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Old 02-18-2010, 12:00 AM   #11
piercehawkeye45
Franklin Pierce
 
Join Date: Oct 2006
Location: Minnesota
Posts: 3,695
Quote:
Originally Posted by TheMercenary View Post
Dude, it is so high because of the false Stimulus Bill and bailouts.

Your first link does not reflect that.
That is why I added my own notes. 2009 Obama will spend more than any president in history but that number will be lowered after that. Not that it will have much effect since most of the budget is going to mandatory spending and the military.

Quote:
Cato is a huge fan of mine, but 2003 is a bit dated.
I posted that article because the predictions they made are coming true. The point was that medicare, social security, and other health benefits are going to go out of control and that is obviously starting to happen and nothing suggests that anything is going to change soon.

Until mandatory spending is reformed, every president from here on out will be forced to spend even more then their predecessor.
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