Harvard Professor Accuses Respected Firm Ernst & Young Of “Made Up” Numbers
BOSTON - Questioned yesterday about a new study by Ernst & Young showing her small business tax hikes would eviscerate more than 700,000 jobs, Elizabeth Warren accused the widely respected accounting firm of making up their numbers.
The report, prepared for the nation’s leading small business organizations and released Wednesday, showed that in addition to costing the nation hundreds of thousands of jobs, Warren’s proposals would shrink the American economy and cause wages and living standards to fall.
Betraying not the slightest bit of concern over the severe economic pain the 23-page report projected, Warren stated, “It’s just wrong. These are just made-up numbers and there’s just nothing to support that.” Warren offered no evidence of her own to support her wild claim which she repeated in an earlier setting.
“For Elizabeth Warren to show such cold indifference and dismissiveness to the deep anxieties of the nation’s leading small business organizations, without even the slightest bit of concern that her policies will put 700,000 people out of work, is shocking,” said Jim Barnett, campaign manager for Scott Brown. “This elitist attitude and close-minded ideology is the last thing we need in Washington at a time when we ought to be working together to put people back to work and grow our economy.”
Click HERE for video of Warren’s dismissal of the new report, and see the transcript of the exchange below:
QUESTION: I saw in the news that NFIB was saying that the new taxes would cost 700,000 jobs so why do you think now is the right time with the economy…
ELIZABETH WARREN: They’re just wrong. They just made-up their numbers.
QUESTION: There was a release today from the Brown campaign saying you were going to raise taxes on small business – do you have a comment on that?
WARREN: It’s just wrong. These are just made-up numbers and there’s just nothing to support that.