You would think that the fact the US government is now annually spending more money then it ever has in its past, would at least give Obama a clue.
The idea that we do not have a spending problem is a common belief on the left. They don’t have a problem with trillion dollar deficits.
I was talking with an economist at the DOJ and he said the same thing. Then he started bleating about the deficit being more during Reagan years based on percent of GDP, blah, blah, blah. They genuinely believe this Keynesian claptrap.