Who Is The Smallest Government Spender Since Eisenhower?

[Tennessee Gal]

Would You Believe It's Barack Obama?



http://www.forbes.com/sites/rickungar/2012/05/24/who-is-the-smallest-government-spender-since-eisenhower-would-you-believe-its-barack-obama/

[Tigress DEM]

1. kick

[LonePirate]

2. This chart proves how little the average American knows about the federal budget

Our government sorely needs a new source of revenue or additional revenue from existing sources.

[ProfessorGAC]

3. Interesting Source, Too

Forbes published this? I'm surprised. It goes against everything fiscal conservatives are running against.

[SpankMe]

13. Well, the author - Rick Ungar - is Forbes' token lefty. He states this.

Forbes is generally right-leaning and a cheerleader for right wing economic and business principles.

Still, his whole piece is much more fact than opinion. He even provides links to non-politically biased sources for his data.

His responses to the haters in the comments section are excellent.

[HereSince1628]

4. What does annualized mean?

The growth in inflation corrected dollars over the term, divided by the number of years of the term?

[malaise]

5. I'll take the Obama administration for 2,000 Alex

[librarylu]

6. This needs to be hammered home

I keep hearing about that damned clock and how much the "food stamp president" is costing us per day.

The truth will out.

[porphyrian]

7. I know an entire political party that won't believe it. n/t

[bamacrat]

8. The dates on this are weird..

So does this chart attribute the previous president for the first year of the next term. Reagan was elected in 80 and 84, clinton in 92 and 96 and PBO in 08. Yet each term starts the year after...

But aside from that, this really isnt shocking to those outside the republican bubble.

[Qutzupalotl]

9. The budget is set before the president takes office.

So the 2009 budget was approved under Bush. Fy2010 was Obama's first budget without any Bush spending.

[bamacrat]

10. Ahhhhhhhhhh that makes sense. n/t

[amuse bouche]

11. This should

absolutely be a T.V ad

[Norrin Radd]

12. kr

[LeftinOH]

14. KICK!

[kentuck]

15. I don't think that is worded correctly..

"Slowest growth in Federal spending".

When you start with a very high budget, you are spending more but you are not increasing spending as much.