Nov

19

The ‘Inexact Science’ of Accounting and the Exact Science of Scamming

Filed Under Economy, Politics | 22 Comments

The next time the IRS audits you and find discrepancies in your reporting, just tell them that “accounting is an inexact science” and see how far that gets you. Somehow it’s an appropriate excuse for a crooked and/or incompetent administration:

President Obama brushed off criticism over his administration’s inaccurate reporting on job creation Wednesday, telling Fox News the accounting is an “inexact science” and that any errors are a “side issue” when compared with the goal of turning the economy around. He said job growth is his No.1 responsibility.

Bob Newhart, the actor/comedian who used to be an accountant, once said the following: “My theory of accounting was that as long as you got within two or three bucks of it, you were all right. But that didn’t catch on.”

No, but getting within several billion of it has caught on. Hey, somebody wake up Sheriff Joe! I think there’s some pilferin’ goin’ on!

Not a surprise though, because the same Gorebot tax cheats who write bogus junk science reports on global warming are the ones in charge of keeping the nation’s books. What could possibly go wrong?

The climate change “data” we’re about to base an entire economy on is probably as accurate as the latest jobs/stimulus data, because a lot of it comes from the same people. They’ll work wonders with the health care budget.

Obama was just in China, so I wonder if he found out what happens to “inexact accountants” in that country.

Update: From an Obama speech to Congress in February:

I have told each member of my Cabinet as well as mayors and governors across the country that they will be held accountable by me and the American people for every dollar they spend.

That seems like an unrealistically specific demand to expect from such an inexact science.

Comments

22 Responses to “The ‘Inexact Science’ of Accounting and the Exact Science of Scamming”

  1. quickbooks pos on February 16th, 2010 5:08 am

    LOL. It’s the first time I heard of accounting being an “inexact science.” If that were true, there’d be too many killings now.

  2. Freya Cox on April 11th, 2010 10:34 pm

    Job growth is important now as never before. It is really essential for administration to make the number of employees as large as it was before the crisis. It is government and not writing service that should make everything possible and impossible to decrease the unemployment rate.

  3. Michelle Malkin » Robert Gibbs: Obama’s Economic Team ‘Exhausted’ on August 7th, 2010 3:13 pm

    [...] And if my math is a little off here, all I know is that it’s a lot more accurate than any administration economist working for a boss who once informed everyone that accounting is an “inexact science.” [...]

  4. Robert Gibbs: Obama’s Economic Team ‘Exhausted’ | The Daily Conservative on August 8th, 2010 1:32 pm

    [...] any administration economist working for a boss who once reminded everyone that accounting is an “inexact science.” I’ll [...]

  5. Robert Gibbs: Obama’s Economic Team ‘Exhausted’ « South Capitol Street on August 10th, 2010 6:44 pm

    [...] any administration economist working for a boss who once reminded everyone that accounting is an “inexact science.” I’ll [...]

  6. Michelle Malkin » The New Look Democrats — Plus, How To Make Your Very Own DNC Logo on September 15th, 2010 6:23 pm

    [...] It’s similar, anyway — recreating logos is like government accounting: An inexact science. [...]

  7. The New Look Democrats — Plus, How To Make Your Very Own DNC Logo | Conservatives for America on September 15th, 2010 7:01 pm

    [...] It’s similar, anyway — recreating logos is like government accounting: An inexact science. [...]

  8. Michelle Malkin » CBO: Obama Budget Underestimates Deficits a Little… $2.3 Trillion to be Exact on March 18th, 2011 6:39 pm

    [...] once said he didn’t always do his math homework as a child and is on record as stating that accounting is an inexact science (try using that one on your IRS [...]

  9. CBO: Obama Budget Underestimates Deficits a Little… $2.3 Trillion to be Exact | Conservatives for America on March 18th, 2011 7:01 pm

    [...] once said he didn’t always do his math homework as a child and is on record as stating that accounting is an inexact science (try using that one on your IRS [...]

  10. Shocker! Obama “underestimated” the amount of US Debt he was building on March 18th, 2011 9:03 pm

    [...] who once said he didn’t always do his math homework as a child and is on record as stating that accounting is an inexact science (try using that one on your IRS auditor). Subscribe to this author's RSS [...]

  11. Shocker! Obama “underestimated” the amount of US Debt he was building | The Minority Report on March 18th, 2011 10:08 pm

    [...] who once said he didn’t always do his math homework as a child and is on record as stating that accounting is an inexact science (try using that one on your IRS [...]

  12. Shocker! Obama “mis-underestimated” the amount of US Debt he was building « A TowDog on March 18th, 2011 10:57 pm

    [...] who once said he didn’t always do his math homework as a child and is on record as stating that accounting is an inexact science (try using that one on your IRS [...]

  13. Shocker! Obama “mis-underestimated” the amount of US Debt he was building « Sago on March 19th, 2011 12:26 pm

    [...] who once said he didn’t always do his math homework as a child and is on record as stating that accounting is an inexact science (try using that one on your IRS [...]

  14. RealTimeCajun ! | Blog | CBO: Obama Budget Underestimates Deficits a Little… $2.3 Trillion to be Exact on March 19th, 2011 1:00 pm

    [...] once said he didn’t always do his math homework as a child and is on record as stating that accounting is an inexact science (try using that one on your IRS [...]

  15. AntiObamaBlog.com » CBO: Obama Budget Underestimates Deficits a Little… $2.3 Trillion to be Exact on March 19th, 2011 2:42 pm

    [...] who once said he didn’t always do his math homework as a child and is on record as stating that accounting is an inexact science (try using that one on your IRS [...]

  16. The Original Musings » Blog Archive » My Mother-In-Law will be pleased… on March 19th, 2011 8:55 pm

    [...] The Powers That Be | FOX News window.fbAsyncInit = function() { FB.init({appId: "", status: true, cookie: true, xfbml: true}); }; (function() { var e = document.createElement("script"); e.async = true; e.src = document.location.protocol + "//connect.facebook.net/en_US/all.js"; document.getElementById("fb-root").appendChild(e); }()); March 19th, 2011 in | tags: Government, obama [...]

  17. CBO: Obama Budget Underestimates Deficits a Little… $2.3 Trillion to be Exact | The Daily Conservative on March 20th, 2011 8:48 pm

    [...] once said he didn’t always do his math homework as a child and is on record as stating that accounting is an inexact science (try using that one on your IRS [...]

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