January 23, 2004

Bush Worse Than LBJ

Posted by Lew Rockwell at January 23, 2004 03:38 PM

The average annual real increases in domestic discretionary spending:

LBJ 1965-69 4.3%
Richard Nixon 1970-75 6.8%
Gerald Ford 1976-77 8.0%
Jimmy Carter 1978-81 2.0%
Ronald Reagan 1982-89 -1.3%
George H.W. Bush 1990-93 4.0%
Bill Clinton 1994-2001 2.5%
George W. Bush 2002-04 8.2%

(Source: Club for Growth, based on U.S. Budget, Historical Tables, 2004, courtesy of Bill Bonner)


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