He spent his first 4 years spending more than a drunken sailor and making promises/programs that haven't had the bill come due yet like Obamacare. All this time his approval rating fell while he had the benefit of the BUSH TAX CUTS keeping more money in the pockets of Americans than Uncle Sam's pockets.
Now that taxes are going up for income, capital gains and from Obamacare taxes.....well the party is over. Many middle class and rich Obamabots that loved hearing about helping the poor the past 4 years, well now their taxes are going to pay for it and many times people don't like it when their money is being taken away.
Obamacare is going to blow up in the faces of Democraps.....just watch.
Obama spending binge never happened
Of all the
falsehoods told about President Barack Obama, the
biggest whopper is the one about his
reckless spending spree.
Here are the facts, according to the official government statistics:
• In the 2009 fiscal year — the last of George W. Bush’s presidency — federal spending rose by 17.9% from $2.98 trillion to $3.52 trillion. Check the official numbers 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 4.3% to $3.60 trillion.
• In fiscal 2012, spending is set to rise 0.7% to $3.63 trillion, according to the Congressional Budget Office’s estimate of the budget that was agreed to last August.
• Finally in fiscal 2013 — the final budget of Obama’s term — spending is scheduled to fall 1.3% to $3.58 trillion. Read the CBO’s latest budget outlook.
Over ObamaÂ’s four budget years, federal spending is on track to rise from $3.52 trillion to $3.58 trillion, an annualized increase of just 0.4%.
There has been no huge increase in spending under the current president, despite what you hear
Obama spending binge never happened - MarketWatch