The US defense budget only increased 20% in 2002 compared with 1999 so it can't be true that Clinton starved defense to balance the budget.
Bush just passed a $400 billion roads and highways bill which is a massive Keynesian strategy to pump the economy and create jobs over 5 years.
Meanwhile China can spend far less on defense and still add more ordnance because of its lower cost base. They will have more subs than the US in 5 years time.
Whatever the plan was it backfired on Bush bigtime.
- Forums
- General
- resume of george w. bush
resume of george w. bush, page-17
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online