Are republicans delusional? or is it just fox news?

[mrstickball]

richardhutnik said:

mrstickball said:

Problem is, that government spending isn't just "Is what it is" - its increased significantly within the past few years, and continues to grow. Spending as a percentage of GDP is at the highest level ever - even higher than WW2. Revenues have certainly dropped, but that only accounts for about 30% of the problem.

The current rate of growth is lowest in decades:

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

http://articles.marketwatch.com/2012-05-22/commentary/31802270_1_spending-federal-budget-drunken-sailor

One can debate the 2009 budget and if that is under Obama or not, but the reality is that the budget's growth is now slow.  The fiscal cliff is of concern, because of the fact it will take even more out of the economy, and that is of concern that it will slow economic growth.  Revenues have stalled due to economic issues, and with this resulted also in an increase in spending on social safety net issues.

The past few years it hasn't significantly increased.  It significantly increased in the 2008-2009 time period, when the financial markets melted down, and TARP and other bailouts were being passed.

 

The growth under Obama isn't the problem, true, but its the sustaining of an insane jump in spending under the 08-09 budget, which was written under Bush.

The stimulus spending wasn't a spike - its been a sustained amount since that budget. Although growth has indeed slowed (only 10% under Obama's budgets), there is still the reality that the amount and the deficit added has been unbelievably bad.