Hey, big spender

Don't believe media hype over Obama's supposed frugality

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The intelligentsia in Washington and the
national media have suddenly burst into a robust debate over whether the Earth is flat.

Well, the modern equivalent, anyway: Whether Barack Obama is a big spender.

Really? Aren’t we just proving the adage that figures don’t lie, but liars figure?

The debate erupted like spits of hot lava when a left-wing writer propounded, “Obama spending binge never happened,” and that he’s the most frugal president since Eisenhower.

All evidence to the contrary.

Of course the Obama administration instantly grabbed onto the claim and called White House reporters lazy for not seeing it, and the president termed Republican warnings about federal spending a “cowpie of distortion.” But in truth, that’s one of the biggest lies our government has ever told us.

Financial experts of all political stripes can tell you federal spending is rising and unsustainable. The facts demonstrate Mr. Obama is a huge spender.

One of the tricks being used to fool you into thinking otherwise is this: They’re assigning spending from the first nine months of 2009 to President Bush – even Obama’s huge $1 trillion “stimulus” boondoggle – because it happened in a fiscal year that began during Bush’s term. What naked chicanery!

In addition, as The Washington Post’s Fact Checker notes, “in every case, the president wanted to spend more money than he ended up getting” from Congress. So he actually wanted to spend more. And he’s already added $5 trillion to a $10 trillion debt.

Fact Checker gives the Obama administration “three Pinocchios” – the symbol, of course, of bald-faced lying. The truth, the paper says, is that under Obama spending has increased at three times the rate of inflation.

As a percentage of gross domestic product, Fact Checker notes, federal spending has risen from about 20 percent historically to nearly 25 percent under Obama – “highs not seen since the end of World War II — completely the opposite” of the Eisenhower claim.

We’re not sure we have seen a more disingenuous narrative coming out of the White House in decades.

Three Pinocchios is just the start. The Earth is not flat.

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southernguy08
499
Points
southernguy08 05/27/12 - 06:25 am
0
0
OBAMA, FRUGAL?
Unpublished

Regarding frugality from the Obama Administration, 5 TRILLION added to the national debt in the less than 4 years he's been in office speaks volumes! The fact that there are actually people who want to give this guy another term in office really speaks the old bible verse that says, "There is none so blind as he who will not see."

specsta
6355
Points
specsta 05/27/12 - 03:47 pm
3
1
Why All The Hate?

I would imagine that the day the Chronicle Editorial Board actually wholeheartedly agrees with or supports our President is the day that possums and squirrels will start speaking English.

Shea_Addams
1337
Points
Shea_Addams 05/27/12 - 04:03 pm
5
4
Perhaps when the President
Unpublished

Perhaps when the President starts respecting the Constitution and stops spending like there is no tomorrow, the Chronicle Editoral Board will wholeheartedly agree with him.

KSL
126051
Points
KSL 05/27/12 - 05:44 pm
2
1
Criticism of the zero is not

Criticism of the zero is not a sign of hatred of who the zero is no matter how many times people try to claim it is based in racism.
I dislike him with passion. I dislike what he is and what his vision and goals for our country are.

TParty
6003
Points
TParty 05/27/12 - 05:52 pm
3
1
40% of the stimulus was tax

40% of the stimulus was tax cuts to the working class. I guess tax cuts are now spending and wasteful spending at that? Numbers and figures can be warped to say almost anything and facts sometimes come down to perspective.

KSL
126051
Points
KSL 05/27/12 - 06:19 pm
2
2
The impact of those tax cuts

The impact of those tax cuts was hardly enough to help. Confidence in an improving economy has not been generated by o and the democrats.

Retired Army
17512
Points
Retired Army 05/27/12 - 08:18 pm
4
1
And nobody can explain why

And nobody can explain why corporate profits and CEO compensation is at an all time high.

Musta been all that Washington spending by the Republican controlled House of Representatives.

Oh! You didn't know that all spending originates in the House of Representatives? Or, that Corporate America by far sends more campaign cash to Republicans or their puedo disinterested SuperPACs.

Is that sputtering and choking along with flying keyboarding from The Flying Monkey Right" that I hear going on?

Facts is facts.

KSL
126051
Points
KSL 05/27/12 - 09:44 pm
0
0
RA, spending on catering to

RA, spending on catering to the temporary residents of the White House is pretty high as well. Ever think there may be some connection there? Certainly you are not going to try to tell us that your prescious o has no connection to big business and big money. You may agree with his policies, but certainly you can't believe he got where he has gotten solely on his own roots. You are way too smart for that.

harley_52
22926
Points
harley_52 05/27/12 - 10:31 pm
2
0
The President approves, by

The President approves, by his signature, every penny spent by the federal government. All the Solyndra loans, all the GSA Vegas conferences, all the waste on every imaginable giveaway program all enjoys the signature approval of the President who has signed the legislation authorizing the spending. The only exception is on a spending bill the President vetoes, and that veto is overridden by the Congress. Oddly enough, I can't think of a single spending bill vetoed by President Obama during his first (and only) term, so far.

Obama is the biggest spender in the history of this Country, no matter what the lefties try to claim.

Three Pinocchios isn't nearly enough for the Administration and, instead of points, some of our posters should be awarded Pinocchios as well.

KSL
126051
Points
KSL 05/27/12 - 10:34 pm
1
0
Even Pravda on the Potomac is

Even Pravda on the Potomac is giving this 3??? Guess they have to maintain some credibility.

KSL
126051
Points
KSL 05/27/12 - 10:39 pm
1
1
Just so those animals speak

Just so those animals speak English and not Spanish.

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