An Obama Spending Spree? Hardly (CHART) [View all]

[SunsetDreams]

A dominant theme of the national political discourse has been the crushing spending spree the U.S. has ostensibly embarked on during the Obama presidency. That argument, ignited by Republicans and picked up by many elite opinion makers, has infused the national dialogue and shaped the public debate in nearly every major budget battle of the last thee years.

But the numbers tell a different story.

...

Obama’s policies, including the much-criticized stimulus package, have caused the slowest increase in federal spending of any president in almost 60 nears, according to data compiled by the financial news service MarketWatch.





Last week, Obama’s likely Republican opponent Mitt Romney accused Obama of lighting a “prairie fire” of spending and said he “added almost as much debt as all the prior presidents combined.”

http://tpmdc.talkingpointsmemo.com/2012/05/federal-deficit-barack-obama-spending-stimulus-budget-historic-trends.php?ref=fpb

Romney running for Liar In Chief.