Graph of the Day for September 3, 2010

"We know big government does not have all the answers. We know there's not a program for every problem. We have worked to give the American people a smaller, less bureaucratic government in Washington. And we have to give the American people one that lives within its means.  The era of big government is over."  President Clinton, 1996 State of the Union Address.

"But at this particular moment, with the private sector so weakened by this recession, the federal government is the only entity left with the resources to jolt our economy back into life. It is only government that can break the vicious cycle where lost jobs lead to people spending less money which leads to even more layoffs."  President Obama, 2009.



Source:  The Cato Institute.


Hoven's Index for September 3, 2010

Number of federal subsidy programs in 1975:  1,009

In 1985:  1,013

In 1995:  1,390

In 2005:  1,645

In 2010:  2,001


Source:  The Cato Institute.

 
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