On the flight to
Colorado last week, Jay Carney, his press secretary, read him an online
column concluding that he has presided over slower growth in federal
spending than any president since Dwight D. Eisenhower. Mr. Obama liked
it so much he inserted it into his campaign speech.
Just like that, an online column, rather than a detailed study by a
budget office, became fodder for his argument. “Since I’ve been
president, federal spending has risen at the lowest pace in nearly 60
years,” he told supporters in a hotel ballroom in Denver. What he did
not say is that the calculation did not count significant spending in
his early months in office and assumed future cuts that he opposes.
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