About this time last year, with the White House about to release a new budget, the press was filled with stories about President Obama being a tough-minded budget cutter.
Once the budget was released, I looked at the real numbers and explained how the burden of government spending would jump by $2 trillion in just 10 years if the President’s plan was enacted.
So why is there such a disconnect? Why does the establishment media report about “cuts” that would “slash” the budget, when actual spending is rising?
I explain this scam to John Stossel.
I made similar points last year in this interview with Judge Napolitano.