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Obama the lowest spender since Eisenhower?
#1
Really having trouble believing this..

"Amidst all the cries of Barack Obama being the most prolific big government spender the nation has ever suffered, Marketwatch is reporting that our president has actually been tighter with a buck than any United States president since Dwight D. Eisenhower.

Who knew?"



http://www.forbes.com/sites/rickungar/20...ack-obama/

Thoughts ?
glocke12, proud to be a member of pa2a.org since Sep 2012.
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#2
glocke12;64425 Wrote:Really having trouble believing this..

"Amidst all the cries of Barack Obama being the most prolific big government spender the nation has ever suffered, Marketwatch is reporting that our president has actually been tighter with a buck than any United States president since Dwight D. Eisenhower.

Who knew?"



http://www.forbes.com/sites/rickungar/20...ack-obama/

Thoughts ?

The devil is in the details. The measurement is growth. Obama's first year was a massive increase from the previous year, inherited from the Bush adminstration, but the growth over the last 3 years hasn't been high because of the artificially inflated level from the massive prior increase that coincided with the ecomnomic collapse. Does that make sense? Spending growth has been low because the bar was set very high right as he was coming into office.

Just look at debt/gdp if you want a more accurate reflection of the lack of government responsibility during Obama's Presidency.
Deal_me_in, proud to be a member of pa2a.org since Sep 2012.
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#3
Deal_me_in;64429 Wrote:
glocke12;64425 Wrote:Really having trouble believing this..

"Amidst all the cries of Barack Obama being the most prolific big government spender the nation has ever suffered, Marketwatch is reporting that our president has actually been tighter with a buck than any United States president since Dwight D. Eisenhower.

Who knew?"



http://www.forbes.com/sites/rickungar/20...ack-obama/

Thoughts ?

The devil is in the details. The measurement is growth. Obama's first year was a massive increase from the previous year, inherited from the Bush adminstration, but the growth over the last 3 years hasn't been high because of the artificially inflated level from the massive prior increase that coincided with the ecomnomic collapse. Does that make sense? Spending growth has been low because the bar was set very high right as he was coming into office.

Just look at debt/gdp if you want a more accurate reflection of the lack of government responsibility during Obama's Presidency.

That's EXACTLY right and is one of the main reasons they did it. It's all about the deception of base line budgeting.
"In 4 more OMao years you won't like how America looks....I guarantee it."
“When injustice becomes law, resistance becomes duty.” -- Thomas Jefferson
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