THE BLOG
of John GellesJune 12, 2007
Spending for War and Peace
Message to Mitt Romney's Forum on Business and Growth
Spending for War and Peace Spending to win in war and peace , to defeat Jihadists as necessary, rationalize competition with Asia and Europe, and reduce taxes to their essential minimum (i.e., to prevent hyperinflation — not to pay immediately for spending), is obviously your highest priority (I hope) since these are the issues you list first!
If we mobilize our economy, we can spend until we win! At present we are doing everything on the cheap. And we are not winning!
You are famous for practical business advice. Think back to the spending that won WWII. Please speak honestly and effectively to this issue. We do not need to tax and spend. We can SPEND and SAVE! Saving will prevent hyperinflation. If necessary, we can introduce forced savings instead of taxes. But common sense advice from Mitt to America can let us know we MUST spend big to win, to prevent further risk of global warming, to educate, to produce all we need in the event the dollar declines, to be the great nation we are!
In 2001 we were told to shop and spend on private need. Today we must be leveled with: the nation must spend; individuals must try to defer spending if the price of private wants is not right! Our central bank can be empowered to help us spend to save our liberty and the environment. Please talk sense to the American people.