It time to deal in reality and quit listening to the echo chamber.<quoted text>
"Opinion" - it's time to wake up to what big government deficit spending has done to the US.
First, realize that NO Democrat since 1932 has opposed "spend, spend, spend" in spite of the fact that no one has been able to explain how it will end in anything but a bankrupt economy. Ole' Jog Ears in fact in entirely in favor of destruction.
Yep. The current Republican leadership is also part of this. Which is why Burpin' Boehner can't stand the Tea Party either.
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 childrens future. Even Democrats seem to think its true. But it didnt happen. Although there was a big stimulus bill under Obama, federal spending is rising at the slowest pace since Dwight Eisenhower brought the Korean War to an end in the 1950s.
A dominant theme of the national political discourse has been the crushing spending spree the U.S. has ostensibly embarked on during the Obama presidency. That argument, ignited by Republicans and picked up by many elite opinion makers, has infused the national dialogue and shaped the public debate in nearly every major budget battle of the last thee years.
But the numbers tell a different story.
The fact that the national debt has risen from $10.6 trillion to $15.6 trillion under Obama's watch makes for easy partisan attacks. But the vast bulk of the increase was caused by a combination of revenue losses due to the 2008-09 economic downturn as well as Bush-era tax cuts and automatic increases in safety-net spending that were already written into law.
Obama's policies, including the much-criticized stimulus package, have caused the slowest increase in federal spending of any president in almost 60 years, according to data compiled by the financial news service MarketWatch.