Wednesday, October 10, 2007

Paying for Iraq War

At the beginning of the Iraq war I wondered why, if the war were so important to American security, Bush did not ask us to sacrifice and raise taxes to support it. Instead, of course, he lowered taxes, especially on the rich. Bush knew that enthusiasm would be tempered if people were asked to pay at the outset. The following column by Thomas Friedman of the New York Times explains Bush’s logic?!

October 7, 2007
Charge It to My Kids
Every so often a quote comes out of the Bush administration that leaves you asking: Am I crazy or are they? I had one of those moments last week when Dana Perino, the White House press secretary, was asked about a proposal by some Congressional Democrats to levy a surtax to pay for the Iraq war, and she responded, “We’ve always known that Democrats seem to revert to type, and they are willing to raise taxes on just about anything.”
Yes, those silly Democrats. They’ll raise taxes for anything, even — get this — to pay for a war!
And if we did raise taxes to pay for our war to bring a measure of democracy to the Arab world, “does anyone seriously believe that the Democrats are going to end these new taxes that they’re asking the American people to pay at a time when it’s not necessary to pay them?” added Ms. Perino. “I just think it’s completely fiscally irresponsible.”
Friends, we are through the looking glass. It is now “fiscally irresponsible” to want to pay for a war with a tax. These democrats just don’t understand: the tooth fairy pays for wars. Of course she does — the tooth fairy leaves the money at the end of every month under Treasury Secretary Hank Paulson’s pillow. And what a big pillow it is! My God, what will the Democrats come up with next? Taxes to rebuild bridges or schools or high-speed rail or our lagging broadband networks? No, no, the tooth fairy covers all that. She borrows the money from China and leaves it under Paulson’s pillow.

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