When the fountains of government abundance began to dry up, when through lack of funds and the impossibility of negotiating fresh loans the state was… - John T. Flynn

All the government planning involved government spending. And that involved heavy taxation and debt. Taxes and debt were supposed to be an evil and were certainly unpopular. But now came the new theory that governments could borrow al-most indefinitely, that government borrowing was a good thing, that government debt was not a burden, did not have to be paid and was, literally, an unmixed blessing.

The enemy aggressor is always pursuing a course of larceny, murder, rapine, and barbarism. We are always moving forward with high mission, a destiny imposed by the Deity to regenerate our victims while incidentally capturing their markets, to civilize savage and senile and paranoidal peoples while blundering accidentally into their oil wells or metal mines.

Political leaders, embarrassed by their subsidies to the poor, soon learned that one of the easiest ways to spend money is on military establishments and armaments, because it commands the support of the groups most opposed to spending.