Community | January 25, 2013 | 68 comments

Under Obama, Government Spending Has Grown More Slowly Than Under Any President Since Eisenhower

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letsliveinpeace
Government spending under President Obama has grown at a slower rate than it did under any president since Dwight D. Eisenhower was in office six decades ago, according to an analysis from Bloomberg. That may not jibe with the conservative complaints that Obama has overseen a massive growth in government spending, but it’s true:

Federal outlays over the past three years grew at their slowest pace since 1953-56, when Dwight D. Eisenhower was president. Expenditures as a share of the economy sank last year to 22.8 percent, their lowest level since 2008, according to Congressional Budget Office data. That’s down from 24.1 percent in 2011 and a 64-year high of 25.2 percent in 2009, when Obama pushed through an $831 billion stimulus package. [...]

Spending grew just 0.6 percent from 2009 to 2012, according to data compiled by Bloomberg from government reports.

Obama has already agreed on $1.4 trillion in spending cuts with Congressional leaders, which, combined with new revenues and reduced interest payments, will reduce the deficit by $2.5 trillion over the next decade.

Spending is expected to fall 1.3 percent in fiscal 2013, according to projections from the Congressional Budget Office. Annualized spending under Obama is growing slower than it has under the past four Republican presidents, as ThinkProgress noted in March. Meanwhile, a Goldman Sachs analyst told Bloomberg that a stronger economy will cut the deficit to $500 billion, to less than 3 percent of gross domestic product, by 2015.

http://thinkprogress.org/economy/2013/01/22/515537/obama-spending-eisenhower/
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68 comments // Under Obama, Government Spending Has Grown More Slowly Than Under Any President Since Eisenhower

  • northernexpat
    • +5
      northernexpat  
    • You wouldn't know it by the way the GOP keep saying that Obama is a 'tax and spend' President, when in fact his yearly budgets has been going down each year. The reason the overall deficit keeps going up is the country is still paying for the Bush Administration's loans to pay for the two wars and Medicare Part D that were not offset. In fact, they actually gave everyone a tax cut at the same time.

      The Bush Administration left the country a huge balance owed on the government's credit card. Remember when Cheney said deficits don't matter? It's a misconception that the GOP are fiscally conservatives, when instead they are the big spenders - mainly because they give people tax cuts without offsetting them.

      You cannot run the government without revenue and to slash and burn the budget, which the tea party want to do will crash the economy. It's time for people to speak up and let congress know what their priorities are. Remember 'We the People', which means you ARE the government and the government should work for the will of the people not lobbyist or the draconian tea party.

    • 4 months ago
  • Saladin
  • northernexpat
  • nanac
  • MarshainFlorida
    • +2
      MarshainFlorida  
    • Bobby Jindl told his party at their last retreat that they have to stop talking and acting stupid. Geez, that kinda talk would get him kicked off of FOX.

    • 4 months ago
  • MSII
  • MarshainFlorida
    • +1
      MarshainFlorida  
    • MSII:

      True. But did you see the latest Community Blog about FOX and Sarah Palin parting waves? Looks like FOX may be taking a message from Jindl seriously. Let's see how long Bill O'Reilly lasts. Could it be they are trying to give themselves a facelift? Anything to fool the public.

    • 4 months ago
  • Paratus
    • -5
      Paratus  
    • The deficits have been running > $1 Trillion and we have just about doubled our debt in four years. These problems need to be addressed instead of ignored.

    • 4 months ago
  • Saladin
    • +6
      Saladin  
    • Paratus:

      So what? We were averaging over 2 trillion dollar deficits under Bush and that was BEFORE we were in a recession with reduced tax income.

      The debt was at 10 trillion when Obama took office thanks to Dubya and now it's around 15 trillion.

      Taking it from 4 to 10 was more than doubling it, and Republicans never gave a shit about it then.

      It only matters when you're not in office. And it's always the Dems that clean up your mess.

    • 4 months ago
  • trut
  • Paratus
    • -5
      Paratus  
    • Saladin:

      "So what? We were averaging over 2 trillion dollar deficits under Bush and that was BEFORE we were in a recession with reduced tax income."

      I KNEW someone would use the Bush did it excuse. Lame. Tell me why if Bush, or anyone else, did something that was not a good idea we should continue the practice. Tell me why you are bringing up Bush at all when he has been out of office for 4 years and the debt has darn near doubled in that time under Obama. Explain to me how the debt under Bush went up just under 5 Trillion in his eight years and under Obama it went up just under 6 trillion in four years, half the time. IF you use the excuse that Obama inherited the debt rise brom Bush you must be honest enough to also state that Bush inherited the debt rise (including the tech sell off and recession) from Clinton. Wake up, for once HIllary is correct. It doesn't matter. We need to reverse this trend and for an administrator to either identify the problem and do nothing or fail to identify the problem is a scathing indictment of his/ her lack of management ability.

      "And it's always the Dems that clean up your mess."

      Yeah, this is why the debt is where it is now. Tax increases will not do it. We have got to decrease spending. Why are we sending billions to the muslim brotherhood? Why are we giving them F16s and tanks? Why are we still supporting corrupt organizations such as the United Nations? Why foreign aid? We need to have pro growth policies. Our current tax system penalizes success and growth. Socialism will not pull us out of this mess. Stop being a water carrier for Obama and Marxism. Wake up.

    • 4 months ago
  • sedwin
  • grhd1972
    • -5
      grhd1972  
    • Saladin:

      It took bush 8 YEARS to spend a little less than 6 trillion. It only took Oblabla 4 years to spend a little over 6 trillion. Enough said. Look at illinois, oblabla helped that state run itself into the ground. It now has the lowest credit rating in the intire country. The majority of red states have budget surpluses yet most Libtard states have massive deficits.

    • 4 months ago
  • grhd1972
  • grhd1972
  • sedwin
  • MSII
    • +5
      MSII  
    • Saladin:

      Truth! All the -real- economists say the deficit is not a big deal right now, down the road, yes it needs to be handled but it's not Armageddon tomorrow (and anyway, i thought the right-wingers were all about their precious "end of days"? They're even hypocrites about that!). The real issue is getting the economy going NOW!

    • 4 months ago
  • MSII
  • Saladin
    • +2
      Saladin  
    • Paratus:

      "I KNEW someone would use the Bush did it excuse. Lame. Tell me why if Bush, or anyone else, did something that was not a good idea we should continue the practice."

      I'm not saying we should continue the practice. I'm pointing out that Conservatives do not and have never given a shit about deficits or debt.

      You only point it out when you guys aren't in office to oppose policies you're too scared to say you'd like to cut.

      "Tell me why you are bringing up Bush at all when he has been out of office for 4 years and the debt has darn near doubled in that time under Obama. "

      It hasn't even come close to doubling. It's gone up by 50%.

      And I mentioned Bush because it was his fucking tax cuts, his financial crisis, his recession, his wars and his unpaid medicare expansion that we're all paying for right now.

      " IF you use the excuse that Obama inherited the debt rise brom Bush you must be honest enough to also state that Bush inherited the debt rise (including the tech sell off and recession) from Clinton. "

      Fucking wrong.

      Clinton had a budget surplus and the debt was only around 5 trillion when Clinton left office.

      The Dot Com burst did not have a substantial effect on tax revenue. Bush cut taxes substantially, gave away money to drug companies with his Medicare expansion and started a bunch of stupid wars.

      That's where his fucking debt came from. Not god damn Clinton.

      "We need to reverse this trend and for an administrator to either identify the problem and do nothing or fail to identify the problem is a scathing indictment of his/ her lack of management ability."

      Did you READ the fucking title?

      Spending has decreased, by a LOT.

      So much so that it's actually fucking dangerous. Most economists don't recommend cutting spending in a fucking recession.

      You can not magically fix the fucking budget when your tax revenue is ruined.

      In fact, most economists recommend deficit spending during recessions and austerity during boom time.

      Conservatives always fuck that up by spending during boom time and then calling on austerity during busts.

      "Yeah, this is why the debt is where it is now."

      Your retarded leaders and their blue dog allies are why the debt is at where it is now.

      It was completely manageable before Bush and this recession fucked it up.

      Even now, it is still totally manageable. It is not a crisis by any stretch of the word.

      "Tax increases will not do it. We have got to decrease spending."

      No, you need both.

      The Bush tax cuts should never have been made permanent. Taxes are way too low, the lowest they've been in decades in many cases.

      "Why are we sending billions to the muslim brotherhood? Why are we giving them F16s and tanks? Why are we still supporting corrupt organizations such as the United Nations? Why foreign aid? We need to have pro growth policies."

      Ask your Republican friends how eager they are to make cuts to defense.

      As for the rest, you are penny wise and fucking pound foolish.

      You have no ability to actually make smart budget decisions. Conservatives just look at programs they don't like and call them a "waste."

      Then they turn around and gives hundreds of billions in subsidies and tax breaks to corporate criminals.

      No one is fooled. It's the poor and the middle class you're out to fuck. You don't give a shit about the debt.

      "Our current tax system penalizes success and growth. Socialism will not pull us out of this mess. Stop being a water carrier for Obama and Marxism. Wake up."

      This is just Conservative circle-jerk fantasy.

      Whenever you're called out on your irrational bullshit, you try desperately to make sensible people into communists or other extremists to make them into the "other." We're not part of the tribe, so we're not allowed to talk.

      The problem is that this kind of talk is dangerous idiocy, especially because Republicans are all extremist idiots themselves now.

      You guys should love President Obama, he's been a very conservative president. Much closer to Ronald Reagan than FDR, or Marx for that matter.

      But that doesn't mean shit to you guys because he's Black, Democratic and an "elitist snob."

      He's not part of your tribe.

      It wouldn't matter tomorrow if he cut taxes by 5% across the board, started a war with Iran and ended the deficit. You will always hate him.

      So spare me the "Marxist" bullshit.

      Conservatives don't even know what the word means anyway.

    • 4 months ago
  • Vic_Romano
    • +4
      Vic_Romano  
    • Saladin:

      For a guy who quotes Reagan more than the Repukes did in their last convention, I wouldn't mind just a sprinkling of Marx in our national debate. Jeebus, these conservatives are just fucking clueless.

    • 4 months ago
  • grhd1972
    • -4
      grhd1972  
    • sedwin:

      The main principle of Marxism is class warfare. But what do I know I only know this because I went to college and received a phd unlike most of the parents basement dwellers like sedwin. Correction Obama helps corporations that help him and punish others that don't support him. Example GE. The company and CEO pay $0 taxes yet are one of the major Obama campaign contributers. Hummmm. Stupid libtards were conned by oblabla. Hahahaha. Obama will go down in history as the worst president next to carter and Nixon but he will go down in history as one of the greatest con-men of all time.

    • 4 months ago
  • grhd1972
    • -3
      grhd1972  
    • Saladin:

      Obama has spent more in 4 years than bush did in 8. Your point is now invalid. Plus the democraps filled the sandy relief bill with 30 billion in pork and the repubs shot it down because the damage was only around $30 billion. Another of thousands of examples of wreck less spending by the bumbacrats.

    • 4 months ago
  • northernexpat
    • +4
      northernexpat  
    • MSII:

      Agreed. If the economy really started to pick up steam and employment went down to about 5%, then the taxes from employment will help reduce the deficit. I don't care what 'right-wingers' say, you cannot run a government without revenue. Can you pay your bills if you don't have a pay check? The Obama Administration has actually done a fantastic job helping to heal the economy considering the obstruction they've been up against so the GOP could make Obama a one term president. How did that work for them? All they accomplished is hurting the middle class who were already hurting.

    • 4 months ago
  • MSII
    • +3
      MSII  
    • northernexpat:

      ...well you know the right-wingers just plain don't want to run a government, they don't want any, they just want to give it all to their precious holy-business-full-of-greed. Just money for their precious military, and that's all they want of it.

    • 4 months ago
  • MarshainFlorida
  • northernexpat
    • +4
      northernexpat  
    • MSII:

      But to even fund their beloved Military requires revenue. Just where is that suppose to come from? This is why their arguments are so stupid about reducing taxes and it will grow the economy. If they had their way, the food you eat, the water you drink, and the air you breathe would be unsafe for humans, as they want to defund programs that protect everyone in order to cut taxes. It's game over once they manage to kill us all.

      They care more about a fetus, then the child living in poverty after a woman is forced to give birth to a baby she can't support. They care more about drilling oil for profit, even if it pollutes the water you drink, the air you breath, or the food you eat. They only care about the parts of the constitution that meet their purposes and ignore the rest. They never look to the future to see what effect their decisions will have on people. They want immediate gratification and the hell with the consequences.

    • 4 months ago
  • Saladin
    • +2
      Saladin  
    • grhd1972:

      "Obama has spent more in 4 years than bush did in 8. Your point is now invalid."

      No, it isn't. Because Obama inherited 12 trillion in debt. Some would say 10, but they're wrong because it wasn't as if Obama could be held accountable for the second bailout.

      Plus, he inherited all of the spending Bush handed to him, from two wars to medicare to tax cuts.

      It took time to mitigate. all that, hence the article title.

      And what you REFUSE to fucking understand is that we're in a RECESSION. The Federal Government is taking in LESS MONEY than it used to because of that.

      So not only has Obama substantially reduced the deficit, he's done so with *less money* at hand.

      "Plus the democraps filled the sandy relief bill with 30 billion in pork and the repubs shot it down because the damage was only around $30 billion. Another of thousands of examples of wreck less spending by the bumbacrats."

      We spend over 100 billion in subsidies to corporations. Subsidies Republicans would never fucking get rid of despite their phony trumpeting of small businesses and Capitalism.

      30 billion dollars for fucking AID is not exactly a waste of money. It definitely isn't pork.

      "I don't even have enough time to pick apart your post to show you that your full of bullshit. Did you pull this post out of your ass?"

      No, I just live in reality.

      Some people have a violent response when people question their delusions.

    • 4 months ago
  • Paratus
    • -1
      Paratus  
    • sedwin:

      "It's funny that you think everyone's ignoring the debt"

      It continues to rise with no credible plan to correct this from our esteemed president.

      Why did you opine that, "it's hilarious that you right wingers all believe that the President controls the budget and the purse strings. " when in your reply to me you used the excuse that Bush did it. If the president has nothing to do with this then why the Bush reason? Confusing but it is easy to blame Bush and pat Barry on the back for doing worse.

    • 4 months ago
  • Paratus
    • 0
      Paratus  
    • grhd1972:

      Funny, I was wondering if the Illinois downgrade would make it here. They are also ignoring the surplus that Scott Walker has managed to bank. Liberal economic policies don't seem to work well in the real world.

    • 4 months ago
  • Paratus
    • 0
      Paratus  
    • Saladin:

      ' " IF you use the excuse that Obama inherited the debt rise brom Bush you must be honest enough to also state that Bush inherited the debt rise (including the tech sell off and recession) from Clinton. "

      Fucking wrong.'
      Actually correct cupcake. Peoples 401s went down by 50%, the tech markets got beat up and we had a recession. Don't you pay attention. Anyhow, it is water over the damn now as is Bush.

      'So spare me the "Marxist" bullshit.

      Conservatives don't even know what the word means anyway.'

      Yeah we do mr know it all. Obama.

      Oh, didn't read the middle of your post. Try being polite and not so childish. People will pay attention but your use of profanity and rudeness in an attempt to make us believe you are correct or now what you are talking about is not working.

    • 4 months ago
  • Paratus
  • MSII
  • Mark701
    • 0
      Mark701  
    • Paratus:

      "Tell me why you are bringing up Bush at all when he has been out of office for 4 years"

      Because the Bush Administration (and the Fed) were the genesis of the economic problems we have today and will have for decades into the future. I know conservatives would like everyone to forget that the housing bubble popped under Bush, but it did and he'll always own that. The Bush Administration was indirectly responsible for the bubble by failing to regulate Wall Streets FFI's (Fluffy Financial Instruments) that resulted in tying the value of 70 trillion in junk securities/derivatives to the price of homes which Wall Street negligently assumed would always increase. (yes, I can provide links). It was Hank Paulson, Bush's Treasury Secretary, that came crawling to congress for a tax funded bail out that ended up rewarding Wall Streets malfeasance and did NOTHING for the millions who lost their homes and livelihoods as a result.

      These are the facts and PLEASE don't feed me any crap about Barney Frank, Fannie Mae and the CRA ok? Only 20% of banks were subject to provisions in the CRA which means 80% of the sub-prime lending was done by banks and mortgage companies NOT subject to the CRA. All of this was driven by Wall Streets insatiable greed for sub-prime mortgages that were bought up and repacked as AAA rated securities.

      That's the economic fiasco that Bush left Obama. If Obama increased the debt it was to keep the country from sliding into a depression as opposed to giving tax breaks to people who didn't need them while engaging in two unfunded wars.

    • 4 months ago
  • Vic_Romano
  • Saladin
    • +1
      Saladin  
    • Vic_Romano:

      Because he's not a member of their tribe.

      Watching them try to find reasons to hate on him for Libya was the best. It was exactly the kind of right-wing, Bush era aggression they were looking for and they *still* had to disagree with it somehow.

    • 4 months ago
  • grhd1972
    • -5
      grhd1972  
    • Saladin:

      He covered up libya with a lie to help his election campain, yet libtards are so dumb they couldn't listen to his lies and the libtard media was protecting him. Know how oblabla is lying? Anytime his mouth is moving.

    • 4 months ago
  • MSII
  • Saladin
    • +2
      Saladin  
    • grhd1972:

      What the fuck are you talking about? Do *you* even know?

      If McCain or Romney had become president and had done the same thing, you guys would be busy sucking his dick and calling the rest of the country traitors for not supporting it.

      I know this because it's what happens every fucking time Republicans are out of office. They did the same thing to Clinton over Somalia. Had it been their war, they would have been beating their chest through the whole controversy.

      Plus no "libtard" ever supported our attack on Libya. Most people were shocked at how Bush-like Obama had become on foreign policy by that point.

    • 4 months ago
  • Vic_Romano
    • +1
      Vic_Romano  
    • Saladin:

      Maybe it's because Obama didn't go all Achilles and drag OBL's corpse all over the middle east? Maybe he hasn't just come out and said that the New Deal was a failure, and that we need a third world war to truly stimulate our economy?

      Sometimes I really wonder if there's any hope left for this country.

    • 4 months ago
  • grhd1972
    • -2
      grhd1972  
    • Saladin:

      Yet your tribe defended him on the coverup. But you want to talk about one sidedness. Let's talk about how bush was attacked over the time it took to aid to Katrina victims yet it has taken Obama longer to aid sandy victims than it took to aid Katrina victims. After the election Obama seemed to forget about sandy. But the "libtard" media won't bring that up.

    • 4 months ago
  • Saladin
    • 0
      Saladin  
    • grhd1972:

      I don't have a tribe. I don't like this President. You should however, he's pretty Conservative on most issues.

      Bush was attacked because Katrina was a serious disaster and he was blowing out McCain's birthday candles three days after it hit.

      Victims of Sandy had aid immediately. So much so that even that old asshole Chris Christie broke Republican ranks to thank Obama.

      The fact that they don't have a *relief* bill is the fault of House Republicans, also known as the worst House of Representatives in American History, objectively.

      They tricked morons by saying there was "pork" in it, but refused to specify what it was.

      Not that it even fucking matters because 30 billion dollars is nothing to the Federal Government.

      The amount they made permanent in the Bush tax cuts was ten times more money than this "pork" filled bill.

      More penny wise and pound foolish idiocy from a crowd to cowardly to admit that they didn't *want* to give those people aid. They wanted their lives to be ruined out of some retarded devotion to the "free market."

      But you believe them anyway. I guess anyone dumb enough to vote for Dubya will just keep on being that dumb.

    • 4 months ago
  • Paratus
    • 0
      Paratus  
    • grhd1972:

      "Anytime his mouth is moving."

      Obamsa has told two truths since he has been in office. One was when he said he would change the country and the other was when he received the Nobel Prize he said he did not deserve it.

    • 4 months ago
  • grhd1972
  • grhd1972
    • 0
      grhd1972  
    • Saladin:

      It doesn't matter what political affiliation they are there, it's what they do in office that we are allowed to criticize them for. Obama and bush proved to be pathetic. We'll never know what Cain or Romney would of done so explain to me how you know how they would of acted. Do you run a Phychic hotline?

    • 4 months ago
  • sedwin
  • MarshainFlorida
    • +4
      MarshainFlorida  
    • sedwin:

      Not to mention that the multi-millionaires have not had to pay their fair share of taxes in 10 years. We would have been out of debt and had a balanced budget had it not been for Bushy-boy.

    • 4 months ago
  • Paratus
  • sedwin
  • Saladin
    • +2
      Saladin  
    • Paratus:

      47% if income tax filers make so little income that it doesn't make any sense to tax them.

      That's an indication of how fucked up this country is, not that they're "moochers."

      They still pay sales tax and payroll taxes and plenty of other taxes.

      But when you make less than 20k a year, the government isn't exactly interested in the spare change you have in your couch.

    • 4 months ago
  • MarshainFlorida
    • +2
      MarshainFlorida  
    • sedwin:

      I agree. And by the way, I finished the book. Are there any others you want to point me to that's as informative as that one? By the way, there's a new blog posted leading one to believe that Obama is trying to close all the sheriff's offices and install FBI in all states. I almost bought into it until I saw where the link came from. Would like your opinion on that.

    • 4 months ago
  • northernexpat
  • MarshainFlorida
    • +2
      MarshainFlorida  
    • Saladin:

      Well, that's not entirely true saladin. The GOP is very interested in the tiny bit of sheckles that those so-called 47% of moochers have. That's why they keep on insisting on cutting social security and medicare benefits that they get, and if they had their way, there would be no more foodstamps to make up for the lack of pay that they get from the Big Guys.

    • 4 months ago
  • MarshainFlorida
  • bailey78
  • MarshainFlorida
  • northernexpat
  • grhd1972
  • sedwin
  • bailey78
  • grhd1972
  • grhd1972
  • MarshainFlorida
    • +1
      MarshainFlorida  
    • northernexpat:

      I'm wondering where his brilliance is going to shine. He's a right-to-lifer, in favor of no gun controls, in favor of not taxing the wealthy, in favor of cutting "entitlements" that we've all paid into. So just how stupid can he be himself?

    • 4 months ago
  • bailey78
  • bailey78
  • northernexpat
    • +2
      northernexpat  
    • MarshainFlorida:

      He also changed the school curriculum so they teach creationism in Lousiana instead of real science. Religious nuts should not run the government, because all they do is impose their views on everyone else. The 'right' is constantly complaining about Sharia law, but they are doing the exact same thing. So how is what they are doing any different?

    • 4 months ago
  • MarshainFlorida

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