And by 2008 it had increased by about two-thirds, to around $3 trillion, not counting the explosion in spending over the last two months. Dub-Yuh was a bigger domestic spender than even Lyndon Johnson was, and started two wars compared to Johnson’s one. In other words, there was already an explosion of government spending long before the current “stimulus” scam.
This proves once again that government spending does not “stimulate” but depress economic activity. The bigger the government “stimulus” the worse off the real, private economy is. All that is stimulated is the overblown egos of the crooks, conmen and tyrants in Washington, along with the ideological devotes of Obammunism.
5:15 pm on February 26, 2009
