Harvard University (NPN) – Professor Martin Feldstein, an economist at Harvard, claims that President Obama and his campaign have misrepresented his study of Mitt Romney’s tax plan. The president has claimed that the tax plan does not work and is purposely designed to raise taxes on middle and low income earners, citing Professor Feldstein’s study.
“This is completely reprehensible, what they have done.” said the wild-eyed Feldstein in a horrible German accent. “My study clearly showed that the Romney tax plan can in fact achieve debt neutrality while avoiding raising tax rates on the middle class, low class, and those with no class.”
With that, the professor then filled three giant chalk boards proving why, threw his chalk at this reporter and stalked out of the class room.
An Obama campaign spokesperson quickly responded to our inquest regarding Professor Feldstein’s claims.
“He’s clearly wrong about our mischaracterization of his study.” said Margaret Stump, a chief financial adviser of the campaign. “We read his report, which made little sense to begin with, and simply corrected his math, which didn’t work originally. I mean, who uses a bunch of symbols and letters instead of numbers when doing math? It was garbage.”
The professor also apparently did not account for the costs and penalties associated with Obamacare.
“I don’t know what Dr. Feldstein was thinking, removing Obamacare expenses like that.” said Stump. “The costs of that are going to be huge, and you can’t make conclusions about a tax policy without recognizing how much Obamacare will add to the tax burden and completely crush the middle class, while putting small companies out of business and taking away from the economic growth that Romney’s tax cuts are supposed to make appear out of thin air.”
Vice presidential candidate Joe Biden apparently caught wind of this story as it was developing and made some comments in a speech to members of the Chupacabra Hunters Union in Wisconsin.
“This nutty professor is going around saying he knows better how to do math than the President of the United States!” said an apoplectic Biden. “Yeah! He is saying that. I mean, you can’t become president or vice president without knowing a lot about math. So I have three words for you Professor: Go Learn Math! Oh wait, that was four words. Four words for you professor.”
The Romney campaign was unable to respond to these developments being indisposed by fits of raucous laughter.