The Latest Data on Bush's Spendthrift Ways
Over the past two weeks, I've written or co-written a couple of things about how George W. Bush outspent Lyndon Baines Johnson in his first four budgets. To recap: When it comes to inflation-adjusted increases in discretionary spending (comprising most defense and nonentitlement spending), Dubya beats LBJ like Sam Houston beat Santa Anna at the Battle of San Jacinto.
The gap becomes even bigger when you stretch the comparisons out to the first five years of each prez's budgets. Here are numbers for all recent presidents who oversaw at least five budgets prepared by American Enterprise Institute analyst Veronique de Rugy. All are based on Office of Management and Budget and all are adjusted for inflation. The Bush figure for fiscal year 2005 is based on OMB midsession review numbers; the figure for fiscal year 2006 is based on the OMB midsession review of the budget Bush submitted earlier this year (if anything, the final figures will be higher than his provisional budget):
First Five Years, Percentage Changes in Real Discretionary Spending
Read 'em and weep.