Tuesday, February 12, 2013

Growth In Spending - Recent Presidents

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.

Per-cap-gov-spending

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.

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