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To: detective

Growth of government spending by president:

Carter (1976–1980) 394.7 to 649.7; 64.6 percent in 4 years

Reagan (1980–1988) 649.7 to 1143.8; 76.1 percent in 8 years

Bush I (1988–1992) 1143.8 to 1484.3; 29.8 percent in 4 years

Clinton (1992–2000) 1484.3 to 1942.5; 30.9 percent in 8 years

Bush II (2000–2008) 1942.5 to 3219.8; 65.8 percent in 8 years

http://www.lewrockwell.com/lrc-blog/growth-rates-in-government-spending-by-president/


90 posted on 02/25/2015 3:00:15 PM PST by entropy12 (Real function of economists is to make astrologers look respectable.)
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To: entropy12; stephenjohnbanker; EternalVigilance; GeronL; TheOldLady; trisham; xzins; P-Marlowe; ...
I see that you're getting your anti-Reagan talking points from Lew Rockwell.

That tells me everything I need to know about you. . . TROLL!

95 posted on 02/25/2015 3:11:20 PM PST by wagglebee ("A political party cannot be all things to all people." -- Ronald Reagan, 3/1/75)
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To: entropy12; detective

If you want to put it in perspective Reagan had to rebuild our devastated Armed Forces and we were also in an arms race with the Soviets.

Clinton had the benefit of “The Peace Dividend” by which he again drastically cut defense spending.


122 posted on 02/26/2015 4:18:55 PM PST by Rides_A_Red_Horse (Why do you need a fire extinguisher when you can call the fire department?)
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To: entropy12

First, Reagan was not president in 1980, Carter was. Reagan took office in 1981. The 1981 through 1989 budgets are the correct measure.

Second, you have included the effect of inflation in your data. You need to use constant dollar numbers to make an accurate comparison.

Even your incorrect and flawed data contradict your original false statement that Reagan “TRIPLED FEDERAL SPENDING”.

Reagan needed to rebuild the military that was underfunded and weakened under Carter. Under Reagan big spending Democrats controlled Congress. Under Clinton, Newt Gingrich and other fiscally responsible Republicans controlled spending in spite of Clinton’s opposition.


124 posted on 02/27/2015 1:05:06 PM PST by detective
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