'Taint so.
Here are the facts, according to official government statistics:
In the 2009 fiscal year -- the last of George W. Bush's presidency -- federal spending rose by a whopping 17.9 % from $2.96 trillion to $3.52 trillion. You can verify those figures at the Office of Management and Budget.
In fiscal 2010 -- the first budget under Obama -- spending fell 1.8% to $3.46 trillion.
In fiscal 2011, spending rose a modest 4.3% to $3.60 trillion.
In fiscal 2012, spending is set to rise an even more modest 0.7% to $3.63 trillion, according to the Comgressional Budget Office's estimate of the budget that was agreed to last August.
In fiscal 2013 -- the final budge of Obama's current term -- spending is scheduled to fall 1.3% to $3.58 trillion. See the CBO's latest budget outlook.
Over Obama's four budget years, federal spending is on track to rise from $3.52 billion to $3.58 trillion, an annualized increase of just 0.4% -- A far cry from the 17.9% increase during Bush's last year.
This is all in contrast to the lies we hear about Obama's profligate spending. People don't realize that the first year of every presidential term starts off with the budget approved by the previous administration and congress. Obama didn't begin to shape budgets until his second year in office. Developing and steering budgets through congress takes a lot of time and effort, especially with a gridlocked congress that openly proclaims its determination to thwart everything that president tries to do to make certain, if at all possible, that he won't be re-elected.
Obama came into office with a budget already in place which called for spending to increase by hundreds of billions of dollars in response to the worst economic and financial disaster since the Great Depression, directly caused by the profligate practices of that previous administration.
As usual, the facts are ignored and the despicable liars blame Obama.
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