And That’s a Good Thing?

June 5, 2012 6:41 a.m.

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.

Masthead Masthead
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