Since most of the remarks quote protest songs I’ll make a comment: The problem with wars is that the politicians are in control. They view a war as a political tool. If one is to go into a war it should be with one goal…win. We are still afflicted with the cost of Viet Nam in lives lost, broken lives and the financial cost. War is serious and should not be a tool of the politicians. In closing I quote from one of my favorite comics: “Dad, how do soldiers killing each other solve the world’s problems?”
― Bill Watterson, Calvin and Hobbes. I need say no more
In an earlier life, I had an English teacher who required us to memorize some poems or portions of poems. One such was “Ode on a Grecian Urn”. To be sure we had it correctly memorized, often we recited it to each other. The teacher would randomly call on a student or two to recite the selected verse, the format being Title, Author, then the selected work. One young man in an attempt at creating a little humor recited it as “Ode on a Greasy Churn” during these practice sessions. He happened to be the one called upon in class. He stood at his desk and quite confidently stated…“Ode on a Greasy Churn”, before he could credit Yeats, the class erupted in laughter. He was in shock as he did not realize what he had done. The teacher, with much dignity and not a trace of humor instructed him to start over and “Try Again”.
My question would be, “Is it necessary for a nation to have debt to be a world leader?”. My belief, all be it antiquated, is that one should treat the nations finances as his own. Short term debt, then pay it off.The best illustration was given by Rep. Larry McDonald, a very conservative member of Congress who perished in the KAL007 shootdown. I was at a meeting where he had been invited to speak, he asked a couple of members of the audience to help. He asked them to hold the ends of, what looked to me, like a rolled-up window shade. He then asked them to roll it down a couple of feet. It was a graph labeled WWI, WWII, Korean War. On the left hand side it was labeled in millions or billions of dollars, it’s been too long to remember the label. He was talking about UD Debt at the end of each of these wars. He noted that at the end of these wars the debt decreased as the US paid it’s debts, then began to rise again. He then asked a third person to come up and help. They were to instructed to pull down and “unroll” the graph. He pulled it off the stage down into the audience over 1/2 way to the back of the room before the end of the line was visible. He then pointed that was the US debt “today”. That “today” was in the 1980’s. His point was that US debt had risen higher in peacetime than at the end of major wars. I cannot vouch for the truth of his scale or the accuracy of his figures, but it made his point that the US debt was ever increasing. Shocking for this country boy who had difficulty keeping his check book balanced.
― Bill Watterson, Calvin and Hobbes. I need say no more