Read this piece by Rex Nutting at MarketWatch. Here's an excerpt:
As would-be president Mitt Romney tells it: “I will lead us out of this debt and spending inferno.” Almost everyone believes that Obama has presided over a massive increase in federal spending, an “inferno” 
of spending that threatens our jobs, our businesses and our children’s future. Even Democrats seem to think it’s true. But it didn’t happen. Although there was a big stimulus bill under Obama, federal spending is rising at the slowest pace since Dwight Eisenhower brought the Korean War to an end in the 1950s.Even hapless Herbert Hoover managed to increase spending more than Obama has.
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Posted by: GED Online | Thursday, May 24, 2012 at 03:16 AM