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To: MikeA
Federal spending was 21.0% of GDP in 1994, Clinton and the Dem congress's first budget, and was reduced each subsequent year to a low of 18.4% in 2000.

The current drunken sailor in chief has presided over inflating that number back up to about 20.5% for this year including Katrina spending.

Federal budget historical tables.

15 posted on 09/26/2005 11:48:38 AM PDT by CGTRWK
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To: CGTRWK

My source was the Wall Street Journal for the figures I cited. I guess I can't dispute the link you sent though I didn't bother to read it since it was just way too much information to deal with right now. I have no reason to disbelieve the Journal's figures however, and the 21.6% I cited was actually a figure from 1998 and 1999, not 1994. They also recently cited the 17% figure for current spending levels.

Anyway, I don't know what to make of the disparity. Maybe I, you or us are misinterepreting something in the data we saw. Perhaps later if I have time I will sort through that PDF file you linked to in order to make heads or tails of it.

However, if spending went down as a percent of GNP under Clinton, it wasn't through spending discipline, that's for sure. It was through the rise of the GNP that the relative portion of spending went down.


17 posted on 09/26/2005 11:58:54 AM PDT by MikeA
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