"An economist friend of mine told me that historically, this nation would raise taxes, aggressively sell bonds, enact rationing of various goods, and other tactics during a time of war, so that everyone felt the "pain" of being at war, which would rally the nation and its people and to aggressively work to end that war."
Very interesting comment you have here. Makes a lot of sense, kinda like having some catastrophe do the same thing like Pearl Harbor and the Twin Towers. No doubt, we are steered just where the "steerers" want us to go......like a bunch of sheep! No doubt the result of the towers has made the debt what it wouldn't be otherwise. The question is, have the decisions resulting from that act been in our best interest as a nation?
One thing my granddad told me as young shafer: The government has the ability to print money when it runs out and money is just a means to an end, legal tender for goods and services one needs and wants. Wink!
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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