Yesterday, I posted a chart prepared by Rex Nutting at
MarketWatch showing that, contrary to recent Republican rants, President Obama
has actually done a better job of controlling the growth in federal spending that
his predecessors, including Reagan and both Bush 1 and 2. Now there is more proof.
Politifact did some factchecking of its own. As the following two charts show, Obama’s
record is not just better than that of Reagan, GW, and Bush 1 but it is the
best of EVERY president going all the way back to Eisenhower in 1953. In fact, in inflation-adjusted terms, Obama
has presided over a DECLINE in federal spending, a record matched only by
Eisenhower in the 1950s.
See the Politifact charts below or here: http://www.politifact.com/truth-o-meter/statements/2012/may/23/facebook-posts/viral-facebook-post-says-barack-obama-has-lowest-s/
Average % increase in
spending—Actual, not adjusted for inflation
No comments:
Post a Comment