Cato Institute published a report on the spending habits of American presidents over the past 40 years. The result? George W. Bush is a spendthrift liberal.
As it turns out, George W. Bush is one of the biggest spenders of them all. In fact, he is an even bigger spender than Lyndon B. Johnson in terms of discretionary spending.
(...)
By the end of Reagan's tenure, defense spending was up in nominal terms but down considerably once you adjust for inflation. All told, Reagan presided over a real nondefense discretionary spending cut of 9.5 per cent.
Contrast that with Bush's spending so far. He has presided over massive increases in almost every single category.
And get this -- the spending increase is not fully explained by military spending. .
1 comment:
Wait a second. I thought George Bush caused hurricane Katrina by stripping away social spending to fund his vile war?
Post a Comment