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To: Alomex who wrote (159621)11/6/2003 11:31:53 PM
From: Oeconomicus  Respond to of 164684
 
Just eye-balling the chart, it looks like per capita spending rose in Reagan's first term (defense spending, probably) and peaked and then fell again in his second, rose again in Bush 41's term (defense and interest?), and was flat to slightly down in Clinton's first term, but up again in his second. Remember, the chart ends with 2001 numbers - Clinton's last budget. Anyway, it's hard to draw conclusions without knowing the relative growth or declines of components of spending during those periods. Clinton, for example, likely benefited from lower interest costs on the national debt (compared to rates during the Reagan and Bush admins). I think we need to look deeper, but thanks - it's interesting.