Sunday, May 27, 2012

PESKY LITTLE FACTS




Obama "thifty spending claim" not quite accurate...

 A 9.7 percent increase in 2009, much of which is attributable to Obama.

 A 7.8 percent increase in 2010, all attributable to Obama, followed by slower spending growth.
 
 Much of the slower growth reflects the influence of Republicans retaking control of the House and their budget and debt deal last summer with Obama. 

 All told, government spending now appears to be growing at an annual rate of roughly 3 percent over the 2010 period, rather than the 0.4 percent claimed by Obama and the MarketWatch analysis.

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