U.S. Treasury Secretary Timothy Geithner listens to questions as he testifies before the Senate Budget Committee on "The President's FY2010 Budget and Revenue Proposals" on Capitol Hill in Washington, March 12, 2009. REUTERS/Jim Young
..... Has anyone noticed the chart in the background.
SURPRISE!
After all the blouse-ripping Democratic histrionics about W’s “profligate spending”, federal spending as a percentage of GDP was actually aa or below the average for the past 50 years - even with the military operations in Iraq and Afghanistan.
I wonder what the figures for the boy genius will look like.