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President Obama: The Biggest Government Spender In World History

Posted By admin On June 17, 2012 @ 3:23 am In Commentary,Tile | Comments Disabled

Peter Ferrara
Forbes [1]
June 17, 2012

The U.S. has never before had a President who thinks so little of the American people that he imagines he can win re-election running on the opposite of reality. But that is the reality of President Obama today.

Waving a planted press commentary, Obama recently claimed on the campaign stump, “federal spending since I took office has risen at the slowest pace of any President in almost 60 years.”

Peggy Noonan aptly summarized in last weekend’s Wall Street [2] Journal the take away by the still holding majority of Americans living in the real world:

“There is, now, a house-of-cards feel about this administration.  It became apparent some weeks ago when the President talked on the stump – where else? – about an essay by a fellow who said spending growth [under Obama] is actually lower than that of previous Presidents.  This was startling to a lot of people, who looked into it and found the man had left out most spending from 2009, the first year of Mr. Obama’s Presidency.  People sneered: The President was deliberately using a misleading argument to paint a false picture!  But you know, why would he go out there waiving an article that could immediately be debunked?  Maybe because he thought it was true.  That’s more alarming, isn’t it, the idea that he knows so little about the effects of his own economic program that he thinks he really is a low spender.”

Full article here [1]


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URLs in this post:

[1] Forbes: http://www.forbes.com/sites/peterferrara/2012/06/14/president-obama-the-biggest-government-spender-in-world-history/

[2] Wall Street: http://www.forbes.com/wall-street/

[3] NAACP President Compares Opposition to Obama to Racism Throughout World History: http://www.prisonplanet.com/naacp-president-compares-opposition-to-obama-to-racism-throughout-world-history.html

[4] Living Beyond Our Means: 3 Charts That Prove That We Are In The Biggest Debt Bubble In The History Of The World: http://www.prisonplanet.com/living-beyond-our-means-3-charts-that-prove-that-we-are-in-the-biggest-debt-bubble-in-the-history-of-the-world.html

[5] U.S. Politicians Are The Biggest Threat To World Peace In Human History: http://www.prisonplanet.com/u-s-politicians-are-the-biggest-threat-to-world-peace-in-human-history.html

[6] The Biggest Ponzi Scheme In The History Of The World: http://www.prisonplanet.com/the-biggest-ponzi-scheme-in-the-history-of-the-world.html

[7] The Biggest Financial Scam In World History: http://www.prisonplanet.com/the-biggest-financial-scam-in-world-history.html

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