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Politics : PRESIDENT GEORGE W. BUSH
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To: Kenneth E. Phillipps who wrote (504885)12/6/2003 3:03:11 PM
From: DavesM  Read Replies (2) of 769670
 
Kenneth,

Ooops. If you look at the first 34 months of the Clinton Administration, and the first 34 months of the Bush (43) Administration; you will find that Clinton's deficits were a greater % of GDP than Bush. LOL! So it depends how you look at the numbers.

Increase in the National Debt from Jan 31, 1993 - Nov, 31, 1995 (34 months, $4.167T beginning $4.989T end). GDP 1995 $7.075T. Increase of National debt during the first 34 months of the Clinton Administration as a percent of GDP (1995) = 11.6%

Increase in the National Debt from Jan 31, 2001 - Nov, 31, 2003 (34 months, $5.716T beginning $6.925 end). GDP 2003 $11.063T(http://www.bea.doc.gov/bea/newsrel/gdpnewsrelease.htm).
Increase of National debt during the first 34 months of the Bush (43) Administration as a percent of GDP (2003est.) = 10.93%

re:"you can't compare the size of those Democrat deficits to the Bush deficits. Bush is the champion deficit spender of all time."
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