Note that nearly half of that $4.3 trillion occured in the last two years of his presidency, when the Demonrats had taken over Congress.
Bad start to a new century. Makes you wonder what the beginning of the 22th century will be like. Of course, we’ll all be long gone by then.
This paper examines the growth of government during this century as a result of giving women the right to vote. Using cross-sectional time-series data for 1870 to 1940, we examine state government expenditures and revenue as well as voting by U.S. House and Senate state delegations and the passage of a wide range of different state laws. Suffrage coincided with immediate increases in state government expenditures and revenue and more liberal voting patterns for federal representatives, and these effects continued growing over time as more women took advantage of the franchise. Contrary to many recent suggestions, the gender gap is not something that has arisen since the 1970s, and it helps explain why American government started growing when it did.
One word: TAXES!. “The power to tax is the power to destroy”. When people realized that they had the ability to take your money away from you to enrich themselves, and promote their personal wants and goals, through the use of government force, to use the government as a tax collecting sherriff who can take everything and anything away from you at the risk of life and limb, solely to profit someone else who dictates the sherriffs actions for their own enrichment, without fight, protest, or retaliation, do you know that you have become just another slave or serf, bound to heed your master’s call.
If we take Mr Obama’s first term to cover fiscal 2009 to fiscal 2012, the rise over fouryears was $US 6.050 TRILLION.
The Obama debt and current levels of government spending will be the ruin of this nation . Hope Romney says this in the debate.