Spending, Spending, Spending
Where you stand on spending is really determined by how you are doing politically.
You won’t find too many defenders of George W. Bush’s record on spending these days, even among Republicans. But a check of historical tables compiled by the Office of Management and Budget shows that the spending that so distressed Pelosi and Reid seems downright modest today. After beginning with a Clinton-era surplus of $128 billion in fiscal year 2001, the Bush administration racked up deficits of $158 billion in 2002, $378 billion in 2003, $413 billion in 2004, $318 billion in 2005, $248 billion in 2006, $162 billion in 2007, and $410 billion in 2008.
Who would have guessed that our esteemed political leaders would say one thing while doing another entirely? We are being led by people who want one thing, and that is the growth of the Federal Government.
We won’t ever truly address this until we create accountability for their actions. Until that time, we will continue to run up larger and larger deficits.
