Quote:
Originally Posted by Nebe
Well. You get my point.
Posted from my iPhone/Mobile device
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There was no real point., Obama is spending more than any President in the history oif our country, by far.
If you want to put his face on Mt Rushmore because his 'precentage increase in spending' is lower than some ofther...that's because Obama's baseline is so much higher.
If George Washington spent $100,000 in his first year, then $200,000 in his second year, that's a 100% increase. If Obama spends $3 trillion one year and $3.1 trillion the next year, that's a 3.3% inbcrease.
Does that make Obama a fiscal hawk? Hardly.
The other question is, what has he done with that money? Was it well spent?
Unemployment is still well above average...for those who are working, median wages are down about 8%. Our debt is several trillions higher than it was before he got elected...he has done nothing to address entitlement funding. Almost a trillion on a stimulus that was supposed to galvanize "shovel ready" jobs, which did almost nohting.
The stock market made a big comeback. That's about the only level of improvement...and it's a development that most who voted for Obama would say is a bad thing, as it only helps Wall Street fatcats or some such nonsense...