Sunday, January 3, 2010

Hey Big Spender- Bush's Fault!

Why it really is GWB's fault- he really raised the bar on government spending of all types, showing the next regime what was possible. Thanks Alot! Didn't buy him any friends either...
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Spending in Bush’s first year (FY2001) was $1.863 trillion, thus he presided over an 83-percent increase in overall federal spending, which includes defense, domestic, entitlements, and interest. Even without TARP and Fannie/Freddie, spending was up a huge 70 percent under Bush over eight years. By contrast, total spending under eight years of President Clinton increased just 32 percent. These are the overall increases in nominal dollars.




http://www.cato-at-liberty.org/2009/12/19/george-w-bush-biggest-spender-since-lbj/

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