http://www.nytimes.com/interactive/2012/06/12/us/politics/stump-speech-analysis-obama-romney.html?ref=politics
“Since President Obama assumed office two and a half years ago, federal spending has accelerated at a pace without precedent in recent history, taking us from an already staggering $3.5 trillion in federal spending in 2010 to a projected $5.6 trillion within the next decade.”
Mitt Romney Sept. 29, 2011, Manchester, N.H.
“Since I’ve been president, federal spending has risen at the lowest pace in nearly 60 years.”
Barack Obama May 23, 2012, Denver
Federal spending during this presidency has neither gone up “at a pace without precedent in recent history,” as Mr. Romney claims, nor “at the lowest pace in nearly 60 years,” as Mr. Obama claims.
there are truths and lies, exaggerations and misinformation in order to know we have to search for both sides, only adhering to one side leaves you "half cocked"
“I will cap federal spending at 20 percent or less of the economy and finally, finally balance the budget.”Mitt Romney June 2, 2011, Stratham, N.H.
Forget for a moment the immense difficulties entailed in capping federal spending at 20 percent of the gross domestic product, which would require big budget cuts.
“Government at all levels now consumes about 38 percent of the economy, and if Obamacare is installed, that will rise to about half of the economy.”Mitt Romney May 8, 2012, Lansing, Mich.
While Mr. Romney’s description of the government’s current share of the economy is close, his estimate of the impact of President Obama’s health care law on government spending is wildly misleading.
this is why we all need to get the corrections out there, we can't feel safe that those who don't know they don't know will believe this elephant dung or not, safe is always better then sorry. each one teach one
