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Learn from history or ??

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John Eyster
December 12, 2012

Learn from history or ??

I have repeated again and again the truth that IF we do NOT learn from HISTORY, we are condemned – damned to relive it. And yet, there are so many specific examples of events already in our 21st century which DEMONSTRATE that TRUTH. Do YOU think of an example?

Reading the Washington Post, I was very interested in Walter Pincus’ “Fine Print” column, “Debt and deficit lessons from 1917.”

CONFESSION: I taught American History for decades at the high school level at Parker High School, Janesville, WI. I was NOT aware of the specific strategies used by US President Woodrow Wilson to PAY FOR THE WAR immediately after the US declared war on Germany on April 6, 1917.

Focusing attention on the outbreak of the war and the involvement of the US. Be sure to read about the some Republicans again threaten to use the debt limit statute next year to leverage protection of tax rates for the wealthy, it’s worth going back 95 years to see how Americans viewed taxes and spending when that law passed.

I was amazed to read Pincus’ review of the situation in 1917 as he asserts, “It was a different story in 1917. “ STARK CONTRAST to the fact as stated by Pincus, “George W. Bush’s White House didn’t consider such an issue when it launched its war on terrorism after the Sept. 11, 2001, attacks or undertook the more costly invasion of Iraq in 2003.” Believe it or not…

Continue to read the column… Pincus provides the information and perspective reviewing our US actions to PAY for WARS at the time of the wars and leading to the STARK REALITY, “The wars in Iraq and Afghanistan represented the first time that a U.S. president did not seek new taxes to cover the fighting. Supported by a GOP-led House and Senate from 2001 through 2006, and then just the GOP-run House, Bush raised the debt ceiling seven times through 2008, almost doubling it, from about $6 trillion to $11.3 trillion.”

So, the FIRST US PRESIDENT who did NOT seek taxes to help cover the fighting was GEORGE W. BUSH. And Truth be told, BARACK OBAMA did NOT step up to the plate… he essentially continued the BUSH policy of NOT seeking MORE taxes, but he did put the fighting ON THE BUDGET.

Should the US pay for wars as we fight them? Or, is it better to fight wars OFF BUDGET and borrowing with low taxes? What do YOU think?

Here we go…

Mr. E.



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