For twenty years this chart has been continuously posted showing Reagan to be the biggest government welfare spender and bailout chief of all time. Only exceeded during the crash. Even after the crash the level of government spending was below Reagab's. And yet again, we have Krugman saying he was small government.
This problem of deception is deeply embedded in Keynesian circles i have noticed. They have actually given up on actual data to make ths faek idea spread. Fortunately we have a large class of chart readers to stop the deception.Reagan was the worst of the welfare bums.
He was even a worse welfare bum than McCain. If you want a worse welfare bum look to the Texans, especially Ted Cruz.
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