What A Whopper

ABC via Yahoo!:

“I’m running to pay down our debt in a way that’s balanced and responsible. After inheriting a $1 trillion deficit, I signed $2 trillion of spending cuts into law,” he told a crowd of donors at the Hyatt Regency. “My opponent won’t admit it, but it’s starting to appear in places, like real liberal outlets, like the Wall Street Journal: Since I’ve been president, federal spending has risen at the lowest pace  in nearly 60 years. Think about that.”

Obama was referring to an analysis released this week by Rex Nutting, a reporter for CBS MarketWatch who is also affiliated with the Wall Street Journal. Nutting concluded that Obama has presided over the slowest growth in federal spending in decades.

What an incredible whopper.  By 2010, the man had added more to our debt than the Presidents from Washington to Reagan combined. One only does that by SPENDING.

Rex Nutting, eh? More like Rex Nutter. Over at Doug Ross, he’s got the perfect title for the debunk of Nutter’s Nutting’s claim:

Obama MarketWatch Propagandist Rex Nutting Gets B****-Slapped By James Pethokoukis

Long & Short of said debunking:

As the chart indicates, Nutting arrives at that 1.4% number by assigning 2009—when spending surged nearly 20%—to
George W. Bush…”

GO. READ.THE.WHOLE.THING.

 

Update: Via Gateway Pundit -WSJ’s Stephen Moore Responds. Ouch!

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About ladyliberty1885

I'm a Conservative minded mother and wife living in the Triangle area of NC. I began writing in 2009 via my LadyLiberty1885 blog. My writing can also be found at DaTechGuy, WatchdogWire - NC, StopCommonCoreNC.org, TheConMom and at WizBang. I also write science fiction novellas that are, as of yet, unpublished and dabble in other genres from time to time.
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