During his State of the Union speech last night, President Obama said “We have subsidized oil companies for a century. That’s long enough. It’s time to end the taxpayer givaways to an industry that’s rarely been more profitable, and double down on a clean energy industry that’s never been more promising.”
The President was stretching the definition of the word “subsidize” beyond anything reasonable here. Perhaps it wasn’t quite a lie, but it was a very creative use of the word.