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reagan-was-a-horrible-president: justinspoliticalcorner: (via CHART: Spending, Taxes, And Deficits Are All Lower Today Than When Obama Took Office) Federal spending is lower now than it was when President Obama took office. I’ll pause to let you absorb the news. In January 2009, before President Obama had even taken the oath of office, annual spending was set to total 24.9 percent of gross domestic product. Total spending this year, fiscal year 2012, is expected to top out at 23.4 percent of GDP. Here’s another interesting fact. Taxes today are lower than they were on inauguration day 2009. Back in January 2009, the CBO projected that total federal tax revenue that year would amount to 16.5 percent of GDP. This year? 15.8 percent.  Inconvenient though it may be for conservatives (especially those who are running for president), the truth is that spending, taxes and the deficit are all lower today than when President Obama took office. But Mitt Romney and the Republicans won’t let facts get in the way of their lies about President Obama & the Democrats.

reagan-was-a-horrible-president:

justinspoliticalcorner:

(via CHART: Spending, Taxes, And Deficits Are All Lower Today Than When Obama Took Office)

Federal spending is lower now than it was when President Obama took office. I’ll pause to let you absorb the news.

In January 2009, before President Obama had even taken the oath of office, annual spending was set to total 24.9 percent of gross domestic product. Total spending this year, fiscal year 2012, is expected to top out at 23.4 percent of GDP.

Here’s another interesting fact. Taxes today are lower than they were on inauguration day 2009. Back in January 2009, the CBO projected that total federal tax revenue that year would amount to 16.5 percent of GDP. This year? 15.8 percent.

 Inconvenient though it may be for conservatives (especially those who are running for president), the truth is that spending, taxes and the deficit are all lower today than when President Obama took office.

But Mitt Romney and the Republicans won’t let facts get in the way of their lies about President Obama & the Democrats.

(via seriouslyamerica)

#barack obama  #obama  
10 months ago on July 17, 2012 at 09:51pm
44 notes
via thinkprogress.org
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    Imagine, All that while fighting and winning the war on Bushie’s Great Recession. Who let the honest man into the White...
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    But Mitt Romney and the Republicans won’t let facts get in the way of their lies about President Obama & the Democrats.
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