Federal spending under Obama has risen less than anytime in past 60 years.

[rivalarrival]

http://www.politifact.com/truth-o-me...mas-record-sp/

Annualized growth of Federal Spending:
Reagan 1: 8.7%
Reagan 2: 4.9%
H.W. Bush: 5.4%
Clinton 1: 3.2%
Clinton 2: 3.9%
W. Bush 1: 7.3%
W. Bush 2: 8.1%
Obama 1: 1.4%

Fox News, as usual, tries to spin the numbers differently. In their summary, they came up with an average spending growth of 3%, which may not be the lowest in the past 60 years, but is certainly the lowest in the past 30 years.

All told, government spending now appears to be growing at an annual rate of roughly 3 percent over the 2010-2013 period, rather than the 0.4 (sic) percent claimed by Obama and the MarketWatch analysis.

http://www.foxnews.com/us/2012/05/25...pending-claim/

It's pretty nice when even your detractors show that you're doing it right.

[Jake7]

Www.theobamadebt.com

Keepin 'em honest.

[rivalarrival]

Combine the lowest annualized spending increases in 60 years with that site, and the conclusion is simple: tax revenues have fallen off. Is this any surprise?

[Eddie_T]

If the spending increases were simple then there's a total growth of 42.9%, but cumulative a whole 'nother story.

[rivalarrival]

Originally Posted by Eddie_T

If the spending increases were simple then there's a total growth of 42.9%, but cumulative a whole 'nother story.

They average out to 1.4% increase per year. Two years they were increases, two years they were decreases. What's so hard to understand?

The biggest increase is unarguably Bush's last budget.

[Jake7]

Obama has spent more than all the presidents before him combined, and it's still Bush's fault.

[rivalarrival]

Originally Posted by Jake7

Obama has spent more than all the presidents before him combined, and it's still Bush's fault.

citation needed.

[Jake7]

Www.theobamadebt.com

[Eddie_T]

Percentages may be the symptoms but the rising debt is the disease that can sink us, and no-one has a plan. Obama was to cut the deficit in half during his first term with no mention of the debt. I wonder what he will offer this go-round to his gullible followers?

[rivalarrival]

Originally Posted by Jake7

Www.theobamadebt.com

Not seeing your claim supported. Can you clarify?