According to the Wall Street Journal, even adjusted for inflation, Bill Clinton’s budget while Governor of Arkansas doesn’t match up to Sarah Palin’s Alaska budget. Not to mention the Governor of Alaska is unusually powerful.
In Alaska, the Governor has line-item veto power over the budget and can only be overridden by a three-quarters majority of the Legislature. In 1992, the year Arkansas Governor Bill Clinton was elected President, his state budget was $2 billion and among the smallest in the country. Compared to that, Sarah Palin is an executive giant.