When it comes to race, gender and ethnicity, we are urged to guard against stereotypical thinking. But how about when it comes to presidents? How about when it comes to political parties?
Stereotypical thinking about political parties is extremely powerful and often highly misleading, unfair and just flat inaccurate. Read the following sentences slowly and carefully.
Scoring the last eight presidential terms according to the spending that occurred under the budget signed by that president, federal spending increased at the fastest rate during the first Reagan term (an increase of 8.7 percent). It went up the second fastest during the second term of George W. Bush (8.1 percent). It went up the slowest during the current term of Barack Obama (1.4 percent.) The second and third slowest periods of federal spending growth occurred under the two terms of Bill Clinton.
These numbers from this piece by Rex Nutting, who writes for MarketWatch, which is an arm of the Wall Street Journal. They are based on Congressional Budget Office numbers.
In case you don’t click through, here are the graphics from Nutting/MarketWatch: