President Obama blames Republicans for the collapse of his latest government jobs bill. But in the end, he has only his tall tale-telling tongue to blame.

After hyping the TARP, Obamacare, Stimulus I and EduJobs spending behemoths as economic saviors, Obama just couldn’t help overselling his half-trillion-dollar American Jobs Act. The teachable moment of “truthiness” for this taxpayer-subsidized scam came last week when Obama made an unwitting Boston teacher the botched poster child for his campaign.