Originally Posted by patteeu
Well, first of all, I picked one of the two examples that *you* bolded. I chose the one I knew the most about and could most easily explain.
Would it surprise you if I told you that I can explain the bankruptcy statement too and that the article you posted was arguably as misleading and most likely more intentionally deceptive than Ryan's statement?
Edit: I just re-read the article and I no longer think that it was intentionally deceptive.
Because I was interested (and had missed this entire topic until seeing it in TMQ), I did some brief bit of research. I see that Paul likely just misspoke, rather than intentionally lied. The 1.4 million bankruptcies number is correct when one counts ALL bankruptcies, rather than just business bankruptcies. By inserting the word "business", he made a fairly serious error, but it was likely just an inadvertent error.
HOWEVER, the entire statement is pretty misleading and easily blown to hell. He compares bankruptcies under Obama to Carter to argue, effectively, that THINGS ARE EVEN WORSE NOW THAN THEY WERE UNDER CARTER!!!!11 GIGGITY!!
Ignoring that bankruptcies of all types peaked in 2005 at over 2 million under George Bush. I therefore absolve him from his original crime but indict him for a different one.
Let me know if you have some fact(s) that I'm missing.