Free Republic

Spending has skyrocketed under President Obama, but of late some are claiming that the opposite is true. Case in point: MarketWatch columnist Rex Nutting wrote, “Obama spending binge never happened,” and Politifact rated this statement “mostly true.” But Mitt Romney this week said that “Since President Obama assumed office three years ago, federal spending has accelrated at a pace without precedent in recent history.” So who has it right? Mitt Romney. What Politifact must have missed is a very important data point: President Obama signed most of the spending attributed to President George W. Bush’s last year in office, which...

In a column on Tuesday, Rex Nutting of MarketWatch ran some budget numbers and concluded the following: "Almost everyone believes that Obama has presided over a massive increase in federal spending, an “inferno” of spending that threatens our jobs, our businesses and our children’s future. Even Democrats seem to think it’s true. But it didn’t happen...." The shocking, contrarian piece was widely circulated in liberal circles and was even cited on Wednesday by White House spokesman Jay Carney. But there were a few problems with Nutting’s numbers....