As Politifact rated as “mostly true” – the increase in government spending under President Obama has increased at the slowest rate in nearly 60 years (source). And that’s actually hurting the economy; if government spending grew at the same rate that it did under Bush Jr. or Ronald Reagan – unemployment would have been below 7% by election day (source). So – President Obama is managing a real balancing act here between addressing the long term debt, negotiating with Republicans intent to sabotage the economic recovery and still growing the economy via Keynesian economics means. That’s a tough needle to thread.
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