In my column, I pointed out our forefathers. The greatest generation, responsible leadership entered World War II spending about 11.7%, ramped it up to 41% during the war. By 1948, they were down to 11.4% [of GDP]. So it's entirely possible. But you need leadership. I need the President of the United States. By the way, I've been in the White House with him. (48:13–48:17)
CLAIM
Asserts that U.S. government spending was reduced to 11.4% of GDP by 1948.
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