Carpe Diem posted the following chart, which I’ve seen elsewhere. I find it interesting because of the strong rightward lean of that blog.
So, we can see the Obama administration instituted a massive increase in government spending which is crushing the private sector and holding back growth! Oh wait… that’s not the story at all. To be fair, Mark Perry was not trying to make that point but I do hear it often enough. Many fair, and strong arguments can be made against big government. Many fair, and strong arguments can be made against the Obama administration. The argument that Obama has ballooned the size of government and is killing growth just simply does not hold any water.