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Benjamin Landy
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Paul, "Per capita" means per capita. And that's not how the math works. Annualized growth in this graph means the author took the average of Q1 to Q1 growth for each year of each presidency. So dividing Reagan's number by 8 and Obama's by 3 is redundant. I made two versions of this graph myself, one with inflation and one without; both are broken down into national defense and human resources growth. You'll be interested to see that the projection for a two-term Obama presidency actually has even less growth than in the graph above.
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Jun 20, 2011