But apropos of your comment, and I wish I could remember where, but somewhere I read that in the recent period of Democrat control of the House from 2007 to 2011 that government spending was up 37%.
Dems pin CBO numbers on Bush and GOP
http://thehill.com/blogs/blog-briefing-room/news/78061-dems-pin-cbo-numbers-on-bush-and-gop
Democrats pinned a new budget report Tuesday showing high deficits and a “muted” economic recovery on GOP control of the White House and Congress over the past decade.
House Democratic leaders said a report by the Congressional Budget Office (CBO) showing a $1.35 trillion deficit in 2010 was the result of policies put in place by President George W. Bush and Republicans in Congress, who controlled the House and Senate until the 2006 elections.
“Today’s CBO report is a clear reminder of the Bush and Republican Congress-era policies that have resulted in the loss of millions of jobs, led to the worst recession since the Great Depression, and turned record surpluses under the Clinton Administration into record deficits,” House Speaker Nancy Pelosi (D-Calif.) said in a statement.
The CBO report also predicted a “muted” economic recovery in the coming years, which Democrats in the House and Senate hope to address through a new spending bill focused on job growth in the coming weeks.
“90 percent of the projected deficit is due to the cost of the Bush economic collapse and Bush policies like his unpaid for tax cuts for the wealthy,” said House Democratic Caucus Chairman John Larson (Conn.), the fourth-ranking member of the House. “The devastating fiscal hole he left us in was far worse than anyone could have imagined.”
To deal with budget deficits, President Barack Obama and congressional Democrats are considering a number of options to rein in federal spending. The Obama administration announced a freeze in non-military discretionary spending on Monday evening to kick off that effort, and the administration will release its full budget next week.
On the congressional end, leaders have urged passing statutory PAYGO legislation, which would require new spending to be offset by cuts or taxes. Obama has also endorsed legislation to establish a bipartisan deficit reduction commission, though the Senate voted that down on Tuesday.
“The failed policies of the last 8 years” includes 4 years on Dem control of congress and 1 year of Obama. Do they think people don’t know this?
The Obama Debt Tracker - $1.7 trillion of debt in his first year
http://www.treasurydirect.gov/NP/BPDLogin?application=np
At this rate, the Obama administration would accumulate close to $7 trillion of new debt in just one term alone, more than the nearly $5 trillon that president Bush accumulated in eight years.
Obama administration adding $3 million per minute to national debt
An overwhelming majority, if not every single American cannot begin to comprehend the astronomical deficits and debt projections flowing from Washington these days. The Obama Administration and congressional Democrats have done an outstanding job of breaking down uninsured statistics into smaller more understandable numbers such as their 14,000 newly uninsured claim. Yet, when it comes to deficits and the national debt, no one in Washington seems to want the public to understand just how much money they are spending. Politicians talk in dollar amounts that no American, even the richest among us, will ever truly comprehend. As a result, in conjunction with PDOP, I have broken the numbers down for you.
The Obama administration released in the past 2 weeks revised projections that the 2009 deficit will amount to just shy of $1.6 Trillion dollars and that their long term budget projections will create $9 Trillion dollars of deficits in the next ten years. More than a year ago for another organization, I excoriated the Bush Administration for years of unchecked government spending culminating in the single largest deficit in US history. At the time, that budget deficit of half a Trillion dollars amounted to over $1 million dollars a minute in new national debt; an debt level that simply is not sustainable. With no balance of power in Washington this year, the drunken spending of politicians has tripled the record breaking Bush deficit, creating a phenomenal $3 million of new national debt every single minute (not total government spending, but new government debt). As a result, during the 8 hours of time you will spend at work today, the US government will go more than $1.4 billion into debt.
Just how much debt does $3 million a minute equate to? Consider the fact that the average American...
Read more at examiner.com ...
That’s only $36 a day for every man woman and child, or $144 per day for a family of four.
That’s not too much is it? I mean who doesn’t have an extra $144 to toss to Uncle Obama every day?