Friday, May 25, 2012

Believe it. Obama's A Big Spender.

Believe it. Obama's A Big Spender.: There are some things that are so apparent that they’re not even worth mentioning. What goes up must come down. The earth is round. President Barack Obama is a big spender. But this week, some in the media and in the White House are denying one of these totally obvious truths. It shouldn’t be a big surprise which one it is.

On Tuesday, MarketWatch’s Rex Nutting wrote that claims of Obama’s big spending ways are overblown and that the “Obama spending binge never happened.” In a press gaggle on Wednesday, White House spokesman Jay Carney picked up on the argument and claimed that “this President has been–has demonstrated significant fiscal restraint and acted with great fiscal responsibility.”

But sure as the sun rises in the east, not in the west, claims of Obama’s supposed “fiscal restraint” are just plain wrong. Heritage’s J.D. Foster explains:


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