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Cato's Top Five Spending Presidents: It's Bush by a Mile.

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swag Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-05 04:34 PM
Original message
Cato's Top Five Spending Presidents: It's Bush by a Mile.
via "The Economist's View" at http://economistsview.typepad.com/

http://www.cato.org/pubs/tbb/tbb-0510-26.pdf

The increase in discretionary spending - that is, all nonentitlement programs - in Bush's first term was 48.5 percent in nominal terms. That's more than twice as large as the increase in discretionary spending during Clinton's entire two terms (21.6 percent), and just higher than Lyndon Johnson's entire discretionary spending spree (48.3 percent).

Some neat graphs and charts:




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WritingIsMyReligion Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-05 04:36 PM
Response to Original message
1. I'm shocked!
Shocked, I tell ya! Shocked!

:sarcasm:
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jedicord Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-05 04:36 PM
Response to Original message
2. Looks awful Republican heavy to me.
So tell me again why Dems are called "spenders"?
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CrispyQ Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-05 04:49 PM
Response to Reply #2
4. We're the
tax & spend party; they are the borrow & spend party.
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Jack from Charlotte Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-05 04:42 PM
Response to Original message
3. Also note who the 3 top DEFENSE cutters were.......
1. Nixon
2. Elected Bush
3. G. Ford

Aren't those guys all Rethugs?
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swag Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-07-05 08:01 AM
Response to Reply #3
16. Interesting.
And Nixon and Elected Bush both had wars to deal with during their defense-cutting terms.
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ComerPerro Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-07-05 08:05 AM
Response to Reply #3
18. Yeah, I noticed the same thing
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Inland Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-05 04:50 PM
Response to Original message
5. Now, does this include Iraq and Katrina, or not?
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Roland99 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-05 05:00 PM
Response to Reply #5
7. *1st term only
Does not include Katrina nor any Iraq supplemental spending this year.
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charlie Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-05 05:02 PM
Response to Reply #7
8. He's neck and neck with Johnson
in the first term, blows his doors off in the second.
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applegrove Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-05 04:53 PM
Response to Original message
6. Them Repukes love that debt - especially when there are no grateful
citizens to show for it. Okay so Reagan won the cold war by driving the Soviets into the ground. So why did Bush turn that "economic weapon" on his own people?
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enid602 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-05 05:02 PM
Response to Original message
9. Preznit
Higher discretionary spending levels is one thing, but what amazes me is not only the extent of the spending but how Bush manages to spend the absolute least possible on things which benefit the most citizens. Very little social spending. Also, I think he is STILL the only president in US history to have NEVER vetoed a spending bill. Why, he's the drinkinest, spendinest rootin-tootin (no pu intended) Preznit we've ever had!!!
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swag Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-05 08:06 PM
Response to Reply #9
10. Hey, he couldn't have done it without Frist and Hastert.
Credit (excuse the pun) where credit is due!
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KelleyKramer Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-05 10:40 PM
Response to Original message
11. Emailing this to my wingnut friends

Bush is not really a conservative, never was, and this is yet another thing that proves it.

Thanks for posting!
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swag Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-05 10:58 PM
Response to Reply #11
12. Very good.
This evidence from the Cato libertarians, and a mountain of other data show that contemporary Republicans are embarrassing fiscal incontinents. They borrow the future to throw away the present.

George W. Bush is the all-time king of wasteful government spending, bar none.
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KelleyKramer Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-05 11:34 PM
Response to Reply #12
15. Against states rights, you name it

Almost every single cornerstone of traditional Republican conservatism and this Bush/Cheney gang move against it.

George Bush is the first president in US history to complete a term and never veto a single bill. Bush/Cheney never saw a spending bill they didnt like.

Amazing how after 4 years of this, a self proclaimed conservative can vote for the most UN-conservative and corrupt Republicans in history.

If thats not enough, today they find themselves defending treason and the outting of a CIA front company fighting the war on terror.
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nvliberal Donating Member (618 posts) Send PM | Profile | Ignore Thu Oct-06-05 11:04 PM
Response to Original message
13. Cato has no right to bitch.
The extremist outfit has a lot of influence on the administration, especially with regard to Social Security piratization.
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swag Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-05 11:10 PM
Response to Reply #13
14. Yes, but isn't this nice evidence that they present?
Edited on Thu Oct-06-05 11:11 PM by swag
I loathe these free-market fetishists, but not as much as I despise what the Bush Administration is doing to the country and the world.
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ComerPerro Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-07-05 08:04 AM
Response to Original message
17. OMG!!! Look how GHWB completely GUTTED the military!!!!!
looks like he cut defense spending even more than Clinton. What will FReepers say to that?

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swag Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-07-05 01:21 PM
Response to Reply #17
19. Gee, no wonder the WTC got bombed in Feb '93.
The terrorists saw how GHWB had gutted the military and knew our country was weak.
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ComerPerro Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-07-05 01:41 PM
Response to Reply #19
20. Exactly. GHWB set us up for the WTC bombing in 1993, due to his
cuts in defense spending.
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