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


To: Kenneth E. Phillipps who wrote (597036)7/29/2004 3:49:48 PM
From: DizzyG  Read Replies (1) | Respond to of 769670
 
Let's look at the big picture: deficits as a percentage of GNP


1962 -1.2
1963 -0.8
1964 -0.9

1965 -0.2
1966 -0.5
1967 -1.1
1968 -3.0
1969 0.4

1970 -0.3
1971 -2.1
1972 -2.0
1973 -1.2
1974 -0.4

1975 -3.3
1976 -4.1
1977 -2.7
1978 -2.7
1979 -1.6

1980 -2.7
1981 -2.5
1982 -3.7
1983 -5.6
1984 -4.7

1985 -5.1
1986 -5.0
1987 -3.2
1988 -3.1
1989 -2.9

1990 -3.9
1991 -4.4
1992 -4.5
1993 -3.8
1994 -2.9

1995 -2.2
1996 -1.4
1997 -0.3
1998 0.8
1999 1.4

2000 2.5
2001 1.3
2002 -1.5
2003 -3.4

cbo.gov

As I said before, Kenneth...Bush does NOT have the largest historical budget deficit as a percentage of GNP (BTW, this is the standard with respect to measuring changes in budget deficits; NOT total dollars). Too bad this doesn't fit your political agenda. But these are the facts. :)

Diz-