Sunday, December 19, 2010

Out-Of-Control Myth-Making

Government spending is out of control. It is increasing at an unseen rate. Right?

Wrong. [Table courtesy of Kevin Drum]

This is just more cyclical Republican political shenanigans. When they're driving the car, deficits don't matter. When Democrats are in power, spending is out of control. (Even when spending is following the same trajectory as it had during the G.W. Bush years.)

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