Obama channeled Teddy Roosevelt recently in a speech in Osawatomie, Kan. Supporters are calling it the most significant economic speech of his administration. But the Teddy Roosevelt whom Obama invoked was not the beloved 26th president and standard-bearer of the GOP. Instead, it was the radicalized third-party candidate, out of office and seeking a third term. It was the man whose progressivism was a precursor to the rise of big government later in the 20th century.

What’s more, President Obama’s speech was so full of reckless accusations and misinformation that The Washington Post’s Fact Checker blog gave it three Pinocchios, signifying “significant factual errors.”

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