Monday, January 5, 2009

Charts: Socialism? (2)

Federal budget surplus (deficit) as a percentage of GDP, 1947-2006, omitting the Transition Quarter of calendar year 1976. No Republican administration has run a budget surplus since Eisenhower; Republican administrations have run an average budget deficit of 2.5% of GDP, vs. 0.5% of GDP for Democratic administrations.

No comments: