The American Conservative: Bush Spending Like a Drunken Democrat

BaliBabyDoc

Lifer
Jan 20, 2001
10,737
0
0
No wonder he got along so well with Kennedy early on
Under his administration, the national debt has gone up a stunning 24 percent, to $7 trillion. A chief reason for that increase is that Bush has enthusiastically promoted an explosion in government spending. In 2004, federal government outlays are expected to exceed $2.3 trillion, which is $500 billion more than in 2000. At nearly $500 billion, the budget deficit is close to 4.5 percent of gross domestic product, the sort of ratio usually seen in developing countries that are about to implode. Contrary to the White House?s absurd projections, private economists expect annual deficits of between $400 billion and $600 billion over the next 10 years.

According to recent research, it?s not as if budget questions lack urgency. Medicare and Social Security are under-funded to the tune of $43 trillion. Both programs are in need of immediate reform, as Baby Boomers will soon start hitting retirement age. Yet Bush further bloated the Medicare imbalance in December with a new drug plan costing at least $400 billion over 10 years.
-------------------------------------------------------------------------------------------------------------------------------------------------------
In the very first month of the Bush administration, Donald Rumsfeld sent O?Neill a memo that recommended a giant increase in defense spending to deal with what Rumsfeld saw as new threats to America. The defense secretary also bemoaned the effect of President Clinton?s ?procurement holiday? on transport and weapons systems, according to O?Neill. To address these needs, Rumsfeld requested that spending be increased by between $255 billion and $842 billion over the next five years. To comprehend the audacity of Rumsfeld?s request, recall that defense spending since 2001, after two wars, has increased by around $150 billion.


 

Martin

Lifer
Jan 15, 2000
29,178
1
81
A while back I read in the Globe and Mail that Canada public expenditure was ~42% of GDP in the early 90s, while that in the US it was ~30%. By 2001, the difference was just over 4% (38% for canada and 34% for US).

Now when you factor in Bush's wild spending, its safe to assume the gap is tiny, if non-existent, today. I find it funny that if Bush is re elected, the US will become that "socialist" nation conservatives detest so much.
 

Jhhnn

IN MEMORIAM
Nov 11, 1999
62,365
14,686
136
"Now when you factor in Bush's wild spending, its safe to assume the gap is tiny, if non-existent, today. I find it funny that if Bush is re elected, the US will become that "socialist" nation conservatives detest so much. "

Yeh, except we won't have any of the Socialist benefits...
 

etech

Lifer
Oct 9, 1999
10,597
0
0
Originally posted by: MartyTheManiak
A while back I read in the Globe and Mail that Canada public expenditure was ~42% of GDP in the early 90s, while that in the US it was ~30%. By 2001, the difference was just over 4% (38% for canada and 34% for US).

Now when you factor in Bush's wild spending, its safe to assume the gap is tiny, if non-existent, today. I find it funny that if Bush is re elected, the US will become that "socialist" nation conservatives detest so much.

The Federal Debt, Budget and Spending

1990 1,253,198 9.6% 249,951,008 1.0% 5,738 21.8%
1991 1,324,403 5.7% 252,699,008 1.1% 5,928 22.3%
1992 1,381,684 4.3% 255,472,000 1.1% 6,222 22.2%
1993 1,409,512 2.0% 258,256,000 1.1% 6,561 21.5%
1994 1,461,902 3.7% 259,343,008 .4% 6,949 21.0%
1995 1,515,837 3.7% 260,138,000 .3% 7,323 20.7%
1996 1,560,572 3.0% 261,763,600 .6% 7,700 20.3%
1997 1,601,282 2.6% 263,389,200 .6% 8,183 19.6%
1998 1,652,611 3.2% 265,014,800 .6% 8,636 19.1%
1999 1,703,040 3.1% 266,640,400 .6% 9,115 18.7%
2000 1,788,826 5.0% 281,421,906 5.5% 9,824 18.2%
2001 1,863,895 4.2% 284,796,887 1.2% 10,313 18.1%
2002 2,010,975 7.9% 287,420,000 .9% 10,858 18.5%
2003 (est.) 2,140,377 6.4% 287,363,000 -.0% 11,446 18.7%
2004 (est.) 2,229,425 4.2% 289,917,000 .9% 12,059 18.5%
2005 (est.) 2,343,399 5.1% 292,448,000 .9% 12,701 18.5%
2006 (est.) 2,463,663 5.1% 294,925,000 .8% 13,376 18.4%
2007 (est.) 2,576,203 4.6% 18.4%
2008 (est.) 2,710,517 5.2% 18.4%




Nope, doesn't look like your numbers are even close.
 

Spencer278

Diamond Member
Oct 11, 2002
3,637
0
0
Originally posted by: etech
Originally posted by: MartyTheManiak
A while back I read in the Globe and Mail that Canada public expenditure was ~42% of GDP in the early 90s, while that in the US it was ~30%. By 2001, the difference was just over 4% (38% for canada and 34% for US).

Now when you factor in Bush's wild spending, its safe to assume the gap is tiny, if non-existent, today. I find it funny that if Bush is re elected, the US will become that "socialist" nation conservatives detest so much.

The Federal Debt, Budget and Spending

1990 1,253,198 9.6% 249,951,008 1.0% 5,738 21.8%
1991 1,324,403 5.7% 252,699,008 1.1% 5,928 22.3%
1992 1,381,684 4.3% 255,472,000 1.1% 6,222 22.2%
1993 1,409,512 2.0% 258,256,000 1.1% 6,561 21.5%
1994 1,461,902 3.7% 259,343,008 .4% 6,949 21.0%
1995 1,515,837 3.7% 260,138,000 .3% 7,323 20.7%
1996 1,560,572 3.0% 261,763,600 .6% 7,700 20.3%
1997 1,601,282 2.6% 263,389,200 .6% 8,183 19.6%
1998 1,652,611 3.2% 265,014,800 .6% 8,636 19.1%
1999 1,703,040 3.1% 266,640,400 .6% 9,115 18.7%
2000 1,788,826 5.0% 281,421,906 5.5% 9,824 18.2%
2001 1,863,895 4.2% 284,796,887 1.2% 10,313 18.1%
2002 2,010,975 7.9% 287,420,000 .9% 10,858 18.5%
2003 (est.) 2,140,377 6.4% 287,363,000 -.0% 11,446 18.7%
2004 (est.) 2,229,425 4.2% 289,917,000 .9% 12,059 18.5%
2005 (est.) 2,343,399 5.1% 292,448,000 .9% 12,701 18.5%
2006 (est.) 2,463,663 5.1% 294,925,000 .8% 13,376 18.4%
2007 (est.) 2,576,203 4.6% 18.4%
2008 (est.) 2,710,517 5.2% 18.4%




Nope, doesn't look like your numbers are even close.


Table are more usful when the values in them are labeled.
 

DealMonkey

Lifer
Nov 25, 2001
13,136
1
0
What do you expect us conservatives to do?!? Vote for a baby-killing, tax hiking, latte-drinking, elitist liberal who will gut the military budget and leave us all vulnerable to the muslim bastards who want to kill us all?!? Good grief!

:turns up hannity real loud so can't hear response:
 

etech

Lifer
Oct 9, 1999
10,597
0
0
Originally posted by: Spencer278
Originally posted by: etech
Originally posted by: MartyTheManiak
A while back I read in the Globe and Mail that Canada public expenditure was ~42% of GDP in the early 90s, while that in the US it was ~30%. By 2001, the difference was just over 4% (38% for canada and 34% for US).

Now when you factor in Bush's wild spending, its safe to assume the gap is tiny, if non-existent, today. I find it funny that if Bush is re elected, the US will become that "socialist" nation conservatives detest so much.

The Federal Debt, Budget and Spending

1990 1,253,198 9.6% 249,951,008 1.0% 5,738 21.8%
1991 1,324,403 5.7% 252,699,008 1.1% 5,928 22.3%
1992 1,381,684 4.3% 255,472,000 1.1% 6,222 22.2%
1993 1,409,512 2.0% 258,256,000 1.1% 6,561 21.5%
1994 1,461,902 3.7% 259,343,008 .4% 6,949 21.0%
1995 1,515,837 3.7% 260,138,000 .3% 7,323 20.7%
1996 1,560,572 3.0% 261,763,600 .6% 7,700 20.3%
1997 1,601,282 2.6% 263,389,200 .6% 8,183 19.6%
1998 1,652,611 3.2% 265,014,800 .6% 8,636 19.1%
1999 1,703,040 3.1% 266,640,400 .6% 9,115 18.7%
2000 1,788,826 5.0% 281,421,906 5.5% 9,824 18.2%
2001 1,863,895 4.2% 284,796,887 1.2% 10,313 18.1%
2002 2,010,975 7.9% 287,420,000 .9% 10,858 18.5%
2003 (est.) 2,140,377 6.4% 287,363,000 -.0% 11,446 18.7%
2004 (est.) 2,229,425 4.2% 289,917,000 .9% 12,059 18.5%
2005 (est.) 2,343,399 5.1% 292,448,000 .9% 12,701 18.5%
2006 (est.) 2,463,663 5.1% 294,925,000 .8% 13,376 18.4%
2007 (est.) 2,576,203 4.6% 18.4%
2008 (est.) 2,710,517 5.2% 18.4%




Nope, doesn't look like your numbers are even close.


Table are more usful when the values in them are labeled.

See link, click on link, read table.



 

sandorski

No Lifer
Oct 10, 1999
70,848
6,386
126
Originally posted by: etech
Originally posted by: MartyTheManiak
A while back I read in the Globe and Mail that Canada public expenditure was ~42% of GDP in the early 90s, while that in the US it was ~30%. By 2001, the difference was just over 4% (38% for canada and 34% for US).

Now when you factor in Bush's wild spending, its safe to assume the gap is tiny, if non-existent, today. I find it funny that if Bush is re elected, the US will become that "socialist" nation conservatives detest so much.

The Federal Debt, Budget and Spending

1990 1,253,198 9.6% 249,951,008 1.0% 5,738 21.8%
1991 1,324,403 5.7% 252,699,008 1.1% 5,928 22.3%
1992 1,381,684 4.3% 255,472,000 1.1% 6,222 22.2%
1993 1,409,512 2.0% 258,256,000 1.1% 6,561 21.5%
1994 1,461,902 3.7% 259,343,008 .4% 6,949 21.0%
1995 1,515,837 3.7% 260,138,000 .3% 7,323 20.7%
1996 1,560,572 3.0% 261,763,600 .6% 7,700 20.3%
1997 1,601,282 2.6% 263,389,200 .6% 8,183 19.6%
1998 1,652,611 3.2% 265,014,800 .6% 8,636 19.1%
1999 1,703,040 3.1% 266,640,400 .6% 9,115 18.7%
2000 1,788,826 5.0% 281,421,906 5.5% 9,824 18.2%
2001 1,863,895 4.2% 284,796,887 1.2% 10,313 18.1%
2002 2,010,975 7.9% 287,420,000 .9% 10,858 18.5%
2003 (est.) 2,140,377 6.4% 287,363,000 -.0% 11,446 18.7%
2004 (est.) 2,229,425 4.2% 289,917,000 .9% 12,059 18.5%
2005 (est.) 2,343,399 5.1% 292,448,000 .9% 12,701 18.5%
2006 (est.) 2,463,663 5.1% 294,925,000 .8% 13,376 18.4%
2007 (est.) 2,576,203 4.6% 18.4%
2008 (est.) 2,710,517 5.2% 18.4%




Nope, doesn't look like your numbers are even close.

Public Expenditure would include State and Municipal spending as well.
 

Dman877

Platinum Member
Jan 15, 2004
2,707
0
0
Originally posted by: DealMonkey
What do you expect us conservatives to do?!? Vote for a baby-killing, tax hiking, latte-drinking, elitist liberal who will gut the military budget and leave us all vulnerable to the muslim bastards who want to kill us all?!? Good grief!

:turns up hannity real loud so can't hear response:

Yes, 400 bil a year for tanks, ships, bombs, and jets protects us from al qaeda operatives that fly our own planes into our buildings. Lets not use our money to inspect more then 2% of industrial containers or expand our intelligence in the mideast, that would be useless...
 

Zephyr106

Banned
Jul 2, 2003
1,309
0
0
Yes, 400 bil a year for tanks, ships, bombs, and jets protects us from al qaeda operatives that fly our own planes into our buildings. Lets not use our money to inspect more then 2% of industrial containers or expand our intelligence in the mideast, that would be useless...

Those expensive toys are important components of pyschological warfare- Americans see new vehicles and weapons, which helps to quell their fear of ragheads. And terrorists see vehicles and weapons which are poorly suited for fighting terror cells in Hamburg or NYC, laugh hysterically, and in that moment of weakness, FBI agents swoop in and make arrests.

Zephyr
 

Martin

Lifer
Jan 15, 2000
29,178
1
81
Originally posted by: etech
Originally posted by: MartyTheManiak
A while back I read in the Globe and Mail that Canada public expenditure was ~42% of GDP in the early 90s, while that in the US it was ~30%. By 2001, the difference was just over 4% (38% for canada and 34% for US).

Now when you factor in Bush's wild spending, its safe to assume the gap is tiny, if non-existent, today. I find it funny that if Bush is re elected, the US will become that "socialist" nation conservatives detest so much.

The Federal Debt, Budget and Spending

1990 1,253,198 9.6% 249,951,008 1.0% 5,738 21.8%
1991 1,324,403 5.7% 252,699,008 1.1% 5,928 22.3%
1992 1,381,684 4.3% 255,472,000 1.1% 6,222 22.2%
1993 1,409,512 2.0% 258,256,000 1.1% 6,561 21.5%
1994 1,461,902 3.7% 259,343,008 .4% 6,949 21.0%
1995 1,515,837 3.7% 260,138,000 .3% 7,323 20.7%
1996 1,560,572 3.0% 261,763,600 .6% 7,700 20.3%
1997 1,601,282 2.6% 263,389,200 .6% 8,183 19.6%
1998 1,652,611 3.2% 265,014,800 .6% 8,636 19.1%
1999 1,703,040 3.1% 266,640,400 .6% 9,115 18.7%
2000 1,788,826 5.0% 281,421,906 5.5% 9,824 18.2%
2001 1,863,895 4.2% 284,796,887 1.2% 10,313 18.1%
2002 2,010,975 7.9% 287,420,000 .9% 10,858 18.5%
2003 (est.) 2,140,377 6.4% 287,363,000 -.0% 11,446 18.7%
2004 (est.) 2,229,425 4.2% 289,917,000 .9% 12,059 18.5%
2005 (est.) 2,343,399 5.1% 292,448,000 .9% 12,701 18.5%
2006 (est.) 2,463,663 5.1% 294,925,000 .8% 13,376 18.4%
2007 (est.) 2,576,203 4.6% 18.4%
2008 (est.) 2,710,517 5.2% 18.4%

Nope, doesn't look like your numbers are even close.

After some searching I found the numbers again.

In 2001, the most recent year for which figures are available, all of Canada's governments together doled out the equivalent of 39.7 per cent of the gross domestic product. In America, governments spent 35.3 per cent of the GDP -- a 4.4 percentage-point difference, down from a difference of more than 12 points in the early 1990s.
link

So like I said, its safe to assume that you guys will surpass us soon, if you haven't done so already.
 

Zephyr106

Banned
Jul 2, 2003
1,309
0
0
So like I said, its safe to assume that you guys will surpass us soon, if you haven't done so already.

But, but but, America spends more money on weapons to kill people with, while Canada wastes money trying to care for people with medicine. So we're still better :p

Zephyr
 

Martin

Lifer
Jan 15, 2000
29,178
1
81
Originally posted by: CADkindaGUY
Originally posted by: etech
Public Expenditure would include State and Municipal spending as well.

And you are going to blame Bush for that as well?

Don't you know etech - Bush controls your property taxes as well.;)

CkG

So in the 50-50 (of 60-40 as repubs like to claim now) nation, democrats alone are responsible for this? After seeing how Bush and his repub allies in congress handle money, I have a hard time believing this...
 

chowderhead

Platinum Member
Dec 7, 1999
2,633
263
126
borrow and spend Republicans. Democrats, please stop us with the filibuster before we spend again.
rolleye.gif

decrease taxes, increase spending and shift spending priorities.
the era of personal responsibility is over.
we will just have our children and grandchildren pay for all of this.
the end.