Quote:
Originally Posted by detbuch
The bank failure had nothing to do with military spending. The military had been gutted by Clinton and would have had to be rebuilt without the war. The Bush tax cuts, again not related to the bank failure helped fuel economic growth which would have more than covered the refurbishing of the military. O course the war made it more expensive. All wars do and have done. You just asked for the last time we have seen tax cuts and big increases in military spending, not massive increases due to war.
You conveniently passed on Reagan.
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You are right, I did. I was thinking of Bush. You can argue the costs of 'refurbishing' the military, but in times of war, historically, taxes went up to cover the cost.