We hear every time a finger is pointed at some tomfoolery such as the unfunded wars in Afghanistan and Iraq, that increasing taxes to finance those rather major military operations is impossible, because it would damage the economy. And yet, somehow we fought (and financed) the entire Second World War, Korean and Vietnamese wars, cheek to jowl with a booming economy. We brought our boys home to heavily subsidized university degrees
The Persistent Myth of “Harming the Economy”
We hear every time a finger is pointed at some tomfoolery such as the unfunded wars in Afghanistan and Iraq, that increasing taxes to finance those rather major military operations is impossible, because it would damage the economy. And yet, somehow we fought (and financed) the entire Second World War, Korean and Vietnamese wars, cheek to jowl with a booming economy. We brought our boys home to heavily subsidized university degrees