Obama the big spender? Not so fast....

[Bigerik]

I don't know if this has article has been disucssed over here, but I sure found it to be an interesting read.

http://www.marketwatch.com/story/oba...ned-2012-05-22

I really found this graph to be interesting:





So which party are the reckless spenders again?

As an interesting aside, it was our Federal Liberal party that had to step in with the tough medicine to fix our screwed economy and federal spending after years of conservative rule.

[whell]

This article can't be serious. The has been no "Obama Budget", hasn't been for a while now. Even his own party voted overwhelmingly against his last budget submission, so it was DOA. For fiscal 2013 the article suggest that spending is scheduled to fall, but that's due to the sequester, which both parties are gearing up to negotiate about how to avoid. Also, the Stimulus was passed by Obama, but the article suggests that the responsibility for that is assigned to the last fiscal year of Bush's presidency, so it "doesn't count" against Obama's spending?

Gimme a break, please.

[icenine]

Originally Posted by whell

This article can't be serious. The has been no "Obama Budget", hasn't been for a while now. Even his own party voted overwhelmingly against his last budget submission, so it was DOA. For fiscal 2013 the article suggest that spending is scheduled to fall, but that's due to the sequester, which both parties are gearing up to negotiate about how to avoid. Also, the Stimulus was passed by Obama, but the article suggests that the responsibility for that is assigned to the last fiscal year of Bush's presidency, so it "doesn't count" against Obama's spending?

Gimme a break, please.

What about the other stimulus package Bush passed before Obama...the $700 Billion dollar one?

Why was Obama re-elected Whelly? Why?

[Bigerik]

Did you miss the election? All the BS from ROmney and the Republicans about out of control spending? More importantly, I find the historical numbers interesting. So which party is really the one that does the big spending?

[piece-itpete]

Bushes last year included the bailout, which was supposedly paid back, and Iraq, which is over.

However Obamas' numbers are the new norm.

Pete

[Bigerik]

Originally Posted by piece-itpete

Bushes last year included the bailout, which was supposedly paid back, and Iraq, which is over.

However Obamas' numbers are the new norm.

Pete

So we shouldn't include it because of the bailout? That was his call.

How about all of Bush's other years? Or Reagans? Or Poppa Bush?

The lowest Republican increase is 25% more than the highest Dem one.

[icenine]

Originally Posted by piece-itpete

Bushes last year included the bailout, which was supposedly paid back, and Iraq, which is over.

However Obamas' numbers are the new norm.

Pete

Just think how better off we would have been in 2009 if the recession had started with the Clinton budget surplus rather than Bush's overdrawn credit card ....

So Pete what if Obama just lets the fiscal cliff happen and the budget gets cut and your debt clock is turned backward...will you give him credit for that?

[piece-itpete]

It's a shame that chart didn't include control of Congress.

Pete

[Bigerik]

And here you go ruining all of my fun, Pete.

[piece-itpete]

Pete