Friday, May 25, 2012

Government Spending Has Never Been Higher Than During the Obama Administration (Not Counting World War II)

See Doug Ross, "Double Whammy: Investors Business Daily Pimp-Slaps Rex Nutting's Pravda-Style Propaganda Piece at MarketWatch":
Yesterday, James Pethokoukis of the American Enterprise Institute delivered a major-league rhetorical beat-down to some Obama drone named Rex Nutting. MarketWatch had somehow allowed Nutting to publish one of the more preposterous press releases from David Axelrod ever seen on a business news site.

The gist of the story is this. Obama is running from his spending record, using manipulated statistics to assign his block-buster "shovel-ready" Stimulus package to... wait for it... George W. Bush. Did Nancy Pelosi, Harry Reid and George W. Bush pass the Stimulus package? Obamacare? Cash-for-Clunkers? Green energy scams like Solyndra, First Solar, Solar Trust, etc.? So the Obama campaign is busy churning out propaganda that disavows all the work he took credit for in 2009 and Nutting simply regurgitates it, like a good little Marxist.

No human being in world history has deficit-spent like Barack Obama. And everyone knows it, including Rex "Leni Riefenstahl" Nutting.

Today, it's Investor's Business Daily's turn to pimp-slap Nutting. One simple chart is all it takes.
Continue reading at the post.