'How about 92? Are there any comparisons?'
Actually, I think not. Unlike '92, when GHWB had to face a revolt from within his own party from Pat Buchanan, President Bush has a unified party behind him this year, just as he did in 2000, with the possible reluctance of one John McCain, who (like Buchanan) has come home once again.
Also unlike '92, GWB has not backed away from his low tax policies, and why would he? He saw first hand what happened in '92 to his Dad, and he is not ABOUT to risk repeating that kind of mistake. He understands what Reagan did, and no doubt embraces one of Reagan's great quotes: "if you want more of something, you subsidize it, if you want less of something, you tax it" (paraphrased).
It is true, and it cannot be denied that President Bush has presided over massive spending increases, but to that I say 'so what?' - America is at war, the budget is not as important as winning that war, and IF we must have increased spending in any area (domestic or otherwise), I would rather have President Bush making those decisions than ANY 'Rat you can name, with the exception of Zell Miller.