Quote:
Originally Posted by RIROCKHOUND
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.
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Yes, but war is the exception. Spending on military maintenance and improvement are constitutional responsibilities of the Federal Government. The other non-constitutional social obligations that the Federal government has taken on amount to more debt than constitutional spending which includes the military.
You're right, in times of war, taxes usually go up. But, as I said, war is the exception and should not be a factor in the simple question of lowering taxes and normal military spending. And Bush's tax cuts and increased spending on improving the military would not have hurt the economic boom. Had you mentioned war, the answer might have been different.
On the other hand, the continued good economy could have eventually, and not too long, have paid for the war. The collapse of the economy changes all that.