If I had to credit Barack Obama with one thing, it would be knowing his market. He understands that with an America so dumbed-down, and a media so prostrate before him, he can get away with lies previous presidents wouldn’t dare contemplate.

A good example — but far from the worst — is the current battle over sequestration, a fancy word for fantasy budget cuts. Obama has been engaging in demagoguery, blaming Republicans for these impending “cuts,” calling them “brutal” and a “meat cleaver” approach. What is the truth?

Sequestration was Obama’s idea.

He proposed it in 2011 as part of the budget deal. Congress then passed it with the support of not just Republicans such as John Boehner, but also some colleagues named Nancy Pelosi and Harry Reid. And after the GOP-controlled House and Democrat-controlled Senate approved the bill, Obama signed this “meat cleaver” approach into law. But it gets worse.

The sequester isn’t any kind of cleaver approach, but more of an Eddie Haskell one. As Forbes’ Paul Roderick Gregory wrote:

The sequester has been advertised as “cutting” discretionary spending over a ten year period by $995 billion. After inflation adjustments and exempting more than a trillion dollars of defense and non defense discretionary spending from the sequester, the CBO projects (in its Table 1.1) discretionary spending to increase by $110 billion over the decade. There is no actual $995 billion cut after the CBO applies its magic adjustments. Rather there is a $110 billion increase.

With a meat cleaver like that, your butcher would have your cholesterol shooting up like ... well, our budget.

But this isn’t unusual. What Washington calls “cuts” are virtually always just reductions in the rate of spending growth. Here’s how the con works: it’s built into the system that the budget will automatically increase every year. And this is taken so for granted that if anyone proposes a reduction in this already inflated budget projection, it’s called a “cut.”

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