This cartoon is intended to show that government spending is decreasing, but they still have a long ways to go. The government "waist" is huge. By the way, a hot dog is still pork.
I drew this toon with a mechanical pencil on a piece of scratch paper in 40 minutes. One can tell.
I don't think this is the end of the story. How has spending changed since 2000? A look at FRED data series, FGEXPAND, and you will see that spending under Mr. Bush was two times that under Mr. Obama.
This is interesting since Mr. Obama spent $800 billion as a one time stimulus. Although spending as increased by $600 billion under Obama's administration, it is no where near spent under Mr. Bush. For more, click here.
As I used to say to wrestlers trying to cut weight: it wasn't put on overnight. It cannot be taken off overnight. The debt is here to stay for a very long time and will be pass on to future generations.


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