"President Bush increased government spending more than any of the six presidents preceding him, including LBJ." I didn't write that: The astute libertarian economist Veronique de Rugy did. She also points out that during his eight years in office, Bush's "anti-government" Republican administration increased the federal budget by an extraordinary 104 percent. By comparison, the increase under President Bill Clinton's watch was a relatively measly 11 percent (a rate, I might add, lower than during Ronald Reagan's). In his second term, Bush increased discretionary spending -- that means non-Medicare, non-Social Security -- 48.6 percent. In his final year in office, fiscal 2009, he spent more than $32,000 per American, up from $17,216.68 in fiscal 2001.
Veronique de Rugy | Mercatus
No comments:
Post a Comment