On Reagan and Obama

The president likes to invoke Ronald Reagan as often as he can. This is somewhat understandable, as Reagan is both the most recent iconic president and one more likely to warm the hearts of those outside his normal coalition (it’s why Reagan himself referred to Kennedy and FDR repeatedly).

This can, however, lead to certain embarrassing information, such as the following:

Smallest Obama deficit: $1.29 trillion (FY10)

Largest Reagan budget: $1.14 trillion (FY89)

That’s right. Obama’s smallest budget deficit is larger than Reagan’s biggest budget.

Ouch.

Cross-posted to Bearing Drift

Advertisement

2 Responses to On Reagan and Obama

  1. Ken Reynolds says:

    doesnt it count that reagan’s budget was 30 years ago? Also, obama is paying for 2 wars. Not to blame bush, the 2 wars is just a fact no matter who started it. This is just another example of an attempted and failed ‘gottcha’ against obama. keep after him and maybe the country can really go all to hell. would that make you happy??????

  2. hhtaylor says:

    Why not show those numbers as a % of GDP.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.