QUOTE, OBAMA: "[It's important to] take some of the money that we're saving, as we wind down two wars, to rebuild America."

FACT-CHECK: We borrowed a bunch of money to pay for those wars. Just because you're not borrowing more money doesn't mean you're saving it. Derp?

COUNTERPOINT: No counter-point, here. That's just pretending like we're stupid. Given that the country he runs let his predecessor borrow all that money to fight two very expensive wars most Americans now hate, it may be a fair assumption. But still: Wrong.