Try a comparison to 1951 or 1952

Reader comment on: Coddling Buffett

Submitted by Lyle (United States), Aug 16, 2011 00:07

Recall that in 1950 the Korean war had not yet begun to affect the budget, and it still assumed a draw down. Look at 1951 or 1952 (note that Ike kept the high rate as well). During the Korean war would be a better comparison, because the military was in use.


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