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Barack Obama


Born in 1961 in Honolulu, Hawaii, Barack Hussein Obama II is the 44th and current President of the United States, the first African American to hold the office. The reason why we position him within the Pioneers of Frugal Government is that – according to this May 2012 post of Tampa Bay Times’ Politifact.com – his Administration has managed to keep federal government spending still during his entire mandate, once inflation is taken into account.

In fact, here is a table from the Politifact post, showing the average spending increases per year in inflation-adjusted dollars in the past 60 years (since Eisenhower’s office started in 1953) in descending order by president:

President

Fiscal year baseline

Last fiscal year

Average percentage increase per year

Johnson 1964 1969 6.3
George W. Bush 2001 2009 5.9
Kennedy 1961 1964 4.7
Carter 1977 1981 4.2
Nixon 1969 1975 3.0
Reagan 1981 1989 2.7
George H.W. Bush 1989 1993 1.8
Clinton 1993 2001 1.5
Obama 2009 2013 -0.1
Eisenhower 1953 1961 -0.5

As the table displays, Obama had the second-lowest average yearly increase – in fact, he actually presided over a slight decrease – of federal government spending, in real terms. Did this prevent him from a wave of accomplishments, including healthcare reform for the less affluent people, a strong package of economic stimuli, huge investments on renewable energy and broadband internet technologies, and a continuous support to military and peace missions in the international war scenarios? Honestly, we don’t think so. We all have to (and should) learn from this Administration on how to do more with less – which is the essence of frugality indeed.

Next Pioneers: Ian Clark and Ben Eisen

Previous Pioneer: Thomas Jefferson


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