Monday, January 07, 2013

Obama in deep denial: claims US does not have a spending problem

Writing in the Wall Street Journal, Stephen Moore reports on Boehner's take on his negotiations with the President:
The president's insistence that Washington doesn't have a spending problem, Mr. Boehner says, is predicated on the belief that massive federal deficits stem from what Mr. Obama called "a health-care problem." Mr. Boehner says that after he recovered from his astonishment—"They blame all of the fiscal woes on our health-care system"—he replied: "Clearly we have a health-care problem, which is about to get worse with ObamaCare. But, Mr. President, we have a very serious spending problem." He repeated this message so often, he says, that toward the end of the negotiations, the president became irritated and said: "I'm getting tired of hearing you say that."
Below is a graph showing how Federal spending skyrocketed after Obama's "stimulus" bill in January 2009:

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