Many writers, including me, shot out of the water the false math by Rex Nutting of Market Watch which places all of FY2009 spending at Bush's door step.
But even if you take all of the FY2009 outlays and blame it on Bush - which would include the second half of TARP that Obama requested; most of the Auto Bailout which Obama pushed; The Mortgage/Loan Medication Program; The Omnibus Spending Bill signed by Obama March 2009; The Stimulus Bill, and the S-CHIP expansion - take all of this and place it on Bush, spending is still up by almost 24% in Obama's first term versus Bush's last:
Thursday, May 24, 2012
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