Where’s the Rise of Big Government We’ve Been Hearing About?
Paul Krugman asks a simple question to all those that believe President Obama “presided over a huge expansion of goverment.”
What major new federal programs have started up since Mr. Obama took office? Health care reform, for the most part, hasn’t kicked in yet, so that can’t be it. So are there giant infrastructure projects under way? No. Are there huge new benefits for low-income workers or the poor? No. Where’s all that spending we keep hearing about? It never happened.
A great reminder to always examine the foundation of any common knowledge. Here’s the graph he provides on his blog.
The question is the important part though.