Must-Read: John Perr: Inflation-Adjusted Federal Spending Has Fallen Under President Obama

Must-Read: Federal spending needs to rise significantly if the government is to accomplish its missions:

John Perr: Inflation-Adjusted Federal Spending Has Fallen Under President Obama: “It is an article of conservative faith that federal spending under President Obama is ‘out of control’…

As the 2016 GOP Platform states in an amazing revision of recent history:

The Administration’s policies systematically crippled economic growth and job creation, driving up government costs and driving down revenues. When Congressional Republicans tried to reverse course, the Administration manufactured fiscal crises — phony government shutdowns — to demand excessive spending.

As the data and history show, every claim in those two sentences is flat-out wrong.

PERRspectives Inflation Adjusted Federal Spending Has Fallen Under President Obama

November 9, 2016

AUTHORS:

Brad DeLong
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