Econstudentlog

A few numbers: Federal spending during the Bush Era

Spending under Bushjoanna.xls

derugy_gwb_figure2_federalbudgetannualgrowth

Spending under Bushjoanna.xls

joanna.xls

From this mercatus publication. The conclusion:

Republicans often claim to be the party of smaller government. Many Republicans would express support for Ronald Reagan’s observation: “Growth, prosperity and ultimately human fulfillment, are created from the bottom up, not the government down.”2 Unfortunately, once Republicans are elected to political office, they tend to fall into the Washington trap of assuming that more federal spending will solve the nation’s problems. Certainly, President Bush appears to have fallen into this trap. So did the Republicans in Congress.

Well, that’s one way of putting it. I might have put it a bit differently.

April 27, 2009 - Posted by | data, economics

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