Think going back to the tax rates of the Clinton era are a good idea? How about going back to Clinton-era spending levels?
Since 1998, government spending has increased a whopping 78%:
Via IBD:
Federal government revenue rose from $1.7 trillion to $2.4 trillion from fiscal 1998 to 2012, slightly exceeding inflation. Revenue growth averaged 2.9% annually, despite two recessions, bear markets — and tax cuts.
But federal spending rose nearly twice as fast — 5.7% per year — surging from $1.6 trillion to $3.5 trillion over that same span.
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SanDiegoCountyCitizen
Dec. 21, 2012 at 8:53amThe fact that the average American doesnt consider this excessive federal spending, nor a lack of federal budget for the entire rein of King Obama, to be a significant problem, speaks poorly toward our Nations economic survival and therefore, sovernty. Its official: “A nation that is ignorant and free, never was, and never will be”!
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Lumiis
Dec. 21, 2012 at 7:54amMust be weird to see the graph for most of you. I wonder who was in office from 2001-2009, and what the largest change on the graph is. If you look closely, its from 2001-2009, then it *gasp* goes down after that. Facts are a silly thing.
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SouthTexan
Dec. 21, 2012 at 5:49amGlen Beck, I know you are not allowed to be involved in a protest, but ,can you put the word out that several hundred Texans, will be shutting down the Brownsville border crossing. The convoy will fall into formation, south of Harlingen on the Hwy77 south access rd at Rancho Viejo, Saturday 12/21 at 10:00AM, to run for the border. Nobody in or out, until Jon Hammar walks across there to his parents a free man. We want to park several hundred vehicles, lock em up and walk off to wait for his release. If the government won’t do it’s job, We the People will! It would be a great help if this “leaked” out all across the airwaves, as this effort is just catching on. It is uncertain how many will show up at this stage. Numerous stations across S. Texas are being made aware of this, I hope the word spreads fast, so we can set him free. The news should light up talk radio first thing and that should spark enough action. It is 4:00 Am, and I will not rest, until that patriotic Marine, that is sitting wrongly accused in that hell hole, is home for Christmas. Let’s roll!
Proud Texan
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Ducky657
Dec. 20, 2012 at 8:33pmTo say spending is a problem is an understatement. We have a mind-set in Washington that either wants to be part of the solution or that only they can fix a ‘problem’. The President and his Progressive partners in crime seem to hate trickle down economics. I hate trickle down politics more than anything. By the time it gets to where the rubber meets the road guess what happens–not enough resources to effect the outcome so what is spent is spent inefficiently. You end up with bloated programs that are poorly conceived and executed because their genesis was some committee in DC–not the state or local government tasked with actual implementation. How could anyone expect the states to set-up health care exchanges when the HHS is still in the dark regarding them? The cart cannot pull or push the horse!
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