Rex Nutting exposes the myth of runaway federal spending
by the Obama administration. In fact,
spending under Obama has been relatively flat, with a 1.4% growth rate, as
compared to the rates of growth under Reagan, Bush pere
, Clinton, and Bush dubya
,
which ranged from 3.2% (Clinton I) to 8.7% (Reagan I).
Obama is spending is like wild-fire
As everyone knows, the predictions are dire.
Now Mitt says he’ll put an end to all that
Trouble is, the spending’s been flat
It’s a myth that the right likes to spread
But as for the evidence, there’s not a shred.
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