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Based on some feedback I’ve received today, the “Obama is the lowest spending president in sixty years” meme is still taken seriously in some circles. It is nonsense. Don’t want to take my word for it? How about the Associated Press:

Obama rests his claim on an analysis by MarketWatch, a financial information and news service owned by Dow Jones & Co. The analysis simply looks at the year-to-year topline spending number for the government but doesn’t account for distortions baked into the figures by the Wall Street bailout and government takeover of the mortgage lending giants Fannie Mae and Freddie Mac.

The MarketWatch study finds spending growth of only 1.4 percent over 2010-2013, or annual increases averaging 0.4 percent over that period. Those are stunningly low figures considering that Obama rammed through Congress an $831 billion stimulus measure in early 2009 and presided over significant increases in annual spending by domestic agencies at the same time the cost of benefit programs like Social Security, Medicare and the Medicaid were ticking steadily higher.

And don’t forget the spending bills:

But Obama’s role in 2009 spending was much bigger than that. For starters, he signed nine spending bills funding every Cabinet agency except Defense, Veterans Affairs and Homeland Security. While the numbers don’t jibe exactly, Obama bears the chief responsibility for an 11 percent, $59 billion increase in non-defense spending in 2009. Then there’s a 9 percent, $109 billion increase in combined defense and non-defense appropriated outlays in 2010, a year for which Obama is wholly responsible.

Washington Post fact-cherk Glenn Kessler also gave the low-spending Obama claims three Pinnochios.

View all comments (3) |

JD| 7.10.12 @ 4:37PM

Impressive how they contort to invalidate even the most fundamental truths, eh?

The key to their "reasoning" here is a constant conflation of "Obama" and "Democrats." Whenever necessary, they'll say "Obama didn't do X", by explaining that technically, it was some other Democrat. But when it comes to taking credit for achievements, all the achievements blur together, and the Obama campaign ticket acts with the full authority of every good thing they think any Democrat has ever done.

As always, they are very, very slippery.

Mike G| 7.10.12 @ 7:46PM

Democrats have done good?? Like what? I can't even think of any good Republicans have done in the past 30 years. All either party has done is infringe on personal rights and spend like it's somebody else's money...oh yeah, it IS somebody else's money.

Oldefarte| 7.11.12 @ 11:30AM

Obama is the LOWEST SPENDING PRESIDENT IN SIXTY YEARS? Are you kidding me? Who puts out these lying manipulations of truth? Does anyone have what;s known as a brain? Its a shame that lying is not a cause for incarceration, otherwise this whole administration would be behind prison bars!!!!!!!

More Blog Posts by W. James Antle, III

http://spectator.org/blog/2012/07/10/yes-obamas-spending-happened

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