Tax and Spend

Obama accelerated federal spending to make Q3 look better than it really was to boost Democrats in the election.

"“Real federal government consumption expenditures and gross investment increased 9.9 percent in the third quarter,” reports the Bureau of Economic Analysis, “in contrast to a decrease of 0.9 percent in the second. National defense increased 16.0 percent, compared with an increase of 0.9 percent. Nondefense increased 0.4 percent, in contrast to a decrease of 3.8 percent.”
The last time that national defense and federal spending accelerated this much in one quarter was back in the second quarter of 2009 according to an analysis by the BEA.
The last time that non-defense spending went up this amount was back in the third quarter of 2012.
You might remember it.
That was the time when none of the economists noticed that the administration, in a bid to hold on to the White House, accelerated federal spending in the quarter moving expenditure up from the 4^th quarter into the 3rd. How economists missed the fact that federal spending was moved up in 2012 is still a mystery to me, but it wasn’t until the 4^th quarter, after the election, that the results were apparent."

Every dime government spends is political.