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pampango

(24,692 posts)
17. If you think it suggests "Reagan started fixing the problem", you must be a big Obama fan.
Mon Feb 4, 2013, 12:42 PM
Feb 2013

Reagan lowered the growth in spending from 13.5% (under Carter) to 6.8%, so about 1/2 the growth rate of the previous administration. (Out of kindness I won't go into what Reagan did to the federal deficit.) Obama lowered the growth in spending from 7.7% (under Bush) to 1.4%.

If all you had were the percentages and no names: 13.5% to 6.8% and 7.7% to 1.4% which would look more like someone who was 'fixing the problem'? From the praise that Reagan gets in some circles you would think that he actually decreased spending (and the deficit) rather than increasing both.

As far as going back to the taxing and spending under Clinton: he raised spending at a 3.5% annual rate (1/2 of the Reagan rate, but 2 1/2 times the Obama rate) so I would like to at least go back to that Clinton standard and see more spending. And Clinton achieved a budget surplus (which Bush and the republican congress destroyed in a year) with that spending rate growth and modest tax increases, so I could live with his taxing policy too.

"What needs to be cut out of the current budget..." - Reagan cut nothing from the Carter budget. Obviously he increased some things and decreased others, but he increased overall spending by 6.8% a year over the amount of the Carter budget, so he was hardly a budget hawk. Obama has been much more of a budget hawk than Reagan ever was. (Much to the chagrin of many of us.)

I'm convinced that 7-8% unemployment is the new norm as long as we keep destroying public sec jobs. JaneyVee Feb 2013 #1
Lower the reirement age to include workers nobody wants. Spitfire of ATJ Feb 2013 #7
For younger readers, WPA means Work Progress Association. Wikipedia it. xtraxritical Feb 2013 #12
K&R Champion Jack Feb 2013 #2
Every problem this country has is rooted in a Reagan policy or program. liberal N proud Feb 2013 #3
It wasn't just Reagan,...it was Republicans who were against The New Deal. Spitfire of ATJ Feb 2013 #8
The actions taken during the Reagan years are direct contributors to our current problems. liberal N proud Feb 2013 #10
The Reagan years SUCKED but Republicans did historical revisionism.... Spitfire of ATJ Feb 2013 #11
One way to read this is that government spending and investment (in the US) is good for gdp. geckosfeet Feb 2013 #4
or george w bu$h*????? spanone Feb 2013 #5
I've known since around 1980 that things are always more SheilaT Feb 2013 #6
They understand. It's their JOB to sell the lie.... Spitfire of ATJ Feb 2013 #9
So is your suggestion that we go back to spending 33-35% of GDP? mostlyconfused Feb 2013 #13
can haz chartz cthulu2016 Feb 2013 #14
Annual growth in spending: Reagan - 6.8%, GWB - 7.7%, Clinton - 3.5%, Obama - 1.4%. pampango Feb 2013 #15
Charts can say a lot of things. That one could suggest Reagan started fixing the problem mostlyconfused Feb 2013 #16
If you think it suggests "Reagan started fixing the problem", you must be a big Obama fan. pampango Feb 2013 #17
Latest Discussions»General Discussion»Charts: What if Obama spe...»Reply #17