PolitiFact: “Obama has indeed presided over the slowest growth in spending of any president”

May 24, 2012
By

Since it’s impossible to have an adult conversation between the two sides of the aisle with the divisive House Budget Committee chairman Paul Ryan deeming Obama as a ‘failed President’ let’s look at some actual facts for a change.

After Rex Nutting’s column for the financial website MarketWatch went viral, PolitiFact scrutinized the author’s claims. The article titled, “Obama spending binge never happened” delved into data on federal spending patterns comparing them to recent Presidencies. Nutter concluded, contrary to the tax-and-spend stereotype of Democrats — President Barack Obama has actually presided over the smallest increases in federal spending of any recent president.

 

 

 

 

 

PolitiFact reports:

The Facebook post said that Romney is wrong to claim that spending under Obama has “accelerated at a pace without precedent in recent history,” because it’s actually risen “slower than at any time in nearly 60 years.”

We found that Obama has indeed presided over the slowest growth in spending of any president using raw dollars, and the growth on his watch was the second-slowest if you adjust for inflation. The math simultaneously backs up Nutting’s calculations and demolishes Romney’s contention. The only significant shortcoming of the graphic was that it failed to note that some of the restraint in spending was fueled by demands from congressional Republicans. On balance, we rated the claim Mostly True.

(my bold)

Last April on Paul Ryan’s congressional website he made a striking claim that President Obama has doubled the size of government and for that, his partisan pants caught on fire. Mitt Romney’s assertions were demolished, like a train running through a cheap trailer.

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  • Sparker101

    More people should know about this. Let’s keep it viral. Share if you agree.

  • http://MakeCash10.com/ Emily Huston

    just as Shirley responded I’m alarmed that a student can make $7748 in a few weeks on the internet. did you read this link

    *(C L I C K O N M Y N A M E F O R T H E L I N K)*

  • ex-obama supporter

    When you’ve read to the end, come back and read this first paragraph again.

    A Coil of Rage
    The character of any man is defined by how he treats his mother as the years pass …. need I say more about this person below, other than there is no character, no integrity but there is a ton of attitude and arrogance that defines his shallow past and hollow future ….. I rest my case..

    I read Obama’s book, Audacity of Hope. It was difficult to read, considering his attitude toward us and everything American. Let me add a phrase he used to describe his attitude toward whites: He harbors a “COIL OF RAGE”. His words not mine.

    THIS IS OUR PRESIDENT — HE’S RUNNING AGAIN, YOU KNOW!

    Is anyone out there awake? Everyone of voting age should read these two books by him; don’t buy them, just get them from the library.

    From Dreams From My Father:
    “I ceased to advertise my mother’s race at the age of 12 or 13, when I began to suspect that, by doing so, I was ingratiating myself to whites.”

    From Dreams From My Father :
    “I found a solace in nursing a pervasive sense of grievance and animosity against my mother’s race.”

    From Dreams From My Father:
    “There was something about her that made me wary, a little too sure of herself, maybe, and white.”

    From Dreams From My Father:
    “It remained necessary to prove which side you were on, to show your loyalty to the black masses, to strike out and name names.”

    From Dreams From My Father:
    “I never emulate white men and brown men whose fates didn’t speak to my own. It was into my father’s image, the black man, son of Africa , that I’d packed all the attributes I sought in myself: the attributes of Martin and Malcolm, Dubois and Mandela.”

    And FINALLY ………….. and most scary:

    From Audacity of Hope:
    “I will stand with the Muslims, should the political winds shift in an ugly direction.”

    If you have never forwarded an e-mail, now is the time to do so!!! We have someone with this mentality running our GREAT nation! Keep your eye on him and don’t blink.

    I don’t care whether you vote Democrat, Republican, Conservative, or liberal, or like me, just American, be aware of the attitude and character of this sitting President.

    In my opinion, only fools and the un-informed will vote for him in 2012.

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