Again, Lisa, there's that myth that if we didn't spend the money on the war
it would have been available to spend on alternate energy.
There are many ways to spend money, some good, many bad. This war has
little long term benefit whereas spending this money for infrastructure
improvements would have a long term benefit but it wasn't and more than
likely would not have been. The reality is that the money was poured out on
the sand with little or no benefit and a huge debt. That debt is the
problem. No one thinks about what the interest payments will be. Right now
bonds are cheap but what if the Fed significantly increases interest rates
to fight inflation. What if our foreign bond customers wand higher interest
rates to make up for the devaluing dollar? The net result will either
significantly increased taxes or significantly reduced monies for other
functions. The amount of money required to cover the interest alone will be
staggering.