Friday, July 22, 2011
Our Spendthrift Administration
Those who want to put the blame on President Bush for our fiscal woes should heed the following facts:
Including all expenditures:
Clinton spent................................$564 Million per day over 8 years
Bush spent ..................................$1.2 Billion per day over 8 years
Obama spent................................$4.6 Billion per day over 2.5 years, so far!
This current expenditure rate is not sustainable. Source: GAO
Including all expenditures:
Clinton spent................................$564 Million per day over 8 years
Bush spent ..................................$1.2 Billion per day over 8 years
Obama spent................................$4.6 Billion per day over 2.5 years, so far!
This current expenditure rate is not sustainable. Source: GAO
Labels: Economy, Fiscal Responsibility, Obama
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