Which President was the smallest govt. spender since Eisenhower? (how much, cost, compare)
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The budgets are made in advance. The president is currently in the process of making the 2013 budget. The 2009 budget was made by Bush.
Ignore defense spending is insane on the part of the Cato institute's study. While a president doesn't choose his geopolitical environment, he definitely chooses how to respond to it. It's not like Obama is a peacetime president and Reagan was president during an active war, it's the opposite. Massive military spending is massive government spending, military service people are government employees. It's exactly the same effect as a stimulus.
Quote:
The White House,
February 13, 2012.
That begins with putting the Nation on a path to living within our means...
Total, requirement to borrow from the public
(equals change in debt held by the public) ��
(Dollars amounts in billions)
He thinks you people are GD idiots and you'll go way way out of your way to make sure he's proven right.
Thankfully there's no way in Hades that your creditors will ever let you borrow $9.5 trillion over the next 10 years without severe consequences up to and not limited to your first born, your wife and all of your arms and legs.
This is too easy. This is a recycled meme from several months ago. The Washington Post factcheck blog looked at it and gave it 3 pinocchios (max is 4). Cato's Dan Mitchell really put a microscope on it and came up with several alternate sets of numbers based on varying assumptions. Mirror, Mirror, on the Wall, Which President Is the Biggest Spender of All? | Cato @ Liberty
In his final table, gives spending growth by prez, minus defense and bailouts, based on the thought that a prez does not get to pick his geopolitical environment, and bailouts are usually a consequence of inherited catastrophes.
In that table the results were:
So Obama comes in as the next-to-biggest spender.
And as thecoalman points out above:
In short, the original MarketWatch piece was a deliberate fraud/hoax, and not surprisingly many people were taken in by it. Hopefully it's not to late for some of the early posters in this thread to go back and edit their embarrassing remarks.
Oh how convenient that defense and bailouts were taken out.
And yes Obama was given a huge budget? Your point? Saying the Dem controlled White House spends huge amounts of money compared to the GOP White House is still incorrect.
Oh how convenient that defense and bailouts were taken out.
And yes Obama was given a huge budget? Your point? Saying the Dem controlled White House spends huge amounts of money compared to the GOP White House is still incorrect.
Taking out defense and bailouts seems reasonable to me Defense is a basic function of government and bailouts are generally the result of prior catastrophic decisions.
But if you don't like it, look at the WAPO link. He doesn't take out defense or bailouts. He just debunks the numbers that Rex Nutting produced.
We have a bunch of D-student algebra rejects floating around here drooling on the floor.
Hey guys, pottery class is down the hall.....and yes, I want fries with that.
At times I believe they cannot be as stupid as they pretend to be. At other times I think...They really are that stupid.
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