I was reading the New York Times story this morning about
embattled Congressional Republicans and noted the line about how "Republicans have been scrambling for a health care response at a time when they had
hoped to be pounding Democrats over excessive spending and re-establishing their image as the party of fiscal restraint." And I thought how bogus.
That thought led me to thinking, I wonder where the data is to demonstrate that this point is bogus. So, thinking I was looking for raw data I could put into Excel and create my own graphs, I started Googling. It didn't take me long to find that someone had already done this work.
At right is federal taxation as percent of GDP sorted by year. Party leadership is at bottom. Blue is Democrat;
Orange is Republican. Top row is President; middle is House; Bottom is Senate.
Next chart is federal spending as percent of GDP sorted by year. And the third chart is federal deficit as percent of GDP sorted by year. All three of these through FY 2004. I haven't independently confirmed data; I am trusting the presentation from
http://traxel.com/deficit/The most generous analysis of this data that taxing and spending is randomly distributed independent of who is running the store. But that is generous to the Republicans.
Actually, in defense of the Republicans, they fare reasonably well on the taxation side. They seem to want to tax us less. But the lower taxes have not halted their spending. The top ten spending years - across three different Presidential administrations have been Republican years in the White House -- seven of them with Republican Senates (tempering the counter argument that spending is something Congress does that the White House can't stop.)
And with low taxes and high spending, the deficit has been a disaster under the Republicans. Fourteen of the fifteen worst deficits in recent history have been under Republican Presidents, the lone Democrat entry on that list was Clinton's FY 93 budget that was pretty much inherited from the GWB administration (none of the top 14 Republican Presidential deficits were immediately inherited from a Democrat.)
The Republicans do a great PR job of labeling Democrats as "tax and spend", but only the "tax" part of the label has any potential legitimacy. Spending - and spending when there is no cash in the bank to pay for it - has been a Republican trait for quite some time now.
Labels: tax and spend Republicans