John Kerry for President? Message Board

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Politics : John Kerry for President?

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To: American Spirit who wrote (2892)	10/22/2004 8:58:14 PM
From: Oeconomicus	Read Replies (1) of 3515

"Bush is the biggest deficit spender in history. We can agree on that statement at least." No, we can't. You're wrong again, bozo. Federal deficits as a percentage of GDP are lower today than they were in the mid-'70s, most of the '80s, first half of the '90s, and all but two years of the period 1932-1946. Ask the OMB. And as for the debt, as a percent of GDP it is lower today than it was as late as 1993-1997. Only a year or two later, pols and economists were debating whether it was a good idea to pay off the debt entirely. It was also higher from 1943-1955. Sheesh! Do you ever check your facts? whitehouse.gov

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