Fiscally Conservative?


[W]hen Ronald Reagan left office in 1988 he was dunning us 18.1% of GDP to pay for a federal government that spent 21.2% of GDP. In 2004, the last year for which I could find numbers, George W. Bush had lowered our tax burden to 16.3% of GDP– a level last reached in 1959–to pay for a government that spent 19.8 of GDP.

There doesn’t seem to be any coherent reason why a president’s conservatism should be judged by how much he spends, but if you’re using that as your yardstick then Mr. Reagan was the most liberal president since FDR during WWII and George W. Bush and Bill Clinton are the most conservative since Nixon.

Source: BrothersJudd Blog

Is it too soon to say “So there goes that theory”?

via: Cam Edwards

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