Bush Worse Than LBJ
January 23, 2004
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)
The Best of Llewellyn H. Rockwell, Jr.
Llewellyn H. Rockwell, Jr., former editorial assistant to Ludwig von Mises and congressional chief of staff to Ron Paul, is founder and chairman of the Mises Institute, executor for the estate of Murray N. Rothbard, and editor of LewRockwell.com. He is the author of Against the State and Against the Left. Follow him on Facebook and Twitter.
The Word From Rome