Spending has increased the least under Obama in comparison with preceding presidents
Check Out: Forbes.com if you do not believe me...
"Since President Obama assumed office three years ago, federal spending has accelerated at a pace without precedent in recent history." - Mitt Romney
Most Americans are under the belief that President Obama has Presided over a massive increase of federal spending. Many tout that this spending is putting our country at risk, killing jobs, businesses and the future of American children. Even some from the left are complaining about the spending.
However, belief is not a fact, to put the record straight, here are the facts!
- Federal Spending (even with the Obama stimulus) has risen at the slowest pace since Eisenhower was president.
- The first year of the Obama presidency was plagued with Bush's Budget, the first year of every presidency is saddled with the previous administrations budget.
- By no means did Obama try to reverse that spending. His budget proposals called for even more spending in subsequent years. However, Congress (mostly Republicans but many Democrats, too) stopped him. Had Obama had been a king who could impose his will, perhaps what the Republicans are saying about an Obama spending binge would be accurate."
Employment has increased since Bush left office
Thanks to the jobs stimulus plan, and the auto industry bailout (both opposed by the GOP) We are starting to regain Jobs.
The Loss of the AAA Credit Rating is Due to the GOP, and Bush Presidency.
The GOP led standoff over whether to continue to fund it while maintaining the Bush tax cuts, subsidies to the oil industry, and without enacting massive social program budget reductions. Thanks in large part to the two wars started by Bush, and the simultaneous tax cuts that increased our deficit, Standard and Poor's downgraded our credit rating. Nothing Obama did led to this. Nothing.
The current budget deficit's greatest contributors are the Bush tax-cuts
The GOP wants to continue the biggest contributor to the deficit, the Bush Tax cuts, the economic downturn, and the ongoing wars in Iraq and Afghanistan (the Iraq war being completely based upon lies)
Take a look at the chart to the right, you can see that the two biggest contributors to our deficit are the wars and the bush tax cuts. Facts don't lie, but the GOP is intent to.
Next to the Wars and Bush tax cuts, the Economic downturn comes in third, those three account for the majority of the US deficit.
Romney just loves the Donald. WHY???
Well Donald loves to knock Obama. Donald Trump is a birther conspirator. He is under the impression that Obama is not born in America
“That’s the way life works… He didn’t know he was running for president, so he told the truth. The literary agent wrote down what he said… He said he was born in Kenya and raised in Indonesia… Now they’re saying it was a mistake. Just like his Kenyan grandmother said he was born in Kenya, and she pointed down the road to the hospital, and after people started screaming at her she said, ‘Oh, I mean Hawaii.’ Give me a break.”
- Donald Trump
End “job-killing” regulations
Romney says he’ll get rid of regulations that stifle job creation, but only one candidate has a record of ending burdensome regulations and helping create jobs, President Obama.
President Obama initiated an overhaul to roll back more than 500 regulatory reforms from 26 agencies and approved fewer regulations through his first three years than President Bush did.
Under President Obama, the private sector has added over 4.2 million private sector jobs in the last 26 months.
Under Romney, Massachusetts was 47th out of 50 in job creation.