This chart — which you should really take a look at — shows that President Obama has overseen the biggest drop of government spending in half a century when you put together government spending at all levels. And that rebuts wild Republican claims that the President has pushed through a massive binge of spending. And yet, is this a good thing? Dramatic drop offs in government spending during a massive contraction is actually a really bad thing — at least if growth or lowering unemployment is one of your goals.
Definitely give this piece a look.
