WASHINGTON (MarketWatch) — Of all the falsehoods told about President Barack Obama, the biggest whopper is the one about his reckless spending spree.
As would-be president Mitt Romney tells it: “I will lead us out of this debt and spending inferno.”
Almost everyone believes that Obama has presided over a massive increase in federal spending, an “inferno” of spending that threatens our jobs, our businesses and our children’s future. Even Democrats seem to think it’s true.
I don't know just how to take the above news. Of course, the conventional wisdom is that he is the biggest spender in the history of mankind, but is that really true? Yes, the debt has grown to scary levels, no question. How much of that is due to reckless spending, and how much to the deepest recession since the great depression?
The above chart didn't come from some liberal blog, BTW, but from the Wall Street Journal.
Another excerpt:
Reagan cut the spending, cut the size of government?Well at least you are honest enough to admit you get duped.
BO's spending is not debatable.
I know you think EVERYTHING has two sides or there is a grey area with every issue. Not this one my dear bong lover. It is a FACT BO has spent more and incurred more debt than any other president and likely in the history of the world.
Secondly, to believe that massive deficit spending is a solution to a deep recession, proves once again you do not understand economics or you have been duped again by BO and his media. Had BO cut spending, cut the size of government, cut regulations, etc the economy would be booming now just as Reagan and Coolidge proved. FDR and Hoover did as BO is doing and we had a 12 year Great Depression.
You and BO have failed to learn from history...except that BO is doing all this on purpose, knowing full well it will destroy our economy. What's your excuse?
Reagan cut the spending, cut the size of government?
Now, who's been duped?
maybe, but rabid partisanship and the lack of willingness to compromise aren't serving us very well just now.yeah, curious excuse (but they SAID...) but at the end of the day he signed off on this stuff. luckily he did invigorate the economy but perhaps had be been a little less bi-partisan he might have left us notably better off in the longer haul.
Reagan cut the spending, cut the size of government?
Now, who's been duped?
Did your good buddy Pockets give you that response? I only ask because that is a strawman tactic...and we both know Pockets is a strawman expert.
Have I posted in this thread or any other that Reagan cut spending and the size of government?
Why can't you just admit that you got duped again?
Had BO cut spending, cut the size of government, cut regulations, etc the economy would be booming now just as Reagan and Coolidge proved.