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President Barack Obama laid claim to a peace dividend that doesn't exist when he told the nation he wants to use money saved by ending wars to build highways, schools and bridges.
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Some of the proposals the Obama administration has floated in budget negotiations with Congress would ask Medicare beneficiaries to pay more.
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Obama has claimed an increase of some 500,000 manufacturing jobs over the past 29 months. But this is cherry picking by the president. From the beginning of Obama's term 3 1/2 years ago, manufacturing jobs have declined by more than 500,000, according to the Labor Department's Bureau of Labor Statistics.