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

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Image from a quicklink So, how have the Republicans managed to persuade Americans to buy into the whole "Obama as big spender" narrative?

It might have something to do with the first year of the Obama presidency where the federal budget increased a whopping 17.9% --going from $2.98 trillion to $3.52 trillion. I'll bet you think that this is the result of the Obama sponsored stimulus plan that is so frequently vilified by the conservatives"but you would be wrong.

The first year of any incoming president term is saddled--for better or for worse--with the budget set by the president whom immediately precedes the new occupant of the White House. Indeed, not only was the 2009 budget the property of George W. Bush--and passed by the 2008 Congress--it was in effect four months before Barack Obama took the oath of office.

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At www.forbes.com

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