海角大神

Obama blames Romney for spreading 'cow pie of distortion.' Is he right?

Mitt Romney had criticized the Obama administration's accumulation of US debt. Big numbers such as America鈥檚 debt may seem solid, but they鈥檙e not.

President Obama during an Iowa campaign appearance on Thursday went after Mitt Romney with a vengeance. Among other things, Mr. Obama said that a recent Romney speech criticizing the administration鈥檚 accumulation of US debt was a 鈥渃ow pie of distortion.鈥�

鈥淚 don鈥檛 know whose record he twisted the most 鈥� mine or his,鈥� said Obama to laughter from the crowd at the Iowa State Fairgrounds in Des Moines.

Um, OK. That鈥檚 a pretty pungent metaphor for those of us who aren鈥檛 hearing it in the context of a Midwestern livestock arena. Is the president right?

We鈥檒l note first of all that big numbers such as America鈥檚 annual deficit and the accumulated debt seem solid, but they鈥檙e not. They鈥檙e prone to manipulation in analysis, depending on which numbers you choose, what your start and end dates are, and so forth.

In particular, Obama was responding to a Romney charge that a 鈥減rairie fire of debt鈥� is sweeping the United States. (Do speechwriters get together in a bipartisan manner to dream up unfortunate metaphors? Dried cow patties could fuel a prairie fire, though. Just saying.)

In Iowa Thursday, Obama said that it鈥檚 true the recession has added to the debt. More people need unemployment insurance. Tax receipts are lower.

Obama kind of glided past the unpopular phrase 鈥渟timulus spending,鈥� however, saying only that his administration鈥檚 efforts had helped keep the US auto industry alive and more teachers on the job.

鈥淏ut what my opponents didn鈥檛 tell you was that federal spending since I took office has risen at the slowest pace of any president in almost 60 years,鈥� said Obama.

This assertion has become an article of faith among Democrats in recent days. It stems from an of MarketWatch in The Wall Street Journal that found federal spending under Obama has risen at an annualized rate of only 1.4 percent.

That鈥檚 the slowest pace since President Dwight D. Eisenhower.

鈥淥f all the falsehoods told about President Barack Obama, the biggest whopper is the one about his reckless spending spree,鈥� Mr. Nutting writes.

However, a of that same ground on Friday finds methodological problems with Nutting鈥檚 analysis. (See our warning about the fluidity of apparently solid numbers, above.)

We won鈥檛 go into depth here, beyond noting that according to the Post, Nutting shaves off much of Obama鈥檚 first year in office, attributing that to locked-in budgets put in place by President Bush. He also assumes that drastic automatic cuts now looming because of a congressional budget clash will, in fact, happen.

Under Obama, federal spending as a percentage of the US gross domestic product has risen from 20.8 percent to 23.3 percent. Washington Post fact checker Glenn Kessler gives the 鈥渟lowest since Ike鈥� assertion, which was repeated Thursday by White House spokesman Jay Carney, a rating of Three Pinocchios. That means Mr. Kessler finds it mostly wrong.

鈥淭he White House might have a case that some of the rhetoric concerning Obama鈥檚 spending patterns has been overblown, but ... the picture is not as rosy as [Mr. Carney] portrayed it when accurate numbers, taken in context, are used,鈥� writes Kessler.

Think this is the final word on the subject? We doubt it. We suggest reading the analyses listed above, and the inevitable responses and counterresponses, for yourselves.