This is what total annual federal spending, adjusted for inflation, looks like. The chart is from the FRED database — Federal Reserve Economic Data — maintained by the Federal Reserve Bank of St. Louis:
Blaming federal spending and the deficit on Barack Obama, as Republicans did last night and have done for years now, is like a scene from an old movie. You know the one: The bank robber comes barreling out of the bank, gun in one hand and money bag in the other, with cops hot on his trail.
“Here, hold this for me,” the crook says, handing the bag to someone and then trying to make his getaway. In this case, that “someone” designated to take the fall is a tall, thin black man.
— Jay Bookman