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Tuesday, May 22, 2012

Republicans continue to lie about Obama's spending record

Reality just does not interest conservatives.
Conservatives are still hammering the lie, that Obama has increased governmental spending by eleventy billion percent or some such nonsense...

The facts are quite different:


In the 2009 fiscal year — the last of George W. Bush’s presidency — federal spending rose by 17.9% from $2.98 trillion to $3.52 trillion. Check the official numbers at the Office of Management and Budget.
 
In fiscal 2010 — the first budget under Obama — spending fell 1.8% to $3.46 trillion. 

In fiscal 2011, spending rose 4.3% to $3.60 trillion. 

In fiscal 2012, spending is set to rise 0.7% to $3.63 trillion, according to the Congressional Budget Office’s estimate of the budget that was agreed to last August. 

Finally in fiscal 2013 — the final budget of Obama’s term — spending is scheduled to fall 1.3% to $3.58 trillion. Read the CBO’s latest budget outlook. 

There has been no huge increase in spending under this president, despite what the GOP desperately wants you to believe.
Why do people think Obama has spent like a drunken sailor? It’s in part because of a fundamental misunderstanding of the federal budget, and on part total fabrications.

This is why the birthers, and the cries of "Socialism" and "Tyranny" are being bandied about.....Because it has been true since Atwater, if you cannot win on issues, slander your opponent.

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