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Democrats: fiscal conservatives

2003-05-27 16:32:49.928798+00 by Dan Lyke 3 comments

A bunch of people have been linking to this one, so I guess it's time to pile on the bandwagon: USA Today reports that Republicans outspend Democracts.

State legislatures controlled by Republicans increased spending an average of 6.54% per year from 1997 to 2002, compared with 6.17% for legislatures run by Democrats. State spending rose slowest -- 6% annually -- when legislatures were split, and each party controlled one chamber. Inflation averaged 2.55% annually 1997-2002.

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comments in ascending chronological order (reverse):

#Comment made: 2003-05-28 00:51:58.156043+00 by: ebradway

What I don't get is how most of my Republican friends (?) loathe the idea of carrying a credit card balance, but the Republican Congressman think it's wonderful to increase the national debt to cover tax cuts.

#Comment made: 2003-05-28 02:17:49.875719+00 by: Larry Burton

Supposedly those tax cuts are suppose to fuel economic growth which will result in more income that taxes will be paid on and cover the debt. So, really, a taxcut will increase the tax revenues. That has actually worked in the past but spending was increased at a greater rate than the increase in tax revenues. There was a Republican president that time, too.

#Comment made: 2003-05-28 03:17:42.751468+00 by: Dan Lyke

Over at Why Your Wife Won't Have Sex With You there are some graphs of the tax rate versus GDP.