But GW Bush Increased Spending Too!

Today’s WSJ has a great analysis of Obama’s proposed 2013 budget.  FYI, this is the budget which is supposed to explain why reelecting him is a good idea and if you’re curious about the flaws in his plan, read the article here.

But what really blew my mind were the two charts in the article.  The first shows the increase in public (i.e. government) debt since the year 2000.  I feel like printing this on the back of a business card to show to every liberal who says to me, “George Bush raised the debt too!”

The second chart shows government spending versus receipts since the year 2000.  Notice how they work in opposition?  Is this an example of government spending actually crowding out the private sector?

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About Mystic Cowgirl

I worked overseas in the aid game for longer than I'd like to admit and learned several important things: 1) Third World countries aren't poor because America is rich. They're impoverished due to socialist governments that provide neither rule of law nor basic infrastructures; 2) These socialist governments redistribute wealth from taxpayers to the government workers. There's no benefit to the poor or downtrodden, and certainly not to the general welfare in terms of infrastructure improvements. 3) America is moving toward the Third World model. Rule of law has been subverted because equality under the law is disappearing as special interests carve out exemptions to regulations and special favors under the law. The redistribution of wealth to government began decades ago -- total compensation for government employees now outpaces salaries in the private sector.
This entry was posted in conservative politics, Economy, news politics, Obama, political issues and tagged . Bookmark the permalink.

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