The Wizard:

Just a quick observation: for the past couple of days I’ve been seeing in a lot of places, including comments on this blog, the assertion that federal spending has risen 37 percent under Obama — that specific number. Does anyone know where it’s coming from? Because if I look at the actual data, I see federal spending rising from $3.475 trillion in fourth-quarter 2008 to $3.917 trillion in fourth-quarter 2012 — a rise of 12.7 percent.

Obviously this is coming from somewhere, and being broadcast by Rush or somebody. But it’s still kind of amazing how a totally wrong number can become part of what everyone on the right just knows to be true.

Not only that – look at this:

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That’s the natural log of federal spending per-capita. As you can see, it grows slowly, then a little more quickly, then back to slowly, then aaaaaalmost flatlines during the Clinton administration, then takes off during the Bush administration. When the recession hits it accelerates before hitting a total wall. That’s what austerity looks like.

You can also see this as a percentage change:

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That’s the first instance of federal spending per-capita shrinking in…well, how long?

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Looks like the answer is “since Eisenhower got us out of Korea.”

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