Wrong As Usual, Mitt – Federal Spending Growth Is Radically Slower under Obama Than under Reagan, the Bushes or Clinton

Last week in Iowa, Mitt Romney criticized Pres. Obama for his purported runaway spending. “A prairie fire of debt is sweeping across Iowa and our nation,” Romney said, “and every day we fail to act we feed that fire with our own lack of resolve. This is not a Democratic or Republican problem. That fire could care less if you have a donkey or an elephant in your front lawn, it’s still coming for your house.”
But Romney’s basic assertion — that Obama administration economic policies have caused spending to grow faster than the policies of the last few presidents — is patently false:




