Posted by Stuart Benjamin:
The Cato Institute on "the Grand Old Spending Party":
http://volokh.com/archives/archive_2005_05_01-2005_05_07.shtml#1115513690


   I just noticed a new Cato study entitled "[1]The Grand Old Spending
   Party: How Republicans Became Big Spenders."

   Here's the guts of the Executive Summary:

     President Bush has presided over the largest overall increase in
     inflation-adjusted federal spending since Lyndon B. Johnson. Even
     after excluding spending on defense and homeland security, Bush is
     still the biggest-spending president in 30 years. His 2006 budget
     doesn�t cut enough spending to change his place in history, either.

     Total government spending grew by 33 percent during Bush�s first
     term. The federal budget as a share of the economy grew from 18.5
     percent of GDP on Clinton�s last day in office to 20.3 percent by
     the end of Bush�s first term.

     The Republican Congress has enthusiastically assisted the budget
     bloat. Inflation-adjusted spending on the combined budgets of the
     101 largest programs they vowed to eliminate in 1995 has grown by
     27 percent.

     The GOP was once effective at controlling nondefense spending. The
     final nondefense budgets under Clinton were a combined $57 billion
     smaller than what he proposed from 1996 to 2001. Under Bush,
     Congress passed budgets that spent a total of $91 billion more than
     the president requested for domestic programs. Bush signed every
     one of those bills during his first term. Even if Congress passes
     Bush�s new budget exactly as proposed, not a single cabinet-level
     agency will be smaller than when Bush assumed office.

   The study is worth a read -- in part for the useful charts (see, e.g.,
   figures 1-6 of the study) graphically displaying some of the many
   different matrices by which spending (even non-defense and
   non-homeland security spending) has increased dramatically in the
   George W. Bush Administration.

   The study suggests that united government is at least partly
   responsible. It notes (p. 13) that "[s]pending growth picked up steam
   much more quickly once Republicans gained control of the White House
   as well as Congress." I am sympathetic to this argument. As I noted
   last year, Cato President William Niskanen has written a paper
   demonstrating that divided government yields lower spending (and,
   perhaps more depressingly, that [2]reductions in taxation produce
   increases in spending).

   But this still leaves me with a nagging question: why aren't more
   small-government advocates resisting spending increases? Cato has been
   sounding the alarm for a while (back in March 2003, Cato published an
   article about Bush's spending entitled "[3]Hey, Big Spender"), but
   many others have been relatively silent. Why?

References

   1. http://www.cato.org/pub_display.php?pub_id=3750
   2. http://volokh.com/archives/archive_2004_05_14.shtml#1085086959
   3. http://www.cato.org/research/articles/dehaven-030326.html

_______________________________________________
Volokh mailing list
[email protected]
http://highsorcery.com/cgi-bin/mailman/listinfo/volokh

Reply via email to