The Growth of Government Under President Obama


Thursday February 16th, 2012   •   Posted by Craig Eyermann at 10:32am PDT   •   19 Comments

How much has President Barack H. Obama grown the size of the U.S. government’s budget since coming into power in January 2009?

If we go by President George W. Bush’s final Fiscal Year 2009 budget, in which the average amount of federal government spending for each year through Fiscal Year 2013 was projected to be $2.732 trillion (in terms of inflation-adjusted, constant 2005 U.S. dollars) and compare that value to the average amount of federal spending that President Obama is currently projecting for both 2012 and 2013 of $3.185 trillion (also in terms of constant 2005 U.S. dollars), we find that President Obama has effected a permanent federal government spending increase of at least $452 billion.

Or in other terms, President Obama has permanently grown the size of the U.S. federal government’s budget by 16.5% during the four years he will have been in office by the end of his first term in office. The federal government’s spending is one-sixth bigger today than it was projected to be at this point four years ago.

In the chart above, we can see that if President Obama had really had his way, as indicated by the amount of money he proposed to spend in his previous annual budgets, the growth of the federal government’s spending would have been even higher.

But that’s not the really scary part! We can also see in the chart above that almost all of the increase came in just President Obama’s first year in office! When the federal government was doing anything and everything it could to bail out “too big to fail” financial institutions like banks, insurers, and formerly “government-supported enterprises” like Fannie Mae and Freddie Mac, not to mention failing U.S. automakers and President Obama’s knowingly wasteful “stimulus” spending.

Since then however, as the crisis that sparked that extremely elevated amount of spending has since receded, we see that President Obama hasn’t even tried to let up on any of his spending, as one would think might be fully possible without such a crisis.

Looking beyond the President’s Fiscal Year 2013 budget, we see the same dynamic at work. Here, even though military spending is set to drastically declinewith the end of the President’s “overseas contingency operations” in both Iraq and Afghanistan, there is no real reduction in the overall level of the federal government’s spending. Any and all potential savings are being shifted to increase the President’s proposed spending on other things.

What a difference from the 1990s, when President William J. Clinton proposed budgets that saw savings from reducing the nation’s defense spending at the end of the Cold War following the failure of the former Soviet Union! There’s a reason why balanced budgets were achieved in those days....

It’s almost as if President Obama cannot bear the thought that a President ought not burden any Americans with the higher debt and taxes needed to sustain his precious spending in support of his grandiose pretentions!

References

White House Office of Management and Budget. Budget of the United States Government, Fiscal Year 2009, Historical Table 1.3—Summary of Receipts, Outlays, and Surpluses or Deficits (-) in Current Dollars, Constant (FY 2005) Dollars, and as Percentages of GDP: 1940–2013. [PDF]. Accessed 15 February 2012.

White House Office of Management and Budget. Budget of the United States Government, Fiscal Year 2010, Historical Table 1.3—Summary of Receipts, Outlays, and Surpluses or Deficits (-) in Current Dollars, Constant (FY 2005) Dollars, and as Percentages of GDP: 1940–2014. [PDF]. Accessed 15 February 2012.

White House Office of Management and Budget. Budget of the United States Government, Fiscal Year 2011, Historical Table 1.3—Summary of Receipts, Outlays, and Surpluses or Deficits (-) in Current Dollars, Constant (FY 2005) Dollars, and as Percentages of GDP: 1940–2015. [PDF]. Accessed 15 February 2012.

White House Office of Management and Budget. Budget of the United States Government, Fiscal Year 2012, Historical Table 1.3—Summary of Receipts, Outlays, and Surpluses or Deficits (-) in Current Dollars, Constant (FY 2005) Dollars, and as Percentages of GDP: 1940–2016. [PDF]. Accessed 15 February 2012.

White House Office of Management and Budget. Budget of the United States Government, Fiscal Year 2013, Historical Table 1.3—Summary of Receipts, Outlays, and Surpluses or Deficits (-) in Current Dollars, Constant (FY 2005) Dollars, and as Percentages of GDP: 1940–2017. [Excel Spreadsheet]. 13 February 2012. Accessed 15 February 2012.

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19 Responses to “The Growth of Government Under President Obama”

  1. J. Armbrust says:

    Why is it that we pay for their spending that they make which is unnecessary... They are the biggest part of this financial mess.. And we are the ones paying for it.. It’s always been us having to pay... Now why don’t we start from the top and have them pay more to get a taste of what it’s like to live responsibly and feel what we have been feeling for too long? How is it that some of them haven’t paid taxes and aren’t in jail and if that were me, we know where I would be—it’s not like they don’t take enough from us to be able to pay or maybe they should learn to live in their means.... Bottom line: not our fault and we have to pay.. This is just a piece of the problem...

  2. Libertarian Jerry says:

    The question to ask is: Would things have been much different if John McCain would have won the presidency in 2008 instead of Mr.Obama? I doubt it very much. Its the conservative socialists vs. the liberal socialists. In the end we would still have socialism.

  3. Bob S says:

    Yo LJ,

    As per Henry Ford and regardless of what Ben Gleck might blather about it, we can have any candidate we want, as long as they’re a socialist.

  4. Bil says:

    The Dems and Reps are like a train. There is the Daylight Flyer speeding down the tracks at breakneck to the destination; and then there is the Nighttime Sleeper plodding along in the dead of night. They seem so entirely different, but they are both on the same tracks, heading to the same destination.

  5. [...] we see the impact of what we’ve previously described as President Obama’s permanent contribution to the federal government’s spending, which we observe follows a parallel, but higher, upward [...]

  6. [...] to MyGovCost.org, which is an affiliate of The Independent Institute, the Obama administration has permanently increased the size and expenditure of government by 16.5% in four years.  In fact, the site states that government expenditure is one-sixth bigger [...]

  7. [...] to MyGovCost.org, which is an affiliate of The Independent Institute, the Obama administration has permanently increased the size and expenditure of government by 16.5% in four years.  In fact, the site states that government expenditure is one-sixth bigger [...]

  8. Brian says:

    Why blame the rich? They are not the people using you and your kids like a credit card!
    Remember, it’s your government that is putting you in this debt!

  9. [...] which is an affiliate of The Independent Institute, the Obama administration has permanently increased the size and expenditure of government by 16.5% in four years.  In fact, the site states that government expenditure is one-sixth bigger [...]

  10. [...] which will prevent it from being able to borrow even more money to keep President Obama’s spending binge [...]

  11. [...] which is an affiliate of The Independent Institute, the Obama administration has permanently increased the size and expenditure of government by 16.5% in four years.  In fact, the site states that government expenditure is one-sixth bigger [...]

  12. [...] share of GDP increased from 19% in 2008 to 24% by 2011, and this administration will have grown the federal budget by 16.5% by the time its first term ends, barring any new stimulus.  This [...]

  13. [...] But it’s the years of 2009 through 2011 that really stand out in the chart. Here, we see the federal government’s spending skyrocket in 2009, with only a modest cut in 2010 before resuming rising and reaching its highest level on the chart in 2011. This outsize level of spending coincides with President Obama’s entire tenure in office and reflects his vision for the growth of government. [...]

  14. [...] ...and Obama lied about shrinking the government workforce: PolitiFact: FALSE PolitiFact | Barack Obama says government job losses on his watch are unprecedented Federal Workforce Continues to Grow Under Obama Budget The Growth of Government Under President Obama [...]

  15. [...] state, which correlates with the size and scope of government.  As reported by MyGovCost.org back in February, “President Obama has permanently grown the size of the U.S. federal government’s budget by [...]

  16. [...] state, which correlates with the size and scope of government.  As reported by MyGovCost.org back in February, “President Obama has permanently grown the size of the U.S. federal government’s budget by [...]

  17. [...] state, which correlates with the size and scope of government.  As reported by MyGovCost.orgback in February, “President Obama has permanently grown the size of the U.S. federal government’s budget by [...]

  18. [...] – CNN.com Big Government: Cost of Regulations Under Obama: $488 Billion | The Weekly Standard The Growth of Government Under President Obama | MyGovCost | Government Cost Calculator President Obama: The Biggest Government Spender In World History – Forbes Economics: Obama's [...]

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