[lonestar67]

It really is extraordinary what an awesome job Bush is doing. The fact that a nation at war can reduce its deficit position is proof positive of his strong fiscal position.

I defy anyone to show me the US reducing the deficit at any prior time in war time.

We are fighting a global WAR on terror.

Good job Bush!

[Reagan Man]

>>>>I defy anyone to show me the US reducing the deficit at any prior time in war time.

I assume you meant during "hot wars".

According to OMB:

US deficits, WWII:

$54.554 billion deficit in 1943,
$47.557 billion deficit in 1944,
$47.553 billion deficit in 1945.

Vietnam War deficits/surpluses:

1968 -25,161
1969 +3,242

1972 -23,373
1973 -14,908

So, its happened before.