Government Over-Spending

The Horse and the Jockey, published on March 5, 2017, in my Sunday Newsletter for Women focused on excessive regulation.

 


The pie graph below shows that over-spending is not the hallmark of Democrats or Republicans. Both parties hold oars in the spending boat.

The numbers come from the federal-budget.insidegov.com website. Keep in mind, although the percentages seem small, they are NOT.  One percent may represent one billion, this depends on the size of the budget for that year. In 1977, Jimmy Carter (and Congress) had a deficit of 2.6%. In dollar terms, they overspent by $155 Billion.

Democrat   Jimmy Carter          (1977; -2.6%)  (1978; -2.6%)  (1979; -1.6%)  (1980; -2.6%)

Republican Ronald Reagan       (1981; -2.5%)   (1982; -3.9%)   (1983; 5.9%)   (1984; -4.7%)

Republican Ronald Reagan        (1985; -5%)      (1986; -4.9%)   (1987; -3.1%) (1988; -3%)

Republican George H. W. Bush  (1989; -2.7%)  (1990; -3.7%)   (1991; -4.4%) (1992; -4.5%)

Democrat Bill Clinton                 (1993; -3.8%)   (1994; -2.8%)  (1995; -2.2%) (1996; -1.2%)

budget-2015

As of 2015, 6% of the Budget went to pay interest on Debts. That’s the same as what money is allocated for Transportation and Education (The Federal Government represents about 10% of what is spent on Education. The rest of the money comes from the States.)

Democrat Bill Clinton                   (1997; -0.3%)   (1998; -0.8%) (1999; -1.3%)  (2000; -2.3%)

Republican George W. Bush         (2001; -1.2%)   (2002; -1.5%) (2003; -3.3%)   (2004; -3.4%)

Republican  George W. Bush        (2005; -2.5%)  (2006; -1.8%)  (2007; -1.1%)   (2008; -3.1%)

Democrat Barack Obama              (2009; -9.8%)   (2010; -8.7%)  (2011; -8.5%)   (2012; -6.8%)

Democrat Barack Obama               (2013; -4.1%)   (2014; -2.8%)   (2015; -2.5%)   (2016; -3.3%)

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