America's Fiscal Constitution (104 page)

“Window tax,”
41

Wirt, William,
87

Wolfowitz, Paul,
276

Wood, Leonard,
167

World America Made, The
(Kagan),
381–382

World War I and US

     
allies deaths/loss of generation and,
161

     
banking system,
165

     
bond slogans,
164

     
debt ceiling,
164

     
declaration of war,
161

     
disillusionment after,
166–167
,
168

     
economy and,
159

     
end,
165

     
financing/debt,
108
,
156
,
161–164
,
165
,
179

     
loans to allies and,
165–166

     
military/spending,
160

     
veterans,
166
,
167
,
179

     
veterans’ pensions/bonus and,
179
,
188
,
192–194

World War II

     
beginning,
201

     
end,
214

     
German control in Europe,
207

World War II and US

     
bonds and,
212

     
borrowing/debt,
212–213

     
debt ceiling and,
165
,
236

     
employment and,
202
,
213

     
entering,
207

     
financing,
5–6
,
108
,
207–213

     
fiscal policies,
203

     
military spending,
207–208

     
Pearl Harbor attacks,
207
,
337
,
338

     
pensions/medical insurance plans from employers,
210–211

     
postwar finances/military spending and,
214–219
,
221–222

     
wage/salary ceilings,
210–211
,
212

Wright, Jim,
284
,
306

Wright, Silas,
72
,
74
,
75
,
86–87

Zhou Enlai,
228

Photo © Lorelei Rao

Bill White is senior advisor at Lazard, a firm advising corporate leaders and governments worldwide. He served as Houston’s mayor and was twice re-elected with an average vote of 88 percent. He also served as the deputy secretary of energy of the United States. He received the prestigious John F. Kennedy Profiles in Courage Award for his leadership in response to Hurricane Katrina and the Governing Official of the Year Award by
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