Government Spending - 3/24/2009
Republicans often accuse Democrats of "tax and spend" tactics. So I thought I would share some figures from a recent article I saw on
Yahoo News. The figures are for each of the past three presidential administrations that were in office for 8 years each, so the
comparisons are equal. Also the amounts are stated as percentages so there is no need to adjust dollars for inflation.
Increase in government spending during their 8 years in office...
Republican Ronald Reagan - 69 percent.
Democrat Bill Clinton - 32 percent.
Republican George W. Bush - 68 percent.
The size of the government as a share of total economic production...
Republican Ronald Reagan - shank slightly from 22.2 percent to 21.2 percent.
Democrat Bill Clinton - dropped from 21.4 percent to 18.5 percent.
Republican George W. Bush - grown from 18.5 percent to 22 percent.
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