Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

flamingdem

(39,313 posts)
Fri Sep 7, 2012, 02:15 AM Sep 2012

Who Is The Smallest Government Spender Since Eisenhower? Would You Believe It's Barack Obama?

http://www.forbes.com/sites/rickungar/2012/05/24/who-is-the-smallest-government-spender-since-eisenhower-would-you-believe-its-barack-obama/

It’s enough to make even the most ardent Obama cynic scratch his head in confusion.

Amidst all the cries of Barack Obama being the most prolific big government spender the nation has ever suffered, Marketwatch is reporting that our president has actually been tighter with a buck than any United States president since Dwight D. Eisenhower.

Who knew?

5 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Who Is The Smallest Government Spender Since Eisenhower? Would You Believe It's Barack Obama? (Original Post) flamingdem Sep 2012 OP
Yeah, 'cause I remember something Cha Sep 2012 #1
Where does Forbes get their info? ObaMania Sep 2012 #2
I would guess this is rate of increase in the debt, or the like, not absolute quantity. nt bemildred Sep 2012 #3
According to the Forbes article teach1st Sep 2012 #4
Lower than even Eisenhower (chart) Bernardo de La Paz Sep 2012 #5

Cha

(297,154 posts)
1. Yeah, 'cause I remember something
Fri Sep 7, 2012, 03:37 AM
Sep 2012

Pres Obama said early on in campaigning..it's not about a big government or a small government..it's About A SMART Government.

And, that's what he and his Admin went about doing..

ObaMania

(2,054 posts)
2. Where does Forbes get their info?
Fri Sep 7, 2012, 05:23 AM
Sep 2012

According to the WH historical tables, Obama Administration is up there in spending.

Table 15.5 in particular.

http://www.whitehouse.gov/omb/budget/Historicals/

Am I missing something here?

teach1st

(5,935 posts)
4. According to the Forbes article
Fri Sep 7, 2012, 05:43 AM
Sep 2012

According to the Forbes article, it's annualized growth of federal spending.

Data comes from MarketWatch: Obama spending binge never happened

The link on the pic in the OP goes to a page that requires registration. Here's a better link to the Forbes article:

http://www.forbes.com/sites/rickungar/2012/05/24/who-is-the-smallest-government-spender-since-eisenhower-would-you-believe-its-barack-obama/

Latest Discussions»Issue Forums»Editorials & Other Articles»Who Is The Smallest Gover...