G Money <[email protected]> wrote:
>
> Let's just drop the silliness of saying "so and so outspent others from the
> past in terms of raw dollars", since that makes no sense.
>
> Debt, now and in the immediate future, is a huge concern. I would hope even
> ardent supporters of Obama would realize that. (this one does).
>

We can talk about who increased the adjusted-for-inflation dollars of
non-defense discretionary spending very easily and when you do you see
that Reagan and GWB have spent the most in recent history.

As for Pres Obama, we have no idea what this cost will be because it's
not booked yet.  Further we have no idea what and how these costs
might drive innovation which will lower costs (there are lots of
people who've gotten new jobs in the last few months purely because of
this).

Bottomline: George W Bush has spent the most since LBJ and we won't
know about Obama until he's out of office.  That's all we can say
factually.  Everything else is opinion.

As to debt ... should we be concerned?  I'm not sure these days given
the circumstances.  I can argue it both ways.

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