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Politics : PRESIDENT GEORGE W. BUSH
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To: JBTFD who wrote (648129)10/19/2004 5:33:55 PM
From: Kenneth V. McNutt  Read Replies (1) of 769670
 
What is the result? The biggest deficits $wise the nation has ever seen.

I observe you used dollar wise. An unfair comparison. Most everything costs more today dollar wise.
The deficit is about 3.6% of GNP. World War2 budgets were higher in relation to the benchmark, the GNP. Also Reagans, as he had to rebuild the military after their demise under Carter. A similar condition exists here. President Bush, after years of neglect by Clinton, had to rebuild our military to meet the terrorists threats, that were ignored by Clinton. The EU's standard, which few of the EU countries meet, is 3% of GNP. France and Germany, even now, are asking for release from the 3% standard, as their social welfare programs are beginning to bankrupt their countries.
Remember, Kerry is a traitor. It is very important.

KM
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