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Obama: “Since I’ve Been President, Federal Spending Has Risen at Lowest Pace in Nearly 60 Years’
CNSNews ^

Posted on 05/24/2012 1:25:51 PM PDT by Sub-Driver

Obama: “Since I’ve Been President, Federal Spending Has Risen at Lowest Pace in Nearly 60 Years’ By Terence P. Jeffrey May 24, 2012

(CNSNews.com) - President Barack Obama on Wednesday staked his claim to being the most effective fiscal conservative to serve in the White House in more than half a century.

“Since I’ve been President, federal spending has risen at the lowest pace in nearly 60 years,” Obama said at a campaign event in Denver, Colorado.

“Yes, we're going to streamline government,” Obama said. “There's more waste to be cut.”

Inaugurated in Jan. 20, 2009, Obama has now presided over the start of three fiscal years—2010, 2011, and 2012. According to the historical tables published by his own Office of Management and Budget, these are three of the only four fiscal years since the Japanese surrendered on Sept. 2, 1945, that the federal government has spent more than 24 percent of GDP.

The fourth fiscal year since the Japanese surrender in which the federal government spent more than 24 percent of GDP was 2009. That fiscal year started when George W. Bush was president and ended when Obama was president.

On the first day of fiscal 2009--which was Oct. 1, 2008--then-Sen. Obama voted for the $700-billion Troubled Asset Relief Program. In February 2009, after he became president and while his party controlled both houses of Congress, Obama signed a stimulus bill that the Congressional Budget Office has determined had a 10-year price tag of $831-billion.

In fiscal 2008, the federal government had spent 20.8 percent of GDP. But in fiscal 2009, buoyed in part by the TARP Obama voted for and the stimulus he signed, the federal government spent 25.2 percent of GDP--an increase of 21.2 percent from the year before.

(Excerpt) Read more at cnsnews.com ...


TOPICS: Front Page News; News/Current Events; Politics/Elections
KEYWORDS: mediawingofthednc; obama; obamadeficit; obamarecession; partisanmediashills; youlie
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Head slap alert..........
1 posted on 05/24/2012 1:25:55 PM PDT by Sub-Driver
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To: Sub-Driver

2 posted on 05/24/2012 1:27:29 PM PDT by MrB (The difference between a Humanist and a Satanist - the latter knows whom he's working for)
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To: Sub-Driver

No lie is too big for the man boy.


3 posted on 05/24/2012 1:29:08 PM PDT by Gabrial (The nightmare will continue as long as the nightmare is in the White House)
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To: Sub-Driver
Obama and Bill Ayers are both post-modernists.

They believe there is no absolute truth. They believe that whatever they say the truth is...is the truth.

Regular folks would just say they are liars!

4 posted on 05/24/2012 1:29:18 PM PDT by RoosterRedux (Sow the wind...reap the whirlwind!)
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To: Sub-Driver

Huh?


5 posted on 05/24/2012 1:29:52 PM PDT by rhubarbk
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To: Sub-Driver
It only comes out that way when 2009 (the entire year) is blamed on George W. Bush.

It was thoroughly debunked by Rush today.

6 posted on 05/24/2012 1:31:08 PM PDT by capt. norm (Blessed are they who can laugh at themselves for they shall never run out of material. c)
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To: Sub-Driver

“Who controls the past,’ ran the Party slogan, ‘controls the future: who controls the present controls the past.”
1984


7 posted on 05/24/2012 1:33:44 PM PDT by Okieshooter
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To: Sub-Driver

Did he also say, “We’ve always been at war with Eastasia”?


8 posted on 05/24/2012 1:34:17 PM PDT by kosciusko51 (Enough of "Who is John Galt?" Who is Patrick Henry?)
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To: Sub-Driver
Seriesly, would I kid YOU ? ?

cheers,
Joey

9 posted on 05/24/2012 1:34:58 PM PDT by tomkat (:^)
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To: Sub-Driver

The outright lying is astounding. He knows he has a sycophantic media to back him up.


10 posted on 05/24/2012 1:35:15 PM PDT by headstamp 2 (Liberalism: Carrying adolescent values and behavior into adult life.)
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To: Sub-Driver
STUFF A SOCK IN IT ZERO!
11 posted on 05/24/2012 1:35:27 PM PDT by rockinqsranch (Dems, Libs, Socialists, call 'em what you will, they ALL have fairies livin' in their trees.)
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To: Sub-Driver

There’s liars and then there’s Obama and Biden, Pelosi, Leahy, Kennedy, Romney, Warren, Reid, Schumer -


12 posted on 05/24/2012 1:35:54 PM PDT by atc23 (The Confederacy was the single greatest conservative resistance to federal authority ever.)
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To: Sub-Driver

President Kafka.


13 posted on 05/24/2012 1:35:58 PM PDT by headstamp 2 (Liberalism: Carrying adolescent values and behavior into adult life.)
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To: RoosterRedux

[[They believe there is no absolute truth. They believe that whatever they say the truth is...is the truth.]]

you may be right, or another possibility is that they know they are lying, but are simply throwing hteir lies right smack in our faces and almost daring aNYONE to call him to the carpet for it knowing full well that noone ever will- He’s so arrogant I beleive that he thinks he can say anything he wants, and noone has a right to challenge him on it- He’s a compelte narcicist


14 posted on 05/24/2012 1:36:58 PM PDT by CottShop (Scientific belief does not constitute scientific evidence, nor does it convey scientific knowledge)
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To: Gabrial
" No lie is too big for the man boy "

[hope ya don't mind ;-]

15 posted on 05/24/2012 1:36:58 PM PDT by tomkat (:^)
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To: Sub-Driver

Under Obama: 30 Worst Months of Employment Over The Past 25 Years

http://www.freerepublic.com/perl/pings


16 posted on 05/24/2012 1:37:53 PM PDT by TurboZamboni (Looting the future to bribe the present)
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To: Sub-Driver

Measured as a change in spending as a percentage of GDP? Good lord that’s a tortured way of measuring it. But the idiots who vote won’t be able to figure that out. Romney needs to say who cares about percentage growth. Obama has run up more debt than all other presidents combined and be done with it.


17 posted on 05/24/2012 1:39:19 PM PDT by Wyatt's Torch (I can explain it to you. I can't understand it for you.)
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To: Sub-Driver

I saw a soundbite on FNC today of Zero saying he inherited a trillion dollar deficit and signed into law cuts of 2 trillion dollars. Uh-huh. Let’s see the “news” media vet that, or are they still too busy digging up dirt on Romney?


18 posted on 05/24/2012 1:42:57 PM PDT by jeffc (Prayer. It's freedom of speech.)
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To: Sub-Driver

Totally delusional or on meds of some kind.


19 posted on 05/24/2012 1:43:05 PM PDT by ExTexasRedhead
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To: rhubarbk

Here’s the Dem argument:

Once Obama got in power, the year-to-year % increases under him were smaller than any time in the previous 60 years.

TRUE, BUT ....

... what they don’t mention is the extraordinary ratching-up of federal spending in 2008-09 - all the stimuluses, etc. After that one year, Obama KEPT the spending up there (with only that small increase they’re bragging about now), wasting that extra money on green-energy fiascos, giveaways to corporations, subsidized health-care for political pals, etc.

So now, the country is getting huge budget deficits every year, yet Team Obama has the nerve to claim they’re “holding the line on spending”.

What a fraud.


20 posted on 05/24/2012 1:44:10 PM PDT by canuck_conservative
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To: Sub-Driver

Kind of like the 400 lb person saying that his weight hasn’t gone up for the last month. Wow, congratulations.


21 posted on 05/24/2012 1:44:19 PM PDT by grumpygresh (Democrats delenda est; zero sera dans l'enfer bientot.)
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To: capt. norm

The thing I missed in Rush’s commentary was that Congress went over to the Bolshies in ‘07, and, the term DOA was applied to Bush’s budgets. For all practical purposes the budgets were Bolshecrat. Rush was notified that the ‘09 budget was not signed by Bush, but, I don’t know if ‘08 was.


22 posted on 05/24/2012 1:44:56 PM PDT by depressed in 06 (6 November, 2012, the day our embarrassment is sent back to Kenya.)
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To: All

We sure need some here.
Less than $7.1K to go!

23 posted on 05/24/2012 1:46:01 PM PDT by onyx (FREE REPUBLIC IS HERE TO STAY!!!)
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To: Sub-Driver

Obama is the biggest lier in the known Universe! and a punk commie to boot.


24 posted on 05/24/2012 1:46:01 PM PDT by Leep (Enemy of the Statist)
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To: Sub-Driver
The Big Lie
25 posted on 05/24/2012 1:46:50 PM PDT by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: Sub-Driver
If Romney can't effectively blow up this asinine assertion then we are freaking doomed.
26 posted on 05/24/2012 1:46:58 PM PDT by DirtyDawg (eat fruit)
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To: Sub-Driver

27 posted on 05/24/2012 1:48:02 PM PDT by South40
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To: Sub-Driver

AAAHHHGGGGGGGG! Please make it stop!!!!!!!!!!

I heard Rush speaking of this on his show today, I was driving, I almost drove off the road.

*jpg hitting head against wall*


28 posted on 05/24/2012 1:48:56 PM PDT by ColdOne (eI miss my poochie... Tasha 2000~3/14/11 0bie don' t eat my dog!)
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To: Gabrial

“It’s not a lie...if you believe it.” George Castanza

http://www.youtube.com/watch?v=vn_PSJsl0LQ


29 posted on 05/24/2012 1:53:17 PM PDT by newfreep (Breitbart sent me...)
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To: Sub-Driver
Head slap alert..........

No kidding!!
30 posted on 05/24/2012 1:58:06 PM PDT by Eagle of Liberty (We the People are coming!!)
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To: DirtyDawg
Has Mr. Romney given a response yet?
I see Rush loyally carrying water for the Republicans. What are the rest of the Republican Leaders saying in reply to Mr. Obama?
SS
31 posted on 05/24/2012 1:58:11 PM PDT by TWhiteBear (Sarah Palin...The Flame of the North)
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To: TWhiteBear

It’s a great point - if we weren’t in bizarro world they would
be all over this. However ....


32 posted on 05/24/2012 2:01:36 PM PDT by 2 Kool 2 Be 4-Gotten
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To: Sub-Driver
Obama: “Since I’ve Been President, Federal Spending Has Risen at Lowest Pace in Nearly 60 Years’

Is that why we were downgraded?

S.& P. Downgrades Debt Rating of U.S. for the First Time
33 posted on 05/24/2012 2:03:34 PM PDT by Eagle of Liberty (We the People are coming!!)
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To: Sub-Driver

“YOU LIE!”


34 posted on 05/24/2012 2:05:51 PM PDT by FrdmLvr (culture, language, borders)
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To: Sub-Driver
This guy is really straining my sanity. What's worse is watching the dems fall right in line.

I guess if you're going to tell a lie, make it a whopper!!

35 posted on 05/24/2012 2:05:51 PM PDT by Las Vegas Ron (Rush Limbaugh = the Beethoven of talk radio - http://www.istandwithrush.org/)
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To: Sub-Driver

36 posted on 05/24/2012 2:09:00 PM PDT by cartan
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To: jeffc

That’s not important. Did you hear that when Mitt Romney was in preschool, he kicked sand in the face of a little transgendered black boy? In kindergarten he got caught chewing gum in class!


37 posted on 05/24/2012 2:12:37 PM PDT by Freestate316
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To: Sub-Driver

Reminds me of “I did not have sex with that woman...”


38 posted on 05/24/2012 2:14:27 PM PDT by Rennes Templar (No matter how cynical you get, it's never enough to keep up.)
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To: Eagle of Liberty

case in point...........


39 posted on 05/24/2012 2:16:49 PM PDT by Sub-Driver (Proud member of the Republican wing of the Republican Party)
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To: Sub-Driver

Source: Bush Deficit vs. Obama Deficit in Pictures - Heritage.org

40 posted on 05/24/2012 2:22:33 PM PDT by Las Vegas Ron (Rush Limbaugh = the Beethoven of talk radio - http://www.istandwithrush.org/)
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To: Sub-Driver

Hey Prez Numbnuts, don’t piss down my back and tell me it’s raining, you clown.


41 posted on 05/24/2012 2:24:42 PM PDT by Licensed-To-Carry (Hey Obama! All you have done is awaken a sleeping giant and filled us with a terrible resolve!!)
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To: Sub-Driver

This crap makes my head want to explode.

The original stimulus plan where he paid off all is cronies falls under Bush?

Dude, and Liberals are going to be spreading this out there.


42 posted on 05/24/2012 2:36:34 PM PDT by skinndogNN
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To: Sub-Driver
Nice try zero. From the bar chart:

Pres	Factor	Years	Per	Infl	Net Inc. 
R	2.89	8	14.2%	4.7%	9.1%
B1	1.55	4	11.6%	2.6%	8.7%
C	1.37	8	4.0%	4.4%	-0.3%
B2	1.86	8	8.1%	2.9%	5.1%
O	1.35	2.25	14.3%	0.6%	13.6%

The columns are President, Factor of increase, Years as president, Per year increase (Obama more than Reagan), Inflation during the presidency, Net per year.

Obama more than the four previous presidencies.

He thinks this is going to be like another college application or book tour.

I have news for him.

43 posted on 05/24/2012 2:42:09 PM PDT by cicero2k
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To: Sub-Driver

Barak Obama, you are a bald-faced liar. Shameless, intentinally decietful.

L*I*E.


44 posted on 05/24/2012 2:42:43 PM PDT by Bryan24 (When in doubt, move to the right..........)
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To: Sub-Driver

I thought his doctor told him to stop hitting the bottle so often.


45 posted on 05/24/2012 2:43:42 PM PDT by CatherineofAragon (Time for a write-in campaign...Darryl Dixon for President)
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To: Sub-Driver

Good Lord, he is so full of s##t


46 posted on 05/24/2012 2:46:00 PM PDT by Marathoner (If the election was Obama vs. Satan I'd have to flip a coin.)
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To: cartan
Except for WWI, a couple years following 1930, and WWII, there is no other continuously larger and sharper increase in spending as the two years the Democrats controlled both houses of Congress in 2009 and 2010.


47 posted on 05/24/2012 2:50:35 PM PDT by aruanan
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To: Sub-Driver
President Barack Obama on Wednesday staked his claim to being the most effective fiscal conservative to serve in the White House in more than half a century.

Uh huh. Obama added about 1.465 trillion in 2009 onto Bush's budget (designed and passed by Democrat controlled House and the Senate) for fiscal year 2009 and then took all that as the baseline for 2010 and years following. He's a lying sh-t.
48 posted on 05/24/2012 2:53:46 PM PDT by aruanan
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To: Sub-Driver
Obama: “Since I’ve Been President, Federal Spending Has Risen at Lowest Pace in Nearly 60 Years’

PATENT BULLSHIT!!

49 posted on 05/24/2012 3:11:57 PM PDT by GoldenPup (Comrade "O" has got to GO!!)
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To: Sub-Driver
The problem here is that Obama's spending is a matter of public record.....

Team Romney has a cornucopia of ready made political commercials, if they are paying attention.

50 posted on 05/24/2012 3:22:30 PM PDT by Victor (If an expert says it can't be done, get another expert." -David Ben-Gurion, the first Prime Minister)
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