October 23, 2011

Latest PJ Media Column (‘Three Years, $4 Trillion, and ‘All the Right Choices’ Later’) Is Up (Update: A Look at 2011 vs. 2007 Spending)

Filed under: Economy,Taxes & Government — Tom @ 9:43 am

It’s here.

It will go up here at BizzyBlog on Tuesday (link won’t work until then) after the blackout expires.

Sub-headline: “Another near-bankruptcy milestone. It’s hardly an accident.”

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UPDATE: Just for the heck of it, let’s look at some spending comparisons of fiscal 2011 to 2007 (the last fiscal year tied to a GOP-controlled Congress), in categories unaffected by the accounting games described here (all numbers in billions) –

Agriculture — $139.4 vs. $84.4, up 65%
Defense — $678.1 vs. $529.9, up 28% (this at least generated results)
Energy — $31.4 vs. $20.1, up 56%
EPA — $10.8 vs. $8.3, up 30%
HHS — $891.2 vs. $672.0, up 33%
HUD — $57.0 vs. $45.6, up 25%
Labor — $135.0 vs. $47.5, up 184%
Office of Personal Management — $74.1 vs. $58.5, up 27%
Social Security Adm. — $784.1 vs. $621.8, up 26%
State — $24.3 vs. $13.7, up 77%
Transportation — $77.3 vs. $61.7, up 25% (so where’s the “infrastructure”?)
Veterans Affairs — $126.0 vs. $72.8, up 73%

Inflation from September 30, 2007 to September 30, 2011 was less than 9%.

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1 Comment

  1. Incompetence or intention, indeed!

    The Inflationary Spiral
    http://www.publiusforum.com/2010/04/13/the-inflationary-spiral/

    To a conservative it is obvious there is malcious intent, however, as a political practical matter winning over moderates and independents – incompetence is the selling point of why Obama and his cronies need to go. You don’t need to demonstrate a motive with the charge of incompetence and that’s a far easier sell.

    Comment by dscott — October 25, 2011 @ 12:49 am

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