According to the Census Bureau, the U.S. economy supports only 131.7 million American workers — not 160 million. That total is only slightly up from last November’s total of 130.3 million workers, because of the stalled economy.
Still, White House officials continue to push the 160 million number.
“We’ve been doing everything we can to ensure that 160 million working Americans aren’t hit with a holiday tax increase,” President Barack Obama said Dec. 22 at a White House press event intended to pressure the GOP into signing the Senate’s compromise deal on taxes and spending for 2012.
Also, according to White House spokesman Jay Carney, the temporary rollback of Social Security tax is worth about $1,000 a year. That means about $20 a week to the average worker, not the $40 per week the White House commonly cites.
On Thursday, Obama repeated the $1,000 estimate, saying “if you’re a family making about $50,000 a year, this is a tax cut that amounts to about $1,000 a year”
But he also repeated the $40-per-week misdirection on Thursday, saying thousands of people have responded to a White House request for people to describe “what would it be like to lose $40 out of your paycheck every week.”