theyre paying now under his tax plan. Thats not what he said earlier, as Obama correctly noted. Romney, Feb 22, 2012: I said today that were going to cut taxes on everyone across the country by 20 percent, including the top 1 percent. Romney was wrong when he said the middle class will see $4,000 per year in higher taxes as a result of Obamas fiscal policies. The number came from an American Enterprise Institute study that calculated the potential impact on different income groups if the U.S. raised taxes to service the national debt. By Romneys logic, the House budget resolution crafted by his running mate, Rep. Paul Ryan, will raise taxes on the middle class by $2,732 over that same period of time. Neither candidate is on record as proposing a tax increase for the middle class.
Romney made the misleading claim that gasoline prices have gone up $2,000 since Obama came to office. The $2,000 figure is greatly inflated because gasoline prices were much higher during most of 2008 than they were at the moment Obama was sworn in. They were temporarily depressed by the world recession, and the yearly cost per family was much higher for all of 2008 than the figure Romney uses as his base. During 2008 prices hit over $4.10 per gallon. The most recent monthly average was $3.91.
Romney said that regulations and the rate of regulations quadrupled under Obama. He was basing that on the Heritage study, but he did not include important caveats about how the study was conducted. The actual data on regulations show Obamas rate of regulations is no different from the past 18 years. Romney spoke of his plan to create 12 million new jobs, which the campaigns describes as a four-year goal. The candidates personal accounting for this number is based on different figures and long-range timelines stretching as long as a decade which in two cases are based on studies that did not even evaluate Romneys economic plan. Romney said that oil production is down 14 percent this year on federal land. Overall from 2004-08, well into Bushs tenure, oil production on federal lands and waters fell in four of five years, for a net decrease of 16.8 percent. From 2009-11, the Obama years, oil production rose two of three years, for a net increase of 10.6 percent. Its important to note that most big boosts in production, according to experts, follow years of earlier exploration and drilling efforts begun under the policies of prior administrations. Thats why attaching production things to any particular administration is a very, very tricky business, and probably best handled in books rather than in articles, Hakes, the author of A Declaration of Energy Independence said, There are just too many factors.
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