Spending? You want spending? Certainly, President Obama has made the US #1 in one respect – jacking up the level of expenditures by the Federal Govt. And thus, giving us the world’s largest yearly deficits as well as piling on the national debt.
These #1’s are things I’d rather not be receiving the crowns for. From The Corner on cutting the budget:
Clearly, we have two competing philosophies as to what constitutes “draconian.”
It’s worth looking at these figures in context. President Obama, upon taking office in January 2009, embarked on a federal spending spree of Brobdingnagian proportions. Between 2008-2010, non-defense discretionary spending increased by 84 percent (this includes the so-called “stimulus” package). The administration sold its profligacy under the pretense of “job creation.”…
DEPARTMENT OF EDUCATION:
2008 level: | $57.4 billion |
2010 level: | $63.7 billion |
“Stimulus”: | +$97.4 billion |
Increase (2008-10): |
$6.3 billion (+11%) |
Total two-year increase (including stimulus): |
$103.7 billion (+181%) |
*Compared to a total increase between 2000-2008 of 60 percent.
(H/T: The Corner)
More after the jump