President Obama’s Deficit Reduction Success

Posted by | May 16, 2012 10:26 | Filed under: Top Stories

by Stuart Shapiro

Federal spending as a percentage of GDP, tax revenue as a percentage of GDP, and the deficit as a percentage of GDP have all shrunk under President Obama, as shown by Michael Linden at Think Progress.

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Copyright 2012 Liberaland
By: Stuart Shapiro

Stuart is a professor and the Director of the Public Policy
program at the Bloustein School of Planning and Public Policy at Rutgers
University. He teaches economics and cost-benefit analysis and studies
regulation in the United States at both the federal and state levels.
Prior to coming to Rutgers, Stuart worked for five years at the Office
of Management and Budget in Washington under Presidents Clinton and
George W. Bush.

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