What if Obama had Reagan’s government spending?

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Ezra Klein builds this chart comparing quarterly GDP growth from President Obama’s actual spending policies (in blue) and what growth would have looked like had Obama spent at President Reagan’s levels (in red).

Whereas total government spending dropped in 10 out of the 16 quarters that comprised Obama’s first term, it rose in 13 out of Reagan’s first 16 quarters… I took Obama’s GDP growth, netted out the effect of government spending and investment, and then added the total government spending and investment numbers — which include state and local government — from Reagan’s first term. The result is a significantly better economy, with growth since 2010 averaging 3.2 percent rather than 2.4 percent.

Peter Schorsch is the President of Extensive Enterprises and is the publisher of some of Florida’s most influential new media websites, including SaintPetersBlog.com, FloridaPolitics.com, ContextFlorida.com, and Sunburn, the morning read of what’s hot in Florida politics. SaintPetersBlog has for three years running been ranked by the Washington Post as the best state-based blog in Florida. In addition to his publishing efforts, Peter is a political consultant to several of the state’s largest governmental affairs and public relations firms. Peter lives in St. Petersburg with his wife, Michelle, and their daughter, Ella.