THE Truth, as mentioned in John 8:32, means we should seek objective agreement about economic measures.  Accepting THE truth gives freedom, while multiple truths removes freedom. 

Lies, Damned Lies, and Economics
That’s a rephrasing of the old quip attributed to Mark Twain.  In the original version it reads “There are three kinds of lies: Lies, Damned lies and Statistics.”  
Just a few of the economic mistruths stated by President Biden in his recent state of the union speech.
 

“We created more new jobs in two years than any president did in their entire term.” First, the government does not “create” jobs in the private sector.  They could help “Create” them in the public sector, but those are paid for by taxing the private sector.   And, technically, more people found jobs, but that’s because we were on a recovery from the pandemic.  We count the PERCENTAGE change, and the percentage is nowhere near the best in Presidential history.  Here’s how the New York Times explains it, “By percentage, Mr. Biden’s first two years still lag behind the job growth of his predecessors’ full terms. The economy added 8.5 percent more jobs under Mr. Biden so far, compared with 8.6 percent in President Barack Obama’s first term, 10.5 percent in President Bill Clinton’s first term, 11.2 percent in President Ronald Reagan’s second term and 12.8 percent in President Jimmy Carter’s four years in office.”

 
Oh, by the way: If the President is taking credit for creating every new job, is he also taking credit for every job that was destroyed?
 

The President mentioned the term “Fair share” again: I’ve written and spoken about this many times.  It’s a clear violation of the tenth commandment: Don’t covet.  57% of Americans pay no income tax.  What would be their fair share?  How can paying nothing be fair?  The President said confidently, “By the way, there’s a thousand billionaires, and they pay an average of 3 percent in taxes.”  The New York Times points out that the 400 richest families paid 8.2%.  Almost triple what the President said.  To get to the 3% figure the President quoted, you have to include, as income, stocks and other assets that the wealthy own that they did NOT sell.  So the president is complaining, “The rich only pay income tax on their income”, which is the tax code.  As someone who spent his entire adult life in politics, he’s had time to change this if he wanted.


“We’ve reduced the national debt, so far, $1.7 trillion in two years.”  He said debt, but he meant annual deficit.  There’s a big difference.  The New York Times points out, “Total debt has actually increased from $27.8 trillion on his inauguration to about $31.5 trillion as of today.   His former boss, Barack Obama made the same claim some years ago.  Annual deficit was bumping along at about $500 billion a...