Presidential spending per capita

Discussion in 'Politics' started by billwald, Jun 3, 2012.

  1. billwald

    billwald
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    http://economistsview.typepad.com/e...-capita-government-spending-by-president.html

    "To compare presidencies, I did the calculation two ways. One starts in the quarter before the president was elected (e.g., 2008Q4), the other starts in the first quarter of the presidency (e.g., 2009Q1). (The ARRA probably had some effect in Q1, but most of the change was simply economic conditions that the incoming president had nothing to do with, so I think I prefer the Q1 to Q1 method). Ranking since Johnson (starting in 1968), and using the first-quarter comparisons, and calculating growth under Obama through 2011Q4, Clinton is the most austere, followed by Obama. The most spendthrift are (1) Nixon-Ford, (2) Reagan, and (3) Bush II. The figure is pasted below:"
     
  2. targus

    targus
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    This tell us nothing.

    There is no real explanation of the methodology of the calculations.

    Does it include one time spending (ie bailouts)?

    Are tax cuts counted as spending?

    I suspect that it is nothing more than ideological statistical lies.

    Obama has spent far more than any other President ever.

    A person would have to be a seriously delusional to believe otherwise.
     
  3. LadyEagle

    LadyEagle
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    I bet it also doesn't include the trillions of dollars they stole from our Social Security fund - yes, stole - in order to "balance their budgets" when they used tricky accounting methods. They are all crooks.
     

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