I already have a Scary-Ass Chart picked out for The Week in Blogs, but this one deserves a mention, too. Federal Spending as a percentage of GDP since 1929.
Please note that in 1945, spending peaked at 35.3%, as we ground Nazi Germany and Imperial Japan into rubble. That paved the way for 50 years of prosperity, and set the stage for the fall of Communism in 1989.
Also note that spending was even higher in 2010 — 36.2% of GDP.
And what did we get for the money? Bunches of cheesy roadsigns and Solyndras.
That’s the Obama legacy right there.
