The Freeman's Burden:

To defend the principles of human liberty; to educate; to be vigilant against the ever expanding power of the state.

Saturday, September 09, 2006

Are there any fiscal conservatives left?

click to enlarge

Change in Real Spending for Each Presidential Term since LBJ

We all know that spending has increased dramatically under George W. Bush, but the chart above provides that rather general thought with some clarity that is truly jaw dropping. Lest I be accused of unfairly targeting ole Dubya, it is worth noting that Spending under Clinton did not begin to increase until after the Republics took full control of Congress. Total spending under Bush has increased at 4x the rate it did with a Democrat President and a Democrat controlled House of Representatives. So if you have been voting for Republicans because of their economic conservative talk, might I suggest that you have been voting away your retirement accounts. To read the report that I swiped this chart from, click here.