9/23/2005

Bush spent more than LBJ: 35.1% versus LBJ's legendary 33.4%

Kos says it all: "Democrats are now the party of fiscal sanity and responsibility" -- law

Bush spendthriftier than LBJ
by kos
Fri Sep 23rd, 2005 at 16:53:46 CDT

This is amazing. I blogged an AEI report yesterday that indicated that Bush was second only to LBJ in spending growth.. Well, turns out that once the final numbers came in, Bush amazingly clocked in above LBJ.

Reason's Nick Gillespie got the updated numbers:

Those figures come by way of the American Enterprise Institute... George W. Bush has boosted total inflation-adjusted discretionary spending in his first term by 35.1 percent. To put that in context, chew on this: LBJ--the Texas legend who created the Great Society and, for all intents and purposes, the Vietnam War--only boosted discretionary spending 33.4 percent. What's more, the gap between Bush and LBJ will only grow. ..the final outlays for fiscal year 2005 (the last budget signed in Bush's first term) aren't in yet... And ..the number for FY2005 "does not take under consideration the numerous supplemental passed this year, and the new spending triggered by the Katrina disaster."

It's a wonder that any fiscal conservatives still stick by Bush.

Democrats are now the party of fiscal sanity and responsibility.

Daily Kos: Bush spendthriftier than LBJ

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