A reminder of the Trump presidency

Posted on: April 27, 2024 at 19:38:37 CT

Federal Spending: Constant 2021 Dollar Increase Per Year:

Trump, 2017–2020: +$366 billion per annum.
Obama, 2009–2016: +$86 billion per annum.
George Bush the Younger, 2001–2008: +$136 billion per annum.
Bill Clinton, 1993–2000: +$34 billion per annum.
George Bush the Elder, 1989–1992: +$97 billion per annum.
Ronald Reagan, 1981–1988: +$64 billion per annum.
Jimmy Carter, 1977–1980: +$62 billion per annum.

Federal Spending: Annual Real Growth Rate:

Trump, 2016–2020: 6.92 percent.
Obama, 2008–2016: 1.96 percent.
George Bush the Younger: 3.95 percent.
Bill Clinton, 1992–2000: 1.19 percent.
George Bush the Elder: 3.90 percent.
Ronald Reagan, 1980–1988: 3.15 percent.
Jimmy Carter, 1976–1980: 3.72 percent.

Constant 2021 Dollar Additions to the Public Debt per Annum:

Donald Trump: $2.043 trillion.
Barack Obama: $1.061 trillion.
George W. Bush: $0.694 trillion.
Bill Clinton: $0.168 trillion.
George H. W. Bush: $0.609 trillion.
Ronald Reagan: $0.384 trillion.
Jimmy Carter: $0.096 trillion.

https://www.lewrockwell.com/2024/04/david-stockman/a-big-spenders-league-all-of-his-own/