Courtesy of Think Progress:
Derek Thompson's take:
This is an inconvenient truth. It is inconvenient for Mitt Romney that spending, taxes, and the deficit are all lower today than when President Obama took office. It is inconvenient for liberals (not to mention, really inconvenient for the unemployed) that we've been overly aggressive in paring down our deficits even with high unemployment and huge cuts to state and local government. It is inconvenient to tax reformers seeking to raise revenue, since Obama has compounded the extension of the Bush tax cuts with yet more tax credits and a payroll tax cut.
Wait a minute. Is this still America? Sometimes the sheer Kenyan anti-colonial radicalism of this president is beyond belief. He just cuts and cuts taxes and shoves austerity down our throats. If only we'd listened to Dinesh D'Souza.