Obama shows about a much “restraint” at government spending as Michael Moore does at an all-you-can-eat buffet.

Via Beltway Confidential:

White House Press Secretary Jay Carney insisted to reporters on Air Force One today that President Obama has “demonstrated significant fiscal restraint” and applied a “balanced approach.”

Carney cited an article by financial columnist Rex Nutting of MarketWatch, which was also cited by David Axelrod this morning on Twitter.

As AEI’s Jim Pethokoukis writes, Nutting arrives at these numbers by assigning 2009 government spending to George W. Bush.

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