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Bush Beats LBJ on Spending [a report from Cato Institute]
Cato.org ^

Posted on 10/09/2005 7:59:30 AM PDT by alessandrofiaschi

In the latest Cato Tax and Budget Bulletin, Stephen Slivinski uses revised data released during the summer by the Congressional Budget Office (CBO) to make side-by-side comparisons of the spending habits of each president during the last 40 years.

While the data show that all presidents presided over net increases in spending, George W. Bush is shown to be one of the biggest spenders of them all, even outpacing Lyndon B. Johnson in terms of discretionary spending.

An excerpt from the report: "The increase in discretionary spending - that is, all nonentitlement programs - in Bush's first term was 48.5 percent in nominal terms. That's more than twice as large as the increase in discretionary spending during Clinton's entire two terms (21.6 percent), and just higher than Lyndon Johnson's entire discretionary spending spree (48.3 percent)."



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KEYWORDS: america; army; budget; bush; bushisnotreagan; business; carter; cato; clinton; clintonism; congress; conservatism; conservatives; constitution; data; defense; democrats; economics; economy; education; eminentdomain; federalspending; fiscalconservatism; foundingfathers; freemarket; gop; government; growth; gwot; iraq; klinton; lbj; liberal; libertarian; lyndonbjohnson; market; medicare; military; pileon; pinglist; presidency; president; reagan; report; republicans; senate; spending; statistics; tax; taxes; taxspend; us; usa; war; wh; whitehouse; wlbj; wot
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To: alessandrofiaschi

This Country would have been so much better off with a President John Kerry or a President Howard Dean or.....


41 posted on 10/09/2005 9:11:33 AM PDT by verity (Don't let your children grow up to be mainstream media maggots.)
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To: gondramB
Reagan is first. Even if with a Democrat Congress he succeeded in reducing Domestic expenditure.


42 posted on 10/09/2005 9:12:10 AM PDT by alessandrofiaschi
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To: alessandrofiaschi

Spending needs to be cut; however, I am not sure CATO is sufficiently compensating for Bush having to deal with 9/11 at a time when the country was in recession.

He chose to spend his way out these events; IMO, he had no alternative.


43 posted on 10/09/2005 9:12:12 AM PDT by Loyal Buckeye
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To: verity
You're another member of "Cult of Bush's family" group. I start thinking that Free Republic is not really a conservative blog, but a Bush blog.
44 posted on 10/09/2005 9:14:40 AM PDT by alessandrofiaschi
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To: alessandrofiaschi

If that is your only measure. I was looking at total spending.


45 posted on 10/09/2005 9:20:28 AM PDT by gondramB (Conservatism is a positive doctrine. Reactionaryism is a negative doctrine.)
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To: alessandrofiaschi

Yes, Bush spends too much. He hasn't controlled our borders either. Sounds like a lot of other Presidents too.


46 posted on 10/09/2005 9:33:54 AM PDT by Toddsterpatriot (If you agree with Marx, the AFL-CIO and E.P.I. please stop calling yourself a conservative!!)
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To: Loyal Buckeye
I am not sure CATO is sufficiently compensating for Bush having to deal with 9/11 at a time when the country was in recession. He chose to spend his way out these events; IMO, he had no alternative.

President Bush cut taxes to get the country out of a recession and get the economy moving, and that was the right thing to do. However, he also boosted spending enormously and for that he has no excuse. He could easily have vetoed bloated spending bills from Congress and his vetoes would have been upheld. Pretty soon Congress would have gotten the message that they'd better pare things down themselves or they would not get any spending passed. Instead Bush has sent Congress the message that they can add all the pork they want and never give a thought as to whether Bush will veto it.

So let's see, Bush has signed McCain-Feingold; enacted steel tariffs; strong-armed Congress into approving the fantastically expensive Medicare drug entitlement program; signed an enormous farm subsidy program; joined forces with Senator Kennedy to greatly boost federal spending on education; signed the grease-laden transportation bill; etc.

A Republican Congress which was at constant war with President Clinton was able to slow down the increase in federal spending to the point where we had a cash-flow budget surplus and the current national debt was being paid down. The combination of a Republican President and a Republican Congress has resulted in skyrocketing spending, huge yearly budget deficits and a giant upward spike in the national debt.

That's "compassionate conservatism". That's today's Republican Party.

47 posted on 10/09/2005 9:35:19 AM PDT by dpwiener
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To: dpwiener

While I don't agree with the concept that the Gov't. way overspends, we should not ignore the financial consequences of 9/11 at the time we were in recession.

The discount rate wasn't reduced to around 1% for no reason.


48 posted on 10/09/2005 9:40:24 AM PDT by Loyal Buckeye
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To: Itzlzha

PING


49 posted on 10/09/2005 9:53:10 AM PDT by Stellar Dendrite ( Mike Pence for President!!! http://acuf.org/issues/issue34/050415pol.asp)
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To: Acts 2:38

LOL


50 posted on 10/09/2005 9:53:32 AM PDT by Stellar Dendrite ( Mike Pence for President!!! http://acuf.org/issues/issue34/050415pol.asp)
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To: verity

This Country would have been so much better off with a President John Kerry or a President Howard Dean or.....



Well since this is comparing the President and the Congress via the first Bush term I guess we would have been light years better off had Gore one the 538 votes necessary in FL...


51 posted on 10/09/2005 9:59:52 AM PDT by deport
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To: Loyal Buckeye
When Hoover became protectionist and big spender, F. D. Roosevelt (announced as fiscal democrat) won his first Election.
52 posted on 10/09/2005 10:05:39 AM PDT by alessandrofiaschi
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To: Loyal Buckeye

"I am not sure CATO is sufficiently compensating for Bush having to deal with 9/11 at a time when the country was in recession. He chose to spend his way out these events; IMO, he had no alternative."

I'm not sure Cato is cpompensating at all.

I am extremely unhappy with the defecict.
But clearly 9/11 is a major factor in the defecit.


53 posted on 10/09/2005 10:07:07 AM PDT by gondramB (Conservatism is a positive doctrine. Reactionaryism is a negative doctrine.)
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To: alessandrofiaschi

He's also matched Reagan in tax cuts. Which would be fine except for, you know, all the spending.


54 posted on 10/09/2005 10:09:03 AM PDT by Zeroisanumber
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To: alessandrofiaschi

hmmm, Bush or a Lib/Dem?


WTF is the difference when it comes to spending? Bush beats 'em hands down.


55 posted on 10/09/2005 10:09:33 AM PDT by trubluolyguy (Ready, Stop! Hamster Time!)
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To: krshnbrn
We better find the real thing for 08 or alot of fiscal conservatives are just staying home.

Draft Mike Pence, 2008.

56 posted on 10/09/2005 10:11:02 AM PDT by NeoCaveman (trust but verify)
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To: Dane

The thing is that Bush is fighting a war, much like LBJ was, and Bush also has to deal with a destroyed american city, as well as the direct & indirect impact of kamikazie bombers in downtown manhattan.

Some people seem to think being 'principled' means turning off their brains at the door. A shame.


57 posted on 10/09/2005 10:11:57 AM PDT by HitmanLV
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To: Stew Padasso
I wonder what the non-discretionary spending numbers look like for Bush?

Non-discretionary, is by definition, on autopilot.

58 posted on 10/09/2005 10:12:16 AM PDT by NeoCaveman (trust but verify)
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To: Dane
Uh, homeland security and defense are not unecessary items, IMO, as the eggheads at Cato think.

Straw man. Did they say they were unneccessary? Anyway, lets you forget, Johnson was also fighting a war. One that involved more troops than the Iraq war, and he did so while the Cold War was raging.

59 posted on 10/09/2005 10:51:14 AM PDT by Rodney King (No, we can't all just get along.)
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To: bkepley
Cato is Libertarian. Some of those guys are so dogmatic they think national defense should be privatised.

OK fine. Does that mean that what they are saying here is not true?

60 posted on 10/09/2005 10:53:04 AM PDT by Rodney King (No, we can't all just get along.)
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