Feb. 12, 2013
Joblessness, Welfare, Debt – And Tax Hikes
Washington Post: $37 billion of "cuts" to government spending failed to actually cut much of anything. In fact, many of the programs and projects — at least $17 billion — that were nixed were not real to begin with.
Because government spending is baked into the books on how the Gross Domestic Product is arrived at, any real cuts in government spending are, in Obama's book, a threat to our economy.