Obama is the Smallest Government Spender Since Eisenhower

by Ben Hoffman

It’s enough to make even the most ardent Obama cynic scratch his head in confusion.

Amidst all the cries of Barack Obama being the most prolific big government spender the nation has ever suffered, Marketwatch is reporting that our president has actually been tighter with a buck than any United States president since Dwight D. Eisenhower.

Who knew?

Check out the chart –

So, how have the Republicans managed to persuade Americans to buy into the whole “Obama as big spender” narrative?

It might have something to do with the first year of the Obama presidency where the federal budget increased a whopping 17.9% —going from $2.98 trillion to $3.52 trillion. I’ll bet you think that this is the result of the Obama sponsored stimulus plan that is so frequently vilified by the conservatives…but you would be wrong.

The first year of any incoming president term is saddled—for better or for worse—with the budget set by the president whom immediately precedes the new occupant of the White House. Indeed, not only was the 2009 budget the property of George W. Bush—and passed by the 2008 Congress—it was in effect four months before Barack Obama took the oath of office.

Read more…

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2 Comments to “Obama is the Smallest Government Spender Since Eisenhower”

  1. If you go to the Forbes article, you can learn that the guy who wrote this is a leftist. Of course he’s gonna spin it this way. But there is another article below this one on the Forbes page which refutes it completely.

  2. From that second article:

    President Obama bears responsibility for federal outlays being larger for each year of his presidency than at any time since 1946. If George W. Bush bears a lot of responsibility for FY2009, then Mr. Obama bears even more responsibility for the three years that followed — responsibility for both the very high spending and the questionable composition of the spending.

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