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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: DuckTapeSunroof who wrote (339934)1/8/2003 2:49:05 AM
From: DavesM  Read Replies (1) | Respond to of 769667
 
Yes, Bush had the lowest Real Growth in GDP:

It should be pointed out, that unlike the previous 30 years, Bush's (41) Administration was the first Post-Cold War Administration. With a >20% reduction in defense spending (force reductions, base closures, and defense plant closures). Despite the Gulf War, Defense spending as a percent of GDP dropped from 5.7% to 4.7% in two years, between 1989 and 1991.