[napscoordinator]

I heard that too but I can’t figure out how they could think that. The debt went up more than the other president’s combined. I would love to see the math on this.

[Perdogg]

This is the crap where they claim that since the Fiscal Year started under Bush (10/2008), the stimulus that was passed in 2009 was Bush’s spending. All I know is the Paln lives in Unger mind rent free.

[God luvs America]

http://www.openmarket.org/2012/05/25/no-obama-is-not-the-smallest-government-spender-since-eisenhower/

http://www.forbes.com/sites/peterferrara/2012/06/14/president-obama-the-biggest-government-spender-in-world-history/

[God luvs America]

http://townhall.com/tipsheet/kevinglass/2012/05/24/lie_of_the_day_progressives_pretend_obama_isnt_a_big_spender

[bitterohiogunclinger]

“but I can’t figure out how they could think that.”
Simple, he’s spent less of his own money than any president in history. All his vacations and campaign trips are on our dime.

[USNBandit]

Basically, they add TARP onto the federal spending to bring the baseline up to an Obama sized budget. Then Obama blows out 3 more years of Obama sized expenditures despite not having stimulus or TARP, and shows a negligible increase in the budget.

A couple things are missing from these calculations. First is that much of the discretionary spending in the 2009 fiscal year wasn't passed until March of 09, meaning they carry Obama's signature. Second is that Obama voted for TARP, signed the Stimulus bill, signed those Omnibus portions of the 09 budget, and hasn't had a budget passed since then. If spending in his administration was really flat (it isn't) then nobody can claim the credit because the democrats haven't passed a budget in the Senate since then.

[dforest]

When this 1st came out, I think I can remember that someone, maybe Eric Bolling, was saying that they attached Obama’s spending on to the Bush admin at the very beginning of the O admin.

I can’t remember details, but this was debunked.

[Iron Munro]

I can’t figure out how they could think that.

Because he's got the value of the dollar down to only 3 cents.

[jjotto]

Federal outlays for 2009 are attributed to Bush.

In 2007, the feds spent less than 20% of GDP. In 2009 that jumped to more than 25% of GDP. 2010-2011 outlays have held steady at a little over 24% of GDP, though I don’t believe the gov’t stats.

So Osama is credited with only a very small rise in outlays as a percent of GDP.

[Puppage]

Fuzzy math ping!

[JimSEA]

Easy, the author attributes the 2009 spending to Bush. I’d like to see his explain the fact that in 2010 the National Debt was 93% of the GNP when in 2008 the Debt was some 64% of GNP. This ratio shows the collapse of the private sector Obama tells us is doing just fine.

[ronnie raygun]

If true all the money borrowed ON OUR CHILDREN DIME is going into coffers and bank accounts of the criminal enterprise locally and international including the UN.