1/20/2010

Compare the growth in government under Obama in one year to the growth under any previous president since Eisenhower


Numbers adjusted for inflation.

“There is no doubt that we've been living beyond our means and we're going to have to make some adjustments. Now, what I've done throughout this campaign is to propose a net spending cut.” President Obama during the third presidential debate with John McCain.

UPDATE:

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posted by John Lott at 6:07 PM

4 Comments:

Blogger Rakewell said...

How does the graph compare if defense spending is included?

1/20/2010 7:16 PM  
Blogger Zundfolge said...

Wow, an actual LEGITIMATE "Hockey Stick" Graph.

1/20/2010 8:16 PM  
Blogger Unknown said...

Wealth Gap Is Increasing, Study Shows

The rich really are getting richer and the poor are getting poorer, a new University of Michigan study shows. Rising inequality isn't new. The gap between rich and poor started growing before Ronald Reagan took office, and it continued to widen through the Clinton years.

But what happened under Bush is something entirely unprecedented: For the first time in our history, so much growth is being siphoned off to a small, wealthy minority that most Americans are failing to gain ground even during a time of economic growth -- and they know it. http://www.sciencedaily.com/releases/2007/08/070807171936.htm


WATCH MOORE'S CAPITALISM FILM - It shines a light on both Rep and Dem darkness.

1/21/2010 2:23 PM  
Blogger Raven Lunatic said...

What is the source of this graph?

1/27/2010 11:34 PM  

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