Now, if you're the kind of person like me who sometimes thinks about numbers/math, your alarm bells should already be going off. What exactly are we looking at here -- nominal percentages, or have these been adjusted for inflation?
And the next logical thought, of course, is... even if the numbers are real, what do they mean? Only that every President in the last 30 years has spent more money than the guy before him, with some increasing the amount more than others.
Well, that makes sense -- our population has increased, our economy expanded*... if only there were some way to factor all that growth into the equation, some sort of "gross domestic product," if you will.
Luckily, the White House keeps track of all this stuff, so it isn't hard to find. Here I present my graph (based on the President's own data) that puts federal spending into context by expressing it in terms of GDP:
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| Source: U.S. Office of Management & Budget http://www.whitehouse.gov/sites/default/files/omb/budget/fy2013/assets/hist01z2.xls |
Uh-oh! Looks like Obama is the biggest spender after all, followed by Reagan, Bush I, Bush II, and finally Clinton.
I humbly accept your gratitude for restoring the universe in which Reaganomics defeated the Russians by out-spending them, Clinton was a fiscal conservative, Bush II took us back to the Kissinger days, and Obama took us all the way back to FDR and Keynes.
Conservatives: If you truly consider yourselves anti-big-gov't-spending, the republicans' track record over the last three decades CLEARLY shows that you voted for the wrong guys!
Liberals: C'mon -- I expect better of you than this sort of deceptive counter-propaganda spin. But if it fools people into voting for you, I guess shame on them, right?
--Dan Colgate
* Actually, if you take a look at this chart, you'll see that GDP tanked from 2008 - 2009 and has been climbing out of the hole ever since. Let's face it, George W handed Barack the keys to a busted-up car, and Obama would've had to reduce spending pretty drastically just to break even with his predecessor on my graph. The point I'm trying to make is it's dishonest to praise Obama for "low spending." Big spending is one of the many things democrats and republicans share in common.
