SOTU FACT: If Government Spending Created Growth, Our Economy Would Be Booming

| February 13 2013

CLAIM: We need more ‘stimulus’-style government spending to boost the economy.\

  • “Tonight, I’ll lay out additional proposals that are fully paid for and fully consistent with the budget framework both parties agreed to just 18 months ago.  Let me repeat – nothing I’m proposing tonight should increase our deficit by a single dime.” (President Obama, State of the Union Address, February 12, 2013)

FACT: After an unprecedented four-year spending binge by Washington, millions remain unemployed, prices are rising, and our debt threatens long-term growth.

BOEHNER QUOTE: “If government spending were what causes economic growth, as the president believes, then the economy today should be booming, and the unemployment rate in America should be plummeting.” (Speaker Boehner: Wrong Time for POTUS to Scrap Jobs Council & Delay Budget, 2/1/13)

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