Economist Mark Thoma has posted a bar chart showing per capita changes in government spending under recent presidents (Nixon to present). You may find it interesting.
Had there been growth instead of contraction during Obama's presidency, it seems fair to suggest that unemployment would have already returned to a normal range.
We have Republicans in both houses of Congress to thank for where we stand.
Tuesday, February 12, 2013
Growth In Spending - Recent Presidents
Topic Tags:
economics,
government
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