Spending vs. Economy: A Ten-Year Record

Archive Report


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Richard M. Boeckel, Editor

Government Spending as a Political Issue

The 1940 presidential nominating conventions will meet at the close of ten fiscal years of uninterrupted federal deficits.1 The Republicans have already indicated that they will make government spending a major issue in the ensuing campaign: on February 19 the Republican Program Committee declared that the present administration has increased federal government expenditures by more than 138 per cent in seven years, and recommended a 20 per cent reduction from the present level, with the object of achieving a balanced ...

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