We sure need some here.
Less than $7.1K to go!
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 ...
Kind of like the 400 lb person saying that his weight hasn’t gone up for the last month. Wow, congratulations.
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.
Obama is the biggest lier in the known Universe! and a punk commie to boot.
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*
It’s a great point - if we weren’t in bizarro world they would
be all over this. However ....
“YOU LIE!”
I guess if you're going to tell a lie, make it a whopper!!
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!
Reminds me of “I did not have sex with that woman...”
case in point...........
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.
