History's End

History will end only when Man does

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  • Tuesday, April 27, 2004

    Bring Back War Bonds

    It is time to bring War Bonds back. The US Federal Government is currently experiencing budget problems, primarily from the costs of the WoT. Either as a result for funding the US military, or because of lowered taxes from the economic damage of 9/11. At this point in time, raising taxes would cause economic damage that would eclipse the current problems with the budget, a case of the cure being worse than the disease. Cutting spending on various social programs would be another step to take, but domestic concerns prevent the President from advocating that. Support of the Congress is necessary to keep the WoT going, and thus spending cuts, which would be highly resisted by Congress(which won't want to cut benefits to constituents), are out of the question. However, unless the US wants to be in debt to foreign nations and investors, we will have to find another way. This is where War Bonds come in. By issuing bonds that specifically go to the various department involved in the WoT (essentially DoD, FBI, CIA, NSA, Homeland Defense), we can help reduce the burden of the cost of the war on the Federal Budect. Long term low interest bonds would be much smarter, financially speaking, than relying on foreign capital. It would also, in acting as a long term source of revenue for those who purchased them, motivate people to be more aware of the budget situation, as it would directly affect them and their revenue. Salience is extremely important in politics.

    Poster's should also be used as well, like the one already linked to. Another type that would be extremely important would involved members of the Coalition of the Willing. An example is here. Reminding Americans that we have allies, and that they are putting a lot on the line is extremely important, especially given the unilateralism charges thrown out constantly by a certain part of the political Left.

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