Big Spenders Get Worse Every Year: The History of Growth Since 1940

In March of 2018, President Trump signed into law a $1.3 trillion omnibus spending bill to avoid shutting down the federal government. After signing the 2,200-page bill, the president proclaimed he would “never sign another bill like this again.” Could this really be the end of the decades-long trend of expanded central spending and power? If past history tells us anything, the answer is a resounding “No!” The truth is for nearly the last century, there has been an undeniable, dramatic trend upward in government spending in real and in nominal terms. In fact, since 1940, average yearly...

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