Thursday, May 24, 2012

Conservative Republican Media Starts Noise Campaign to Drown Out The Fact Obama Has Been a Conservative Spender

Conservative Republican Media Starts Noise Campaign to Drown Out The Fact Obama Has Been a Conservative Spender

White House Press Secretary Jay Carney told reporters not to buy into the "BS" of GOP-driven tax and spending claims and pointed to a Wall Street Journal MarketWatch column that noted that government spending is rising at its slowest pace since the 1950s. Far from heeding that advice, right-wing media figures relied on misleading economic talking points to attack Carney

...Right-Wing Media Respond By Saying The Debt Dramatically Increased Under Obama

Fox's Varney: "Obama Has Run Up The Debt A Great Deal More Than President Bush Did In His Full 8 Years." From the May 23 edition of Fox News' Your World with Neil Cavuto:

    STUART VARNEY (guest host): [I]f you are going to argue that the president is not a big spender, it's very difficult to argue against the hard, solid numbers. I've got figures which show very clearly that President Obama has run up the debt a great deal more than President Bush did in his full 8 years: 4.9 trillion for President Bush in 8 years. 5 trillion and more for President Obama in just three-and-a-half years.

( can Varney and Fox News do simple arithmetic? See charts above)

PolitiFact: "Obama Has Indeed Presided Over The Slowest Growth In Spending Of Any President Using Raw Dollars." From a PolitiFact post rating the MarketWatch finding that Obama has the lowest spending record of any president as "Mostly True":

    Obama has indeed presided over the slowest growth in spending of any president using raw dollars, and it was the second-slowest if you adjust for inflation. The math simultaneously backs up Nutting's calculations and demolishes Romney's contention. The only significant shortcoming of the graphic is that it fails to note that some of the restraint in spending was fueled by demands from congressional Republicans. On balance, we rate the claim Mostly True. [PolitiFact, 5/22/12]

The charts include statistics from the OMB ( Office of Management and Budget, the non-partisan Congressional Budget Office and Haver Analytic. Those numbers would look even better except that from 2000 to 2008 conservative Republicans put all their spending on the national credit card, leaving those bills for the next guys to pay. Behavior that was both irresponsible and immoral, but hey that is the way conservatism works.

There are several ways to run a free market economy. One way is the Romney way. Where people with lots of money, power and connections give average Americans the shaft and call it "success".Why Mitt Romney’s Time At Bain Capital Matters