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Tuesday, February 8, 2011

Pres. Obama: Not as big a spender he's painted as being after all

There's a new study out just now by and from Newsweek and The Daily Beast that shows President Obama isn't quite the spender the Right-wing, the Conservatives, the Tea Party and everyone else allied against him would have you believe.  Quoting:

Over the last two years, the president has decided to “spend” $21 billion more on tax cuts—the GOP’s preferred policy response to, well, everything—than on government programs.

Of course, this won't get listened to or studied and, unfortunately, it won't change anyone's opinions because, well, we Americans just make up our minds and then stick to it--whatever "it" is--and only read or watch things that reinforce our already-applied opinions, sadly. 

More:

Obama has slashed one tax dollar for every dollar he’s spent on government programs.

And then the summary:

On the rare occasion Republicans do allude to real stats, they tend to shout about the growing short-term deficit, a problem that has a lot more to do with declining recession-era tax revenues and increasing safety-net outlays than anything Obama has done, or not done. Instead, Republicans should be referring to the amount the president has decided to spend so far: $884 billion. They can say it’s too much, and that a thriftier approach would’ve been better for the country. Democrats can reply that rescuing the U.S. economy from a second Great Depression for less than the price of the wars in Iraq and Afghanistan was a relative bargain. Both sides, meanwhile, can debate the wisdom of cutting more than $900 billion in taxes while spending is going up. At least they’ll be arguing about facts, not fantasies.


So go back to you Fox "News" or your Wall Street Journal (both of them Right-wing, Rupert Murdoch mouthpieces) or, worse, go back to your not paying any attention at all, Americans. 

After all, NASCAR starts in just a couple weeks, right?

Link to original post:  http://www.thedailybeast.com/blogs-and-stories/2011-02-08/obamas-spending-exclusive-estimate-of-the-true-number/




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