Review & Outlook: The 10% President – WSJ.com

Footnote No. 7: Mr. Obama’s posture as the tightest skinflint since Eisenhower is a tutorial in how to dissemble with statistics. The growth rate seems low because he’s measuring from the end of fiscal 2009, after a one-year spending increase of $535 billion. That is the year of his stimulus and thus spending is growing off a much higher base. The real annual pace of government growth is closer to 5%, and that doesn’t count ObamaCare.

via Review & Outlook: The 10% President – WSJ.com.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.