Viral Facebook post says Barack Obama has lowest spending record of any recent president.

  • Posted by a hidden member.
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    May 24, 2012 7:38 AM GMT
    And it's pretty damn true.

    http://www.politifact.com/truth-o-meter/statements/2012/may/23/facebook-posts/viral-facebook-post-says-barack-obama-has-lowest-s/

    President
    Fiscal year baseline
    Last fiscal year
    Average percentage increase per year
    Carter 1977-1981 16.4
    Nixon 1969-1975 13.5
    Johnson 1964-1969 11.0
    George W. Bush 2001-2009 10.2
    Reagan 1981-1989 8.6
    Kennedy 1961-1964 7.1
    George H.W. Bush 1989-1993 5.8
    Clinton 1993-2001 4.0
    Eisenhower 1953-1961 3.6
    Obama 2009-2013 1.4






    President
    Fiscal year baseline
    Last fiscal year
    Average percentage increase per year
    Johnson 1964 1969 6.3
    George W. Bush 2001 2009 5.9
    Kennedy 1961 1964 4.7
    Carter 1977 1981 4.2
    Nixon 1959 1975 3.0
    Reagan 1981 1989 2.7
    George H.W. Bush 1989 1993 1.8
    Clinton 1993 2001 1.5
    Obama 2009 2013 -0.1
    Eisenhower 1953 1961 -0.5

    ^same numbers adjusted for inflation.
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    May 24, 2012 8:08 AM GMT
    It's pretty damn useless. Obama accumulted more debt than all previous presidents except for G.W. Bush combined. icon_eek.gif
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    May 24, 2012 9:32 PM GMT
    Radamisto saidIt's pretty damn useless. Obama accumulted more debt than all previous presidents except for G.W. Bush combined. icon_eek.gif


    Can u show us a link to your statistic Radamisto?
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    May 24, 2012 10:20 PM GMT
    southbeach1500 said
    Radamisto saidIt's pretty damn useless. Obama accumulted more debt than all previous presidents except for G.W. Bush combined. icon_eek.gif



    Correct.

    Bush added $4 trillion to the debt over 8 years.

    Obama added $5 trillion to the debt over 40 months.

    Liberals don't understand that the first "stimulus" was supposed to be a one time increase in the Federal government's spending. Instead, Obama and the Democrats have decided for the past 3 years not to pass a budget so as to keep the spending at the same $1 Trillion "one time stimulus bump" each year.



    Where is the link to a reference showing obama accumulated more debt than all past presidents combined except Dubya?
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    May 24, 2012 10:59 PM GMT
    southbeach1500 said
    catfish5 said
    southbeach1500 said
    Radamisto saidIt's pretty damn useless. Obama accumulted more debt than all previous presidents except for G.W. Bush combined. icon_eek.gif



    Correct.

    Bush added $4 trillion to the debt over 8 years.

    Obama added $5 trillion to the debt over 40 months.

    Liberals don't understand that the first "stimulus" was supposed to be a one time increase in the Federal government's spending. Instead, Obama and the Democrats have decided for the past 3 years not to pass a budget so as to keep the spending at the same $1 Trillion "one time stimulus bump" each year.



    Where is the link to a reference showing obama accumulated more debt than all past presidents combined except Dubya?


    Happy to assist you:

    http://www.treasurydirect.gov/NP/BPDLogin?application=np

    However, it does require some math reasoning and logic skills.



    You mean some "fuzzy math" skills. Got it!
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    May 24, 2012 11:01 PM GMT
    http://dailycaller.com/2012/05/23/numbers-dont-lie-but-democrats-do/
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    May 24, 2012 11:43 PM GMT
    socalfitness saidhttp://dailycaller.com/2012/05/23/numbers-dont-lie-but-democrats-do/


    The title of your reference invalidates the contents from the get go. Republicans lie: Death panels anyone?
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    May 25, 2012 12:19 AM GMT
    southbeach1500 said
    catfish5 said
    southbeach1500 said
    catfish5 said
    southbeach1500 said
    Radamisto saidIt's pretty damn useless. Obama accumulted more debt than all previous presidents except for G.W. Bush combined. icon_eek.gif



    Correct.

    Bush added $4 trillion to the debt over 8 years.

    Obama added $5 trillion to the debt over 40 months.

    Liberals don't understand that the first "stimulus" was supposed to be a one time increase in the Federal government's spending. Instead, Obama and the Democrats have decided for the past 3 years not to pass a budget so as to keep the spending at the same $1 Trillion "one time stimulus bump" each year.



    Where is the link to a reference showing obama accumulated more debt than all past presidents combined except Dubya?


    Happy to assist you:

    http://www.treasurydirect.gov/NP/BPDLogin?application=np

    However, it does require some math reasoning and logic skills.



    You mean some "fuzzy math" skills. Got it!



    So you (predictably) didn't even bother to run the numbers yourself using the U.S. Treasury site I provide per your request. Not at all surprising.



    I ran some numbers and found that Obama spent less than any recent president. I dont have the fuzzy math skills to come up with the same outcome that u did. Sorry
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    May 25, 2012 1:27 AM GMT
    southbeach1500 said
    catfish5 said
    southbeach1500 said
    catfish5 said
    southbeach1500 said
    catfish5 said
    southbeach1500 said
    Radamisto saidIt's pretty damn useless. Obama accumulted more debt than all previous presidents except for G.W. Bush combined. icon_eek.gif



    Correct.

    Bush added $4 trillion to the debt over 8 years.

    Obama added $5 trillion to the debt over 40 months.

    Liberals don't understand that the first "stimulus" was supposed to be a one time increase in the Federal government's spending. Instead, Obama and the Democrats have decided for the past 3 years not to pass a budget so as to keep the spending at the same $1 Trillion "one time stimulus bump" each year.



    Where is the link to a reference showing obama accumulated more debt than all past presidents combined except Dubya?


    Happy to assist you:

    http://www.treasurydirect.gov/NP/BPDLogin?application=np

    However, it does require some math reasoning and logic skills.



    You mean some "fuzzy math" skills. Got it!



    So you (predictably) didn't even bother to run the numbers yourself using the U.S. Treasury site I provide per your request. Not at all surprising.



    I ran some numbers and found that Obama spent less than any recent president. I dont have the fuzzy math skills to come up with the same outcome that u did. Sorry


    No, you didn't. Why do you have a need to lie?


    Lmao. Ru my mother. I did my math homework Mom. Sorry but the math they teach these days isnt the fuzzy math from the Bush era.