The Rogue Investor » Resources http://www.therogueinvestor.com Simply. Investing Wed, 30 Nov 2011 06:27:49 +0000 en hourly 1 http://wordpress.org/?v=3.3 Quote of the Day: Obama Spending http://www.therogueinvestor.com/quote-day-obama-spending/ http://www.therogueinvestor.com/quote-day-obama-spending/#comments Thu, 28 Jul 2011 15:44:12 +0000 Alex Stewart http://www.therogueinvestor.com/?p=2593 From the WSJ article, Review & Outlook: The Road to a Downgrade:

Then came Mr. Obama, arguably the most spendthrift president in history. He inherited a recession and responded by blowing up the U.S. balance sheet. Spending as a share of GDP in the last three years is higher than at any time since 1946. In three years the debt has increased by more than $4 trillion thanks to stimulus, cash for clunkers, mortgage modification programs, 99 weeks of jobless benefits, record expansions in Medicaid, and more.

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Courtesy of the Wall Street Journal

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