He was lying. He knew he was lying. And there isn’t a damned thing that anyone’s going to do about it.
The hard truth is that is NOTHING anyone can do about it.
1. Obama has pigmentation immunity and no one will dare oppose him with the race card ready to be played.
2. He has insulated himself from being responsible for anything he does by being able to say "congress did it", or "republicans messed it up." No matter how outlandish his claims are the media will back him up.