Writes Bill Bonner: Here are the average annual real increases in domestic discretionary spending: LBJ: 4.3% Nixon: 6.8% Ford: 8.0% Carter: 2.0% Reagan: -1.3% Bush I: 4.0% Clinton: 2.5% Bush II: 8.2%
(Source: Club for Growth, based on U.S. Budget, Historical Tables, 2004)